8923 N LYNN AVE, TAMPA, FL, 33604
$550,000
Residential Income
Bedrooms
4
Bathrooms
5
Living Area
2,500 Sqft
Lot Size
8,625 Sqft
Versatile opportunity to acquire a fully occupied five-unit income property in a highly desirable Tampa location. Generating approximately $10,000 a month in gross rental income, this turnkey investment offers an excellent opportunity for an investor or owner occupant with extended family with immediate revenue with established tenants already in place. Situated on a spacious lot, the property features generous front and rear yard areas, plenty of parking spaces, shared laundry facilities, and ample outdoor space. The buildings have been maintained and have been totally renovated and are positioned to continue serving the area's strong rental demand. Located minutes from major highways, downtown Tampa, shopping, dining, entertainment, schools, medical facilities, and Tampa International Airport, the property benefits from exceptional accessibility and convenience. Opportunities to purchase a stabilized multi-unit property with existing income in such a central location are increasingly limited. Ideal for investors or owner occupy seeking a cash-flowing asset with long-term appreciation potential in one of Tampa's most active rental markets
Property Details
Property Features Property Features
MLS ID: MFRTB8552953 Year Built: 1949
Construction Materials: HardiPlank Type, Other, Vinyl Siding, Frame Cooling: Central Air, Mini-Split Unit(s), Other, Wall/Window Unit(s)
Country: US County Or Parish: Hillsborough
Exterior Features: Fence, Lighting, Other, Private Entrance, Sidewalk, Storage Financial Data Source: Owner
Foundation Details: Block, Crawlspace Heating: Central, Ductless
Laundry Features: Common Area, Other, Outside Listing Agreement: Exclusive Right To Sell
Listing Terms: Cash, Conventional Other Equipment: Private Entrance
Property Sub Type: Quadruplex Property Type: Residential Income
Road Surface Type: Asphalt Roof: Shingle
Sewer: Public Sewer Showing Requirements: 24 Hour Notice, Appointment Only, Call Before Showing, Call Listing Agent
Special Listing Conditions: None Standard Status: Active
State Or Province: FL Utilities: Public
Water Source: Public
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