LOCATED NEAR TAMPA RIVERFRONT, ARMATURE WORKS, ULELE, DOWNTOWN & YBOR CITY Total Investment-$550,000 5.2% return on Income in Place. Proforma year 1 cap rate of 6.3% and year 2 cap rate of 8.2%. Well occupied 8-unit asset less than 1 mile from Armature Works, Ybor City, and proximate to Curtis Hixon Waterfront Park, Tampa River-walk, and more. Significant and immediate value-add / mark-to market rent opportunity. Roof replacement within last 5 years, well maintained, numerous capital improvements since owner purchased. Employment demand drivers include Hillsborough County Courthouse, Tampa General Hospital, University of Tampa and numerous restaurants, galleries, museums, etc. and all the best Tampa has to offer. Tampa Heights has long been a diverse, vibrant neighborhood. Its proximity to Tampa's urban core allows residents to easily work and play in nearby Downtown Tampa, Ybor City, and Seminole Heights. This area has recently, and will continue in the future, to see a dramatic shift in commercial development, entertainment options, and infrastructure to support a robust environment for growth. Location to be disclosed upon execution of confidentiality agreement. Additional information including historical and in-place income statements, rent roll and capital improvement schedule, etc. are available to interested parties that have signed and returned a confidentiality agreement to Rock Group Advisors.
Off market
$744,700
2301 N Jefferson St, Tampa, FL 33602
--beds
0baths
3,576sqft
Multi-Family
Built in 1924
-- sqft lot
$744,700 Zestimate®
$208/sqft
$2,419 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Other
Cooling
- Wall
Features
- Flooring: Other, Carpet, Concrete, Linoleum / Vinyl
Interior area
- Structure area source: Public Records
- Total interior livable area: 3,576 sqft
Property
Features
- Exterior features: Stucco
Lot
- Size: 2,800 sqft
- Features: In City Limits
Details
- Parcel number: 1829134XK000001000071A
- Zoning: RM-24
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi-Family
Materials
- masonry
- Roof: Composition
Condition
- Completed
- Year built: 1924
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Public
Community & neighborhood
Location
- Region: Tampa
Other
Other facts
- Lot Features: In City Limits
- Total Acreage: Up to 10, 889 Sq. Ft.
- Utilities: Electricity Connected, Public
- Construction Materials: Stucco
- Heating: Electric
- Building Area Source: Public Records
- Pets Allowed: Yes
- Cooling: Wall/Window Unit(s)
- Property Sub Type: Multi-Family
- Property Type: Residential Income
- Exterior Features: Sidewalk
- Fireplace YN: 0
- Pool Private YN: 0
- Water Access YN: 0
- Water Extras YN: 0
- Waterfront Feet Total: 0
- Waterfront YN: 0
- Water View YN: 0
- Flood Zone Code: X
- Tax Year: 2017
- Additional Parcels YN: 1
- Number Of Lots: 2
- Year Built: 1924
- Zoning: RM-24
- New Construction YN: 0
- Living Area: 3576.00
- Tax Annual Amount: 2040
- Public Survey Range: 0
- Public Survey Section: 0
- DPRYN: 0
- Future Land Use: 0107
- Garage YN: 0
- Property Condition: Completed
- Building Area Total: 3664.00
- Sewer: Public Sewer
- Water Source: Public
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Estimated market value
$744,700