$670,000
Pending · 92 days on market · MLS# MFRTB8389243
| Living area | 4,476 sq ft |
|---|---|
| Lot size | 0.23 acres |
| Year built | 1983 |
| Property type | Multi Family |
| Waterfront | Yes |
| Annual taxes | $3,293 |
| County | Hillsborough |
Investors! Income-Producing Opportunity! Take advantage of this incredible investment opportunity with two buildings ready to be completed for potential rental income! Ideally located on a high-visibility corner lot at MLK Jr Blvd and N 12th St, with convenient parking access off N 12th St. Building 1: Duplex (2 units) Building 2: Fourplex (4 units) Total Units: 6 rental units ready for your final touches. Updates Already in Place: Permitted Metal Roof (2019) for long-term durability. Individual Electric Panels for each unit Separate Water Meters already installed – ideal for tenant utility management. Prime Corner Location. High-traffic area with excellent exposure, located near public transit, businesses, and other amenities—perfect for future tenants. Finish the Vision & Maximize Returns. Whether you’re looking to hold for cash flow or flip for profit, this property is a rare opportunity to capitalize on multi-unit potential. There are some expired permits, and some work has not been completed. Buyer would need to pull permits and complete the work. Sold As-Is — Bring your contractor and vision to unlock the full value of this promising investment! There Seller is an investor and has never occupied the property.
Listing courtesy of Heidi Arnold, DEMETER PROPERTIES INC. Presented by MC Homes Realty Inc · 727432218.