Sold
3112 N 16TH ST
TAMPA FL, 33605
$680,000
$253.54 per sqft
Sold
2,682 sqft
Multi-family
Built in 1928
Completely Updated + Turn-Key Triplex with Multiple Value Additions!
This renovated Triplex is located on a DOUBLE CORNER LOT, in up and coming V.M. Ybor just minutes from Centro Ybor.
Fully furnished and offered to immediately cash flow, this fantastic property can gross over $6,500 a month on STR strategy.
Value additions include a divisible and potentially buildable lot adjacent to existing units.
Here is an opportunity where an additional 2 doors could be built.
The existing 1 Bedroom 2 Bathroom Block building could be converted to two 1 bed 1 bath units or a 1 bed 1 bath and storefront!
The Block Structure was previously mixed residential commercial zoning, and provides SIX OFF STREET PARKING in addition to the main driveway, as well as business opportunity.
Existing unit count is comprised of a 2 Bed 1 Bath, 1 Bed 1 Bath, and 1 Bed 2 Bath.
All financials are estimates from previous grossing rents / occupancy.
Seller May be willing to offer general credit for windows to be updated.
T3435112
MLSⓇ ID
March 21, 2023
Listed
March 22, 2024
Updated
Map
3112 N 16TH ST
TAMPA FL, 33605
Interior Features
Interior Features
Ceiling Fans(s), Eat-in Kitchen, Stone Counters, Thermostat
Fireplace
No
Cooling
Yes
Cooling Description
Central Air, Mini-Split Unit(s)
Heating
Yes
Heating Description
Central
Exterior/Building Features
Lot Size
0.25 Acres
Exterior Features
Awning(s), Lighting, Outdoor Grill
Roof
Shingle
Sewer
Public Sewer
Other Property Details
Area Name
33605 - Tampa / Ybor City
Taxes
$4,015
Tax Frequency
Annually
Days on Market
6
Garage
No
View
No
County
Hillsborough
Municipality
29
Water Source
Public
Pool
No
Zoning
RS-50
Buyer Agency Compensation
2%
Listed by Jonathan DeBellevue, with LPT REALTY
Listing Contact: 877-366-2213
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Data last updated 3/22/2024, 6:25 AM UTC