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

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