9402 N SEMMES ST new

Tampa,FL 33612

$ 429900

7 Beds

4 Baths

2016 SqFt


Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,016 sqft

Price per Sqft $213

Subdivision Tampa Overlook

MLS Listing ID TB8346596

Bedrooms 7

HOA Y/N No

Originating Board Stellar MLS

Year Built 1988

Annual Tax Amount $6,375

Lot Size 9,147 Sqft

Acres 0.21

Lot Dimensions 68x133

Property Description

Fantastic Investment Opportunity! Two-story multi-unit property with Great Income Potential! Welcome to this well-maintained two-story income property, offering incredible potential for steady rental income. Situated in a desirable location in the middle of Tampa, this property features two separate units, each with its own private entrance and separate electrical meters, perfect for maximizing rental returns! The downstairs unit is a spacious 4-bedroom, 2-bathroom layout, ideal for families and providing ample living space and comfortable amenities. This unit is recently vacant and available for walk-throughs and showings. Previously rented through the Tampa Housing Authority, it is Section 8 approved already. The upstairs apartment is a 3-bedroom, 2-bathroom unit, and is rented to a private tenant currently on a month-to-month agreement for buyer flexibility. Rent has always been paid in full and they are current as of this listing. Both units boast well-designed floor plans including private full bathrooms in the main bedrooms, modern finishes, and plenty of natural light. Whether you're looking to house multiple tenants or generate reliable cash flow from long-term rentals, this property is primed for success. Before the last tenant vacated due to sale, the property produced rental income of $4,000 per month. The area's strong demand for rental properties, combined with a competitive cap rate of around 7%, makes this a prime choice for savvy investors looking to expand their portfolio.
Don't miss your chance to own a versatile, income-generating property with excellent return potential! Schedule a viewing today to see all this property has to offer.

Location

State FL

County Hillsborough

Community Tampa Overlook

Zoning RS-50

Interior

Interior Features Ceiling Fans(s),Thermostat

Heating Electric

Cooling Central Air

Flooring Laminate,Luxury Vinyl,Tile

Furnishings Unfurnished

Fireplace false

Appliance Electric Water Heater,Range,Refrigerator

Laundry Electric Dryer Hookup,In Kitchen,Inside,Washer Hookup

Exterior

Exterior Feature Other

Utilities Available Cable Available,Electricity Connected,Phone Available,Sewer Connected,Sprinkler Meter,Street Lights,Water Connected

Roof Type Shingle

Garage false

Private Pool No

Building

Entry Level Two

Foundation Block

Lot Size Range 0 to less than 1/4

Sewer Public Sewer

Water Public

Structure Type Metal Siding,Stucco

New Construction false

Others

Pets Allowed Cats OK,Dogs OK

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash,Conventional,FHA,VA Loan

Listing Terms Cash,Conventional,FHA,VA Loan

Special Listing Condition None

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