Commercial property in Tampa, Florida 4 bedrooms, 321.35 sq.m. № 1404770

Property description

Exceptional Triplex on Davis Islands. First time offered. This expansive two-story duplex features two well-appointed 2-bedroom, 1-bath apartments, each offering 1,200 sq. ft. of living space. Additionally, there is a separate building that includes a charming studio apartment. The upstairs unit is ideally suited for an owner-occupied residence. The property boasts an on-site laundry room and an attached two-car covered carport. With hardwood and terrazzo/tile flooring throughout and central air conditioning, this solid concrete building has maintained a 100% occupancy rate for over 30 years, although the current rents are below market value, presenting a significant opportunity for value enhancement. The existing tenants are on month-to-month leases, with one unit currently occupied and two units vacant, allowing for immediate remodeling or resetting. Please note there was prior water intrusion from Hurricane Helene affecting the first-floor units, which has been remediated. This property represents an excellent opportunity to customize as a rental investment or primary residence. The zoning is RM-24, and the lot size measures 63 x 100.