14 Hamilton Heath Drive

Tampa, FL 33604

This multifamily property is an absolute GEM -- all units are oversized with spotless kitchens and bathrooms + beautiful hardwood floors and walk-in closets. Live in one unit and rent to wonderful, long-term tenants or keep renting all four units on this perfect street just minutes away from the river and Tampa's best coffee shops, bars, and restaurants (10 minute drive to Armature Works). As an investment, the fourplex is a owner's dream: with overwhelming demand for apartments (two 2/1s and two 1/1s) in Seminole Heights; the entire property was fenced and covered in pavers so no monthly landscaping required + no HOA; in 2021, electrical was completely replaced, trees were trimmed, and roof was recoated; tenants pay for utilities (monthly credit given for water) and washer/dryer already set-up for units; truly, this property has been meticulously maintained and the tenants are kind professionals who were well-vetted with average time in unit >5 years. Currently a 6.5% cap rate but close to 8% with at-markets rents. Managing the property is easy and headache-free. Looking for the right buyer who is excited about all the amazing things that will continue to come to Tampa. Will work with 1031 buyers who need timeline flexibility. Note: please respect the tenants and property. There are cameras covering the entire premises and no one is allowed on the property without the owner's approval.

Listing courtesy of HOMECOIN.COM



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Data last updated at: 2023-09-21 05:50 PM EDT