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$998,000

236 W North Street Tampa, FL 33604 Multi Unit - Multiple Active

  • 236 W North Street , Tampa, FL 33604 Main Photo

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Description

Located in the heart of Old Seminole Heights, one of Tampa's most vibrant and sought after historic neighborhoods, this exceptional four unit property presents a rare opportunity for investors and owner occupants alike. Whether you're looking to expand your portfolio with a high performing income property or take advantage of the ultimate house hack opportunity, this versatile quadplex offers immediate income with exceptional long term upside.The property features four thoughtfully configured units, including Unit A, a vacant 2 bedroom, 2 bathroom residence, Unit B, a 1 bedroom, 1 bathroom unit currently operating as a successful Airbnb, Unit C, a leased 2 bedroom, 1 bathroom unit, and Unit D, a leased 2 bedroom, 2 bathroom unit. The vacant Unit A provides the unique opportunity to purchase the property as your primary residence while generating income from the remaining units, allowing you to offset your mortgage and build equity through one of today's most desirable investment strategies.Currently operating under a hybrid rental model, the property combines the stability of long term leases with the increased earning potential of short term rentals. Units C and D provide consistent annual rental income, while the Airbnb operation in Unit B creates additional cash flow and flexibility. Investors also have the opportunity to further maximize returns through rental optimization, furnished executive rentals, or expanded short term rental operations, subject to local regulations.Positioned on a prominent corner lot, this property places you just moments from the neighborhood's renowned restaurants, breweries, coffee shops, and local favorites that have made Old Seminole Heights one of Tampa's most desirable places to live and invest. With convenient access to Downtown Tampa, Ybor City, Armature Works, Midtown Tampa, Raymond James Stadium, Tampa International Airport, I 275, and the Hillsborough River, the location continues to drive strong demand from both long term residents and short term visitors.Properties offering this combination of owner occupant flexibility, immediate cash flow, and future value add potential in Old Seminole Heights are rarely available.

Property Highlights

Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Electric
Lot Size: 0.13 Acres
Roof Type: Shingle
Taxes: $11,095
Year Built: 1925

General Information

Bedrooms: 28
Sqft: 2,713
County: Hillsborough
Subdivision: NORTH PARK ANNEX
Listed By:
Chris Zoller BRAINARD REALTY 813-922-2891

Amenities

Ceiling Fans(s)
Kitchen/Family Room Combo
Living Room/Dining Room Combo
Lighting

Property Features

Annual Net Income: 75000.00
Days on Site: 1
Directions: Head N on 275 to Sligh. Left on Sligh. Left on Florida. Right on North. Welcome Home!
Exterior: Frame
Fireplace: Wood Burning
Fireplace Y/N: Yes
Flood Zone Code: X
Foundation: Crawlspace
Home Warranty Y/N: No
Listing Terms: Cash, Conventional
Lot Dimensions: 0.13
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Quadruplex
Sewer: Public Sewer
Showing Instructions: 24 Hour Notice, Appointment Only, ShowingTime
Special Sale Provisions: None
Utilities: Electricity Connected
Water: Public
Water Access Y/N: No
Zoning: SH-RS
$998,000
28beds
2,713sqft
New to the Market Active
BEDS28 BATHS SQUARE FEET2,713 MLS#TB8521848
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONNORTH PARK ANNEX

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236 W North Street , Tampa, FL 33604.

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Estimated Payment

$ 4,581.75 per month $3,366.09 Principal & Interest $924.58 Property Tax $291.08 Homeowner's Insurance

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