4401 West Ohio Avenue, Tampa, FL 33614 | Listings

4401 West Ohio Avenue, Tampa, FL 33614

  • $1,000,000
  • 3,892 sq ft
  • Year Built: 1944
  • Multi-Family
  • Listing #O6011239

Property Description

7% CAP RATE and OPPORTUNITY ZONE INVESTMENT! Unique Opportunity to acquire income producing Multifamily Package in South Tampa. 4401/4403 W Ohio Ave and 4204 N Manhattan Ave each has its own Folio number and offered only as a package deal. Own the corner of W Ohio Ave and N Manhattan Ave in the Drew Park area. Future income (and great use for opportunity zone investment) stems from the future land use of this property. Zoning is currently RM16, future land use RM20, and opportunity to apply for a Planned Unit Development zoning. Unit to land ratio indicates a potential for 7 units on the property. Excellent development area and fantastic opportunity to earn easy income while going through the zoning application process. Long term tenants would love to stay, and are paying way under market rents because they have been such long term and wonderful tenants. There is opportunity to increase the rental rates quite significantly if you would like to. Package includes a duplex and a triplex. 3 units are 2/1, and 2 units are 3/2 See attachments for surveys and income info

Listing Details

Price$1,000,000
Year Built1944
Property TypeMulti-Family
Listing #O6011239
StatusActive
CountyHillsborough
Listing TypeFor Sale

Interior Features

Square Feet3,892
Heating and CoolingCentral, Central Air
LaundryNone
FireplaceNo

Exterior Features

ExteriorWood Frame
FoundationSlab
RoofShingle

Miscellaneous

MLS Area33614 - Tampa
Measurement SourcePublic Records

Courtesy of Marcia Castro Socas, Castro Realty Group

mfrmlsListings courtesy of My Florida Regional MLS as distributed by MLS GRID.

Based on information submitted to the MLS GRID as of 5/22/2022 12:21 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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This content last updated on 5/22/2022 12:21 PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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