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Browse More Listings in Multifamily For Sale, Tampa, FL or Florida

Multifamily Property For Sale

2401 W. Cypress St.

2401 W. Cypress St., Tampa, FL 33609

Price:
$219,900
No. Units:
2
Building Size:
1,760 SF
Price/Unit:
$109,950
Property Type:
Multifamily
Property Sub-type:
Duplex/ Triplex/ Fourplex
Property Use Type:
Investment
Commission Split:
3%
Cap Rate:
8%
Occupancy:
100%
No. Stories:
2
Year Built:
1951
Lot Size:
4,650 SF
Parking Ratio:
3.50 / 1,000 SF
Find Out More...

Last Verified 10/22/2009 Listing ID 16342403

Highlights

Work/Live opportunity
High Visibility
100% occupied

Signalized Intersection
Rezoning process started - site plan available
Concrete block building

Description

Ideal for Work/Live office, or office with rental income. Currently used as residential duplex, 2/1 apartments on both levels. Rezoning process started to obtain approval for office use. High-density RM-16 zoning. Solid concrete block building, remodeled and in good condition. Currently leased out, gross income approx. $1,500/mo.

Lighted intersection of Cypress St. and Armenia Ave. Very high visibility, possibility of monument signage for a business on corner. In an area of many conversions from residential to office. Gas station across street. Close to redevelopment of Homer Hesterly Armory - Heritage Square project.

Financial Summary

Actual
Scheduled Gross Income
$17,592

Map of 2401 W. Cypress St., Tampa, FL 33609 (Hillsborough County)

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Created 8/4/2009

Additional Information for 2401 W Cypress Street, Tampa, FL 33609

Active For Sale - 1 Listing
Active For Lease - 0 Listing
Previously Listed - 0 Historic Listing
Sales Comparables Available - 0 RecentSales Record

View additional information for the property view other currently active listings, previous listings, sales comparables, public records, and county records data for this address.

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The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

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Multifamily Property For Sale -

2401 W. Cypress St., Tampa, FL, 33609