Are you on the lookout for a promising investment opportunity in Tampa? Look no further than this incredible investment property for sale. Situated in a prime location, this 4-bedroom, 2-bathroom single-family home with a separate mother-in-law (MIL) suite offers immense potential for generating substantial rental income.
One of the standout features of this property is the MIL suite, which comprises 2 bedrooms and 1 bathroom. Currently leased on a month-to-month basis, this unit provides a steady stream of income. Additionally, the MIL suite boasts its own private entrance, ensuring tenants enjoy a sense of privacy and independence. The suite also grants access to a private backyard, allowing tenants to relax and unwind in their own personal outdoor space.
The main house on the property is equally impressive, featuring a spacious backyard complete with a large workshop. This versatile space can be utilized for various purposes, providing endless opportunities for creative use. Whether tenants wish to set up a home office, art studio, or simply a place to pursue hobbies, this workshop is an invaluable asset.
Another enticing aspect of this investment property is the absence of a homeowners association (HOA). This means that investors can avoid the associated fees and restrictions often imposed by such organizations, allowing for greater flexibility and control over the property.
Furthermore, the property is not located in a flood zone, providing peace of mind to both investors and tenants. This eliminates the need for costly flood insurance, reducing expenses and increasing profit margins.
Convenience is key when it comes to real estate, and this property offers just that. Ideally situated just minutes away from shopping centers, restaurants, and the renowned MacDill Air Force Base, tenants will have all their essential amenities and entertainment options within easy reach. This prime location ensures a steady demand for rental properties, making it an attractive prospect for potential investors.
Practicality and convenience are further enhanced by the inclusion of individual washer and dryer units for each unit. Tenants will appreciate the added convenience and privacy of having their own laundry facilities, eliminating the need for shared spaces or laundromat visits.
In addition to its impressive features, this investment property boasts a new roof installed in June 2023. This recent upgrade ensures the longevity and structural integrity of the property, providing investors with a worry-free investment for years to come.
With its attractive features, prime location, and potential for generating significant rental income, this Tampa investment property is a true money maker. Whether you are an experienced investor or a first-time buyer, this property presents an enticing opportunity to expand your real estate portfolio.
Don’t miss out on this incredible investment opportunity. Schedule your private showing today and witness firsthand the immense potential this property holds. Act now and secure your place in the thriving Tampa real estate market.
3402 W VAN BUREN DRIVE, TAMPA, FL 33611