2318 W Powhatan Avenue, Tampa, FL 33603
- $319,900
- 3
- BD
- 3
- BA
- 1,378
- SqFt
- List Price
- $319,900
- Status
- Pending
- Days on Market
- 11
- MLS#
- TB8524344
- Property Style
- Single Family
- Year Built
- 1960
- Bedrooms
- 3
- Bathrooms
- 3
- Living Area
- 1,378
- Lot Size
- 6,180
- Acres
- 0.14
- Total Acreage
- 0 to less than 1/4
- Legal Subdivision Name
- Hamners Marjory B Renmah
- MLS Area Major
- Tampa / Seminole Heights
Property Description
Under contract-accepting backup offers. Prime West Tampa Investment Opportunity – 3-Unit Income Property. Looking to add a strong cash-flowing asset to your portfolio? This West Tampa property offers a rare configuration: a single-family home legally set up and functioning as a triplex, all under one electric and water meter, simplifying utilities while maximizing rental potential. The location is unbeatable, just minutes from Tampa International Airport, Downtown Tampa, and Raymond James Stadium, putting tenants close to major employment centers, entertainment, and game-day energy. The property features three units: a 2 bed/1 bath unit with central A/C (approximately 5 years old), a 1 bed/1 bath unit with a window A/C unit, and a studio unit also with a window A/C unit. The property is fully livable in its current condition and generating rental-ready value today, with room to boost returns through cosmetic updates such as fresh paint, flooring, and finishes that could go a long way toward increasing rents and long-term value. The roof was replaced just 2 years ago, offering peace of mind on one of the biggest-ticket items for any investor. As an added bonus, solar panels are already installed on the roof; they are not currently active, and a buyer would need to bring in a solar company to complete the installation and activate the system, but the groundwork is there for a future energy-cost advantage. This is a solid, income-ready opportunity for an investor looking to acquire a multi-unit cash flow property in one of Tampa's most connected corridors, bring your vision for updates and unlock the full upside this property has to give.
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Additional Information
- Taxes
- $405
- Minimum Lease
- No Minimum
- Community Features
- No Deed Restriction
- Property Description
- One Story
- Zoning
- RS-60
- Interior Layout
- Ceiling Fans(s), Other
- Interior Features
- Ceiling Fans(s), Other
- Floor
- Ceramic Tile, Laminate
- Appliances
- Other, Refrigerator
- Utilities
- Cable Available, Electricity Connected, Public, Sewer Connected, Water Connected
- Heating
- Central, Electric
- Air Conditioning
- Central Air, Wall/Window Unit(s)
- Exterior Construction
- Block, Stucco
- Exterior Features
- Private Entrance, Private Mailbox, Private Yard
- Roof
- Shingle
- Foundation
- Slab
- Pool
- No Pool
- Fences
- Wood
- Flood Zone Code
- X
- Parcel ID
- A-35-28-18-3H0-000003-00019.0
- Legal Description
- HAMNER'S MARJORY B RENMAH LOT 19 BLOCK 3
Listing courtesy of TMWRK BROKERAGE LLC. 727-277-9032
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