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Under contract-accepting backup offers. Discover a fantastic investment opportunity with this 4-unit property, strategically located in a vibrant and rapidly growing area. This RM-24 zoned lot measures 77x127 (9,779 sq ft) and offers the potential to build 4 townhomes in the future. This property is an ideal cash flow generator. With two units already leased, you can start generating income immediately while the vacant units can be easily transformed into short or long-term rentals, maximizing your revenue potential. Walking distance to Armature Works, a variety of dining and entertainment options, Tampa Riverwalk & Tampa's downtown. Close proximity to the new YMCA development & part of the $24 million Riverwalk expansion, enhancing the area's appeal. Whether you're looking to add to your portfolio or start your journey in real estate, this property offers both immediate income and future development potential. Schedule your private showing today!

PROPERTY FEATURES

Utilities : Cable Connected Water Access : 0 Sewer : Public Sewer
Parking Features : Fence
Exterior Features : Fence Road Surface Type : Asphalt Roof : Metal
Zoning : RM-24
Heating : Central Cooling : Central Air
Construction Materials : Wood Frame
Interior Features : Ceiling Fans(s) Laundry Features : Laundry Closet

PROPERTY DETAILS

Street Address: 205 FRANCES AVENUE
City: Tampa
State: Florida
Postal Code: 33602
County: Hillsborough
MLS Number: TB8305755
Year Built: 1917
Courtesy of KELLER WILLIAMS TAMPA CENTRAL

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