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W 1720 Hills Avenue
Tampa, FL 33606

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Price: $1,179,999
Address: W 1720 Hills Avenue
City: Tampa
Zip code: 33606
County: hillsborough county
Subdivision: richardson place
Square Ft: 3170
Pool: None
Lot Size: 0.17
Property Type: Residential Income / Quadruplex
Construction: Asbestos,Wood Frame (FSC Certified)
Heating: Central
WaterFront: None
Community Features:
Year Built: 1903
Remarks: Rare multifamily opportunity in Historic Hyde Park! Stunning, turnkey 4 unit boutique style apartments just steps from beautiful Bayshore Blvd. This diverse asset is fully leased offering investors steady income, future appreciation, and opportunity to own a tastefully restored building with NO FLOOD, NO HOA, and zoned for top rated schools, PLANT HIGH. The property is located in one of the most desirable and highly sought-after locations with historically strong rental rates and occupancies. This turn of the century property was painstakingly restored in keeping the integrity of character while delivering a balance of Historic charm with modern finishes to its residents. The updated amenities including restored hard wood floors, washer/dryer and dishwasher in each unit, central HVAC, tankless on-demand gas water heaters. The recent capital improvements include newer appliances, cabinetry, framing, electrical, flooring, paint and plumbing as well as individually metered water and gas for the new tankless hot-water heaters. In addition to all these high dollar improvements, the new owner will benefit from a BRAND NEW ROOF with a transferable warranty upon closing. Furthermore, the residents enjoy some of the best, modern and updated amenities, in each of the spacious 2bed/1bath units (averaging 793 sq ft each) can take advantage of the Florida bonus/2nd bedroom and/or private balcony. One can clearly see the pride in ownership and caliber of tenants’ tasteful furnishings that appear to be from a magazine! As a bonus, so rare to find a grand deep lot that can accommodate up to eight off-street parking spaces. This historic Hyde Park marvel is just minutes from major attractions- Hyde Park Village, Bayshore, Tampa’s SoHo District, University of Tampa, Downtown Tampa, TIA, Tampa General Hospital and so much more. Ideal value-add opportunity for new owner(s) to consider a mix of short term and long term rentals while capitalizing on current multi-Billion dollar development projects in Tampa-Water Street Tampa (Gates/Vinik) while future growth continues. Shown by appointment only. Please contact me for a private showing.
Courtesy of: charles rutenberg realty inc

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Information on this website is being provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this web site is sourced from the MLS (MFRMLS). Real estate listings held by brokerage firms other than Lipply Real Estate are marked with the Broker Reciprocity logo. All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal.

*Data Updated 10 26 2020

MLS Office ID: 260030671
Lipply Real Estate Company
3302 Alt 19
Palm Harbor, FL 34683
Phone: 727-314-1000
Fax: 727-216-6549