2531 W CHERRY STREET, Tampa, FL 33607  

Great Investment Opportunity surrounded by new builds in the middle of desirable West Tampa! Recently renovated flooring throughout, kitchens and electrical panels on separate meters including the community laundry room. New A/C units, hot water heaters and much more! This income producing property has a gross income (before expenses )of $49,500/year for all four units, providing a cap rate of over 9%. The property is centrally located being minutes away from Downtown Tampa, University of Tampa and not too far from Macdill air force base so it is guaranteed to stay rented. Enjoy a cup of coffee upstairs on the cover porch with a view of downtown.

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  • Listing Type Multi-Family
  • Listing ID T3183031
  • House Size 2,772 sqft
  • Lot Size 32X98
  • Listing Status Active
  • Year Built 1908
  • County Hillsborough County
  • Subdivision Mac Farlanes Rev Map Of Add
  • Units 4
  • School District 1 West Tampa-HB
  • School District 2 Madison-HB
  • School District 3 Jefferson
  • Zoning RM-16
  • Taxes 2647.0
  • TaxYear 2018
Listing courtesy of FUTURE HOME REALTY INC

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  2. Down Payment optional for VA Loans. No PMI is required.

    *This option is for a conforming mortgage. For amounts exceeding $484,350, you may need a jumbo mortgage.

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Price History

Date Listed at or
7/29/2019 $415,000 $5,000
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