12216 N 59th Street

Highlights:

• Lot Features: 1/2 To Less Than 3/4 Acre Lot, Less Than 1 Acre, Oversized Lot, In Residential Area, Treed Lot
• Building Features: Landscaped, Pool, Automobile Traffic, Pedestrian Traffic
• Gross Income: 147840
• Number Of Buildings: 2
• Bathrooms Total: 0
• Documents Available: Copies Of Lease(S)
• Cooling: Attic Fan, Ceiling Fan(s), Central Individual A/C, Central Air
• Heating: Central
• Electric: Separate Meters
• Construction Materials: CBS Construction, Slab Construction
• Parking Features: Assigned, Guest
• Accessibility Features: Accessible Parking
• Insurance Expense: 8750
• Ownership: Assets Only

Description:

As one of the most populous cities in Florida, Tampa is an ideal market in which to own quality rental units. This 7 unit, fully occupied community enjoys high demand due to attractive floorplans and privacy normally associated with single family home living, while also offering affordability and proximity to everything the area has to offer. By being in the heart of one of the most popular places to live in Florida, Milan Villas offers excellent, stable cash flow. Fully occupied with long term tenants and a desirable location! • Strong appeal to residents - featuring gated access, spacious, updated units, a community pool (unusual for 7 units), and reserved parking, these units enjoy high demand as annual or vacation rentals year round. • Stability - Townhomes are a high demand rental type in all markets, but particularly in the Tampa Bay area. Investors enjoy a solid and consistent tenant base, and residents the luxuries of a single family home with the conveniences/amenities that come with apartment living. • Location - Less than 2 miles from University of South Florida, Adventhealth Hospital Tampa, VA Medical Center and Moffitt Cancer Center - all major local employment and education centers, creating a broad local tenant base. Also, close to all local retail, dining, hospitality, office and world-famous Busch Gardens of Tampa Bay! • Flexibility - units are individually deeded, and four are currently fully furnished and operated as vacation rentals/Airbnb units. Can be sold off individually to owner/occupants or smaller investors if so desired. • Potential for additional units - Included in the sale is a 0.40 acre parcel behind the property, with the p

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Listing ID: B26048029