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Investor Special

$1,800,000

1920 E Osborne Ave, Tampa, FL 33610

Active
Last Updated: 04/04/2025

7.36

Cap Rate

132,544

NOI

Details:
Cap Rate:    7.36%
NOI:    $132,544
Building Size:    4,733 sqft
Lot Area:    0.5288 acres
Occupancy:    100%
Class:    C
Units:    2
Year Built:    1944
Floors:    1
Highlights:
  • 4,733 SF building
  • 2 units
  • Renovated in 2024
  • Zoned RS-50
  • Located in Tampa
  • 100% occupancy
Description:

Explore a remarkable investment opportunity at the property on E Osborne Ave in Tampa, FL. This special purpose property offers a well-maintained, 4,733 SF of buildings across 2 units, zoned RS-50, and has undergone recent renovations in 2024. Boasting full occupancy, this investment promises steady returns. The property's prime location in the vibrant Tampa area presents an attractive proposition for prospective investors. With its solid rental history and desirable features, this property represents a compelling opportunity for those looking to expand their investment portfolio in an established and thriving market. Consisting of two buildings and sitting between E Osborne Ave and E Louisiana Ave the property also has excellent expansion opportunities. The two units are separate but share adjacent lots with the rear building have 5 bedroom and 5 bathrooms, while the front building has 4 bedrooms and 2 bathrooms. The existing lease has a 3% per year escalator.

Discover the vibrant neighborhood surrounding the property at 1920 E Osborne Ave, Tampa, FL, 33610. Located in the heart of Tampa, this area offers a blend of business and leisure opportunities. Nearby points of interest include the historic Ybor City, the Amalie Arena, and the Tampa Convention Center, providing ample entertainment options for potential tenants or employees. The location also boasts a diverse selection of dining options and convenient access to major highways, making it an ideal spot for an office building investment. With its central location and abundant amenities, this property presents an exciting opportunity for prospective investors.

Map:
Documents:
Title
Offering Memorandum
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