1210 E 140TH AVE, Tampa, FL 33613
1210 E 140TH AVE, Tampa, FL 33613
1210 E 140TH AVE, Tampa, FL 33613
1210 E 140TH AVE, Tampa, FL 33613
1210 E 140TH AVE, Tampa, FL 33613
1210 E 140TH AVE, Tampa, FL 33613
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$ 310,000
Est. payment | /mo

3 Beds

2 Baths

1,323 SqFt


Save
$ 310,000
Est. payment | /mo
Save

3 Beds

2 Baths

1,323 SqFt

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,323 sqft

Price per Sqft $234

Subdivision Byars Revision Of Sunnyland Ac

MLS Listing ID TB8511454

Bedrooms 3

HOA Y/N No

Year Built 1969

Annual Tax Amount $3,735

Lot Size 9,147 Sqft

Acres 0.21

Lot Dimensions 67x137

Property Sub-Type Duplex

Source Stellar MLS

Property Description

Value-add duplex investment opportunity in Tampa with immediate in-place income and substantial upside potential. 1210 E 140th Ave features a tenant-occupied duplex consisting of a 2-bedroom, 1-bath Unit A currently rented at $1,300/month and a 1-bedroom, 1-bath Unit B currently rented at $1,000/month, both on month-to-month leases with tenants intending to stay. The property currently operates at an approximate 6% cap rate based on current in-place income and estimated operating expenses, with clear upside through repositioning. This is a true investor value-add opportunity, with both units offering renovation upside and the potential for increased rental income through improvements to kitchens, bathrooms, drywall, and overall interior upgrades. Unit A features newer cabinetry, stainless steel appliances, and range, while Unit B has had some bathroom improvements completed. Estimated post-renovation market rents are approximately $1,600/month for the 2/1 and $1,300–$1,400/month for the 1/1. Major updates include roof replaced in 2016 and central AC in Unit A replaced in 2016, while Unit B currently utilizes window units. Property includes two separate electric meters with tenant-paid electric, one shared water meter with owner-paid water averaging approximately $100/month, helping maintain relatively low operating expenses. Property will not be delivered vacant and is being sold strictly AS-IS, with seller making no repairs. Excellent opportunity for investors seeking stable current cash flow with strong repositioning and rental upside in a growing Tampa market.

Location

State FL

County Hillsborough

Community Byars Revision Of Sunnyland Ac

Area 33613 - Tampa

Zoning RMC-20

Interior

Interior Features L Dining, Thermostat

Heating Central, Ductless

Cooling Central Air, Wall/Window Unit(s)

Fireplace false

Laundry None

Exterior

Exterior Feature None

Utilities Available Public

Roof Type Shingle

Attached Garage false

Garage false

Private Pool No

Building

Foundation Slab

Lot Size Range 0 to less than 1/4

Sewer Public Sewer

Water Public

Structure Type Block,Brick

New Construction false

Others

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

Stellar MLS
Listed by Wallas Silva MCBRIDE KELLY & ASSOCIATES

GET MORE INFORMATION

Ben Whetstone
Ben Whetstone

Team Leader & RE Advisor

+1(813) 468-9832 | ben@southshoreteam.com

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1210 E 140TH AVE