Property Description

Under contract-accepting backup offers. Back on the market due to no fault of the seller! Their loss is your opportunity! HIGHEST AND BEST DUE BY SUNDAY 11/19 AT 12 NOON. Incredible Investment Opportunity in Tampa, FL. Dual Income Streams with Future Upside Potential! This exceptional property presents a unique and lucrative opportunity tailored for astute investors. The property showcases an ideal setup for maximizing returns through an in-law suite or a strategic house hack. The front house, a 3-bedroom, 2-bathroom bungalow spanning approximately 1,377 square feet, is just the beginning. Complementing it is a separate back house with 2 bedrooms and 1 bathroom, spanning around 750 square feet. This back house is perfectly positioned for an in-law suite or generating supplementary rental income. With some renovation, this property is the perfect rental or flip! Market rents for these units are estimated at $1,550 per month for the front house and $1,150 per month for the back house. Potential to yield a combined monthly income of $2,700! Projected on proforma rents, this property boasts an impressive 7.5% Capitalization Rate (CAP rate), highlighting the strong return on investment. Beyond the existing income, there’s the advantage of future equity growth, courtesy of the generous corner lot on which the property sits. Each unit offers its residents private backyard spaces, allowing for outdoor relaxation and enjoyment. An added bonus is the separate garage, providing invaluable storage space. Notable updates include a recently replaced roof for the main home, ensuring long-term durability. The roof of the mother-in-law suite is approximately 4 years old, and both units benefit from HVAC systems of similar vintage. Strategically situated, this property offers easy access to the vibrant array of amenities and attractions that Tampa Bay is renowned for. Its proximity to I-275 ensures seamless commuting and convenient exploration of the surrounding area.rnSeize this outstanding investment prospect before it’s too late. Schedule a viewing now to secure your position in the dynamic and thriving Tampa, FL real estate market! Your financial success starts here.

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Address Map
W83° 33' 2.1''
N28° 2' 6.8''
Additional Information
Forest Hills-HB
9,576 Sqft
Single Family Residence

Residential For Sale

9410 10TH STREET, TAMPA, Florida 33612

5 Bedrooms
3 Bathrooms
2,077 Sqft
Listing ID #MFRT3448207
Basic Details
Property Type : Residential
Listing Type : For Sale
Listing ID : MFRT3448207
Price : $275,000
Bedrooms : 5
Bathrooms : 3
Square Footage : 2,077 Sqft
Year Built : 1928
Lot Area : 0.22 Acre
Country : USA
State : Florida
County : Hillsborough
City : TAMPA
Subdivision : GATEWAY SUB
Zipcode : 33612
Status : Pending
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