BEDS3
BATHS2 full
SQUARE FEET2,028
MLS#TB8418630
STATUSActive
PROPERTY TYPEResidential - Single Family
SUBDIVISIONJOHN H DREWS FIRST EXT
Property Description
Investor's Dream Near Raymond James Stadium!Discover this versatile income-producing property in Tampa, just minutes from Raymond James Stadium and Steinbrenner Field. Originally a 3-bedroom, 2-bath home, this property has been thoughtfully converted into two studio apartments, one 1-bedroom apartment, and a main living space with 2 Bedrooms and 1 bath.Current NOI is $36k with a 6.5% Cap Rate, and units are on month-to-month leases at below-market rates. With a Potential Gross Income (PGI) of $64K annually based on current rental market valuation, the property offers a potential of 11.5% Cap Rate.Updated roof (2021) + solar panels for energy efficiency.Prime location - close to highways, shopping, dining, and major attractions.Spacious parking for tenants and guests.Endless potential for short-term or long-term rentals.With a motivated seller and multiple income streams, this property is a true investor's gem in one of Tampa's hottest rental markets.
Property Features
Property Type: Residential - Single Family
Cooling: Central Air
Heating: Central
Home Style: Contemporary, Traditional
Lot Size: 0.13 Acres
Roof Type: Shingle
Stories: 1.0
Taxes: $2,234
Year Built: 2002
Amenities
Ceiling Fans(s)
Open Floorplan
Primary Bedroom Main Floor
Thermostat
Awning(s)
Private Mailbox
Sidewalk
Feature Descriptions
Appliances: Cooktop, Dishwasher, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer
Days on Site: 194
Directions: From Columbus Driver go North on N Glen Ave North to corner of Glen and W Abdella St
Exterior: Stucco
Flood Zone Code: X
Flooring: Carpet, Tile
Foundation: Block
Home Warranty Y/N: No
Listing Terms: Cash, Conventional
Lot Dimensions: 0.13
Ownership: Fee Simple
Patio/Porch: Covered, Front Porch, Patio
Property Attached Y/N: No
Property Sub-Type: Single Family Residence
Sewer: Public Sewer
Showing Instructions: Supra Lock Box, Appointment Only, Call Listing Agent 2,Lock Box Electronic-CBS Code Required, See Remarks, ShowingTime
Special Sale Provisions: None
Utilities: Cable Available, Electricity Available
Water: Public
Water Access Y/N: No
Zoning: RS-50
Listed By / Shown By
Listed By
Agency Name: COLDWELL BANKER REALTY
Agency Contact: 813-685-7755
Shown By
Agency Title: Adams Cameron & Co. REALTORS - Commercial
Agency Phone: (386) 252-3120
Estimate Your Payment
Estimated Payment
$ 3,273.91 per month $2,927.33 Principal & Interest $186.17 Property Tax $160.42 Homeowner's Insurance
3324 W Abdella Street | MLS# TB8418630
This single family home located at 3324 W Abdella Street, Tampa, FL 33607 is currently listed for sale with an asking price of $550,000. This property was built in 2002 and has 3 bedrooms and 2 full baths with 2028 sq. ft. W Abdella Street is located in the JOHN H DREWS FIRST EXT subdivision. Search JOHN H DREWS FIRST EXT real estate on www.adamscameroncommercial.com today.