2318 W POWHATAN AVE, Tampa, FL 33603

Property Description

Prime West Tampa Investment Opportunity – 3-Unit Income Property. Looking to add a strong cash-flowing asset to your portfolio? This West Tampa property offers a rare configuration: a single-family home legally set up and functioning as a triplex, all under one electric and water meter, simplifying utilities while maximizing rental potential. The location is unbeatable, just minutes from Tampa International Airport, Downtown Tampa, and Raymond James Stadium, putting tenants close to major employment centers, entertainment, and game-day energy. The property features three units: a 2 bed/1 bath unit with central A/C (approximately 5 years old), a 1 bed/1 bath unit with a window A/C unit, and a studio unit also with a window A/C unit. The property is fully livable in its current condition and generating rental-ready value today, with room to boost returns through cosmetic updates such as fresh paint, flooring, and finishes that could go a long way toward increasing rents and long-term value. The roof was replaced just 2 years ago, offering peace of mind on one of the biggest-ticket items for any investor. As an added bonus, solar panels are already installed on the roof; they are not currently active, and a buyer would need to bring in a solar company to complete the installation and activate the system, but the groundwork is there for a future energy-cost advantage. This is a solid, income-ready opportunity for an investor looking to acquire a multi-unit cash flow property in one of Tampa's most connected corridors, bring your vision for updates and unlock the full upside this property has to give.

Property Details

    Other, Refrigerator

Listing Courtesy of TMWRK BROKERAGE LLC
Mike Youngblood, mike@aplushomebuyer.com, Agent: 8139663248

MFR MLS is the source of this information via Internet Data Exchange Program. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale. Availability of any listing should always be independently verified. Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may violate relevant federal and state law. Data last updated on 2018-04-18 at 2:22 pm

iRental Homes enables approved residents to rent a home that is currently for sale at the advertised rental price. They will also will be part of our Lease with a Right to Purchase Program.Area and home must qualify. Contingent on successful purchase by investor and qualification of renter. The approximate rental price is disclosed.

Location

  • Address: 2318 W POWHATAN AVE
  • State/county: Hillsborough
  • Region: FL
  • Zip/Postal Code: 33603
  • City: Tampa

Similar Properties In Tampa, FL 33603

TB8490651
For Rent
Per Month

$3,385.00

4116 N MARGUERITE ST, Tampa, FL 33603

  • 3 Beds
  • 2 Baths
  • 2688
TB8531539
For Rent
Per Month

$3,390.00

509 E LAKE AVE, Tampa, FL 33603

  • 3 Beds
  • 2 Baths
  • 1961
TB8530343
For Rent
Per Month

$2,955.00

307 W ALFRED ST, Tampa, FL 33603

  • 5 Beds
  • 3 Baths
  • 3251

Get in Touch

Call Us

(877) 547-7180

Email Us

info@irentalhomes.com

iRental Homes Network supports
equal housing opportunity.