2318 W POWHATAN AVENUE TAMPA, FL 33603
$319,900
3 Beds
3 Baths
1378 sqft
MLS#
TB8524344
Type
Single Family Residence
Status
Active Listing
Square Footage
1,378
Bedrooms
3
Bathrooms
3 full
Year Built
1960
Tax Amount
$405
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.
Cooling:Central Air, Wall/Window Unit(s)
Private Entrance
Private Mailbox
Private Yard
Ceiling Fan(s)
Other
per month
Principal & Interest
Property Tax
Mortage Insurance
HOA
Home Owners Insurance
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