FL
Hillsborough
TAMPA
33612
9402 N SEMMES STREET
9402 N SEMMES STREET, TAMPA, FL 33612
Share Listing
Listing Type
Multi Family
Listing Status
pending
21
$379,900

Home Details for 9402 N SEMMES STREET

Price
$379,900
Type
Residential Income
Bedrooms
7
Bathrooms
4.0
Square feet
2016
Year built
1988
Lot size acres
0.21
County
Hillsborough
Garage
Days on site
229
MLS Listing#
TB8346596
Property Description

Fantastic Investment Opportunity! Two-story multi-unit property with Great Income Potential! Welcome to this well-maintained two-story income property, offering incredible potential for steady rental income. Situated in a desirable location in the middle of Tampa, this property features two separate units, each with its own private entrance and separate electrical meters, perfect for maximizing rental returns! The downstairs unit is a spacious 4-bedroom, 2-bathroom layout, ideal for families and providing ample living space and comfortable amenities. This unit is recently vacant and available for walk-throughs and showings. Previously rented through the Tampa Housing Authority, it is Section 8 approved already. The upstairs apartment is a 3-bedroom, 2-bathroom unit, and is rented to a private tenant currently on a month-to-month agreement for buyer flexibility. Rent has always been paid in full and they are current as of this listing. Both units boast well-designed floor plans including private full bathrooms in the main bedrooms, modern finishes, and plenty of natural light. Whether you're looking to house multiple tenants or generate reliable cash flow from long-term rentals, this property is primed for success. Before the last tenant vacated due to sale, the property produced rental income of $4,000 per month. The area’s strong demand for rental properties, combined with a competitive cap rate of around 7%, makes this a prime choice for savvy investors looking to expand their portfolio. Don't miss your chance to own a versatile, income-generating property with excellent return potential! Schedule a viewing today to see all this property has to offer.

View Virtual Tour
Property Features
  • Utilities
    • Cable Available
    • Electricity Connected
    • Phone Available
    • Sewer Connected
    • Water Connected
  • Cooling Information
    • Central Air
  • Heating Information
    • Electric
  • Water Features
    • Public
Listing Courtesy: OMEGA RE GROUP LLC - 813-390-9670
Listings courtesy of Stellar MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided for consumers? personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright ©2025 MLS GRID. All Rights Reserved.
Last Updated: 2025-03-10 08:07:35
Transportation
Check the walk, transit, and bike score for
Neighborhood Market Statistics
See average values in the proximity of this property
Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from Stellar MLS.
EXIT ELITE REALTY
13911 N. Dale Mabry Hwy Suite #201, Tampa, FL 33618
Office
813 835 0000
Request more details
Code: