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$691,000

For Sale

7 hours ago

MLS® TB8482060

0 Bed

0 Bath

5212 sqft

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  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Commercial Sale
Size 5212 sqft
Garage No
HOA Fees 
Taxes $10,417
Days Active 0
Approx. Age 1927
Avg. Price Per Sqft $132
MLS® Number TB8482060

Property Address: 2703 N 9th St, Tampa, FL, 33605-2572

Average square foot calculated using Size range provided by listing agent.

Description

1927 Character 6-Unit Asset | Proven High Rents | Engineered Value-Add | Separate Meters This is not a “project.” This is a cash-flowing 1927 vintage asset with documented upside. Originally built in 1927, this six-unit apartment building blends historic charm with modern infrastructure upgrades and a clear, engineered path to increased value. In 2024, the property was struck by lightning — creating the opportunity to professionally upgrade and improve significant portions of the building. Income Profile (Pre-Strike Performance) • (4) Fully renovated 1BR units upstairs rented at $2, 500/month each (fully furnished) • (2) Downstairs 1BR units rented at $1, 400/month each • All units separately metered for electric AND water This asset has already demonstrated strong rental demand at premium rates. Improvements & Infrastructure All plumbing and electrical updated upstairs 75 percent of plumbing and electrical upgraded downstairs New rear staircase New side porch Separate electric meters Separate water meters The heavy lifting has been done. Engineered Upside Seller is providing: • Full engineering plans for remodel • Plans to convert lower units into (2) 2BR/2BA units • Contractor bid for completion This isn’t guesswork — it’s a mapped-out value-add strategy. Why This Is Compelling • Proven rental history • Premium furnished rents upstairs • Clear pathway to increased NOI • Metered utilities reduce landlord expense exposure • Historic character with modern systems For the right investor, this is a repositioning play with documentation, not speculation. The Big Picture Assets from the 1920s with separate meters, updated systems, and engineering in hand are rare. This property was well maintained prior to the 2024 event and presents a unique opportunity to complete an upgrade plan already in motion. If you understand forced appreciation, this one will make sense.
MLS® NumberTB8482060
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1927
Stories2
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 3, 2026List Date
$691,000List Price
  • Commute

Commute

Starting Address
Destination Address
2703 N 9 Th St, Tampa, FL

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