Listing Courtesy of: Denise Becknell PA - TODAY SPEAKS REALTY
813-267-5818
$484,900
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8410 N Mitchell Avenue Tampa, FL 33604
Duplex
Residence
2
Beds
3
Baths
2,800
Sq. Ft.
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CALLING ALL INVESTORS! This unique property is currently a 101-year old bungalow with a detached garage with an apartment upstairs as well as a basement with a bedroom, bath and den as well as a 2/2 on the main floor HOWEVER - this property is a double lot and the greatest and best use would be to ...build 8-10 townhomes instead as there are townhomes across the street! Putting in 1500-1700. sf townhomes and selling them for $400-500K estimate would be over $2M AFTER expenses allowing $300K for knockdown and rezone! The lot is deeded as a double lot and would need to be rezoned from RS-50 or you can build a second duplex on the back property as well. LOTS of potential and can be built in stages and have a rental income while building on the back lot as well. Not located in an evacuation zone! ALSO a picnic shelter with brick barbque on the property as well. The existing structures have new plumbing, new electrical, new a/c heat pump, whole house water filtration, a newer metal roof and solar too!
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MLS#
TB8318534
Property Type
Duplex
Bedrooms
2
Bathrooms
Year Built
1923
Square Feet
2,800
sq. ft
Stories
1.0
Sewer
Public Sewer
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