1403 College Park Ln, Tampa, Florida 33612
- $450,000
Description
Excellent Investment Opportunity – Cash-Flowing Triplex in Tampa! 1403 College Park Lane, Tampa, FL 33612 Turnkey income producer in a highly convenient location! This triplex offers three separate units with strong rental demand and immediate cash flow: Unit A (Middle – 3 Bed / 1 Bath): Leased at $1, 900/month. Block construction with washer/dryer inside for added tenant appeal. Central AC. Unit B (Right – 1 Bed / 1 Bath): Leased at $1, 250/month. Frame construction. Window units AC Unit C (Left – Efficiency / 1 Bath): Leased at $1, 000/month. Frame construction. Window unit AC Total current monthly income: $4, 150 Investor Advantages: Association covers water, sewer, and trash (one water meter for the community) – significantly reducing operating expenses. Units are individually metered for electricity, so tenants pay their own power. Strong rental history with two units already leased and performing. Mix of unit sizes appeals to a wide tenant pool (students, professionals, and small families). Prime Location – Just minutes from the University of South Florida (USF), major shopping, dining, public transportation, and easy access to I-275. This pocket offers consistent demand from USF affiliates, medical professionals, and local workers. Whether you’re looking for a turnkey addition to your portfolio or a solid value-add property with upside potential through minor updates, this triplex delivers reliable income in a proven Tampa rental market. Serious investors – schedule your showing today and secure this performing asset before it’s gone! Perfect for 1031 exchanges or portfolio expansion in the Tampa Bay area.
Details
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Property ID TB8466971
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Price $450,000
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Land Area 0.25 Acres
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Bedrooms 4
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Bathrooms 3
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Year Built 1965
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Property Type Triplex, Residential Income
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Property Status Active
Additional details
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Listing Terms Cash, Conventional
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Association Fee 273
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Roof Shingle
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Utilities Cable Available, Cable Connected, Electricity Available, Electricity Connected, Public, Water Connected
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Sewer Public Sewer
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Cooling Wall/Window Unit(s)
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Heating Ductless
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County Hillsborough
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Property Type Residential Income
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Elementary School Miles-HB
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Middle School Liberty-HB
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High School Freedom-HB
Address
Open on Google Maps-
Address: 1403 COLLEGE PARK LANE
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City: Tampa
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State/county: FL
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Zip/Postal Code: 33612
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Country: US
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What's Nearby?
- Active Life
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Active Medical Supply (0.95 mi)
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Pro-Active Physical Therapy (1.67 mi)
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Active Maintenance (2.69 mi)
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Active Family Chiropractic (10.59 mi)
- Restaurants
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Steak ’n Shake (0.05 mi)
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Taco Alvarez (0.58 mi)
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La Cubana food (1.1 mi)
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Island Vibes Cuisine (0.02 mi)