3416 N 15TH STREET

Great Real Estate investment opportunity in Tampa for a Multi Family developement including a commercial building, two bungalows rentals and a vacant lot across the street. You can run your own business in the main building while cash flowing the rentals. Large parking in the rear with 4 covered parking spots for employees and tenants and one parcel across the street for added parking or add a small out building for storage. . This 4356 sq. ft. building has a vey large Auditorium with stage (34x45), two large office areas (18x28), two smaller offices (9x20), and two upstairs offices (unfinished 18x12) with other storage areas. There are 5 entry doors giving access to the building. The bottom floor can be subdivided with the option to sub lease parts of the building and create more cash flow. There are two bungalows, Bungalow # 1 is 1092 sq. ft., Bungalow # 2 is 1353 sq. ft. Both bungalows are 3/2 and cash flow at $1500 each unit on a month to month lease. These rents can be increased to market rates to $ 2000 to $ 2500. This complex is close to downtown Ybor city business district & night life, downtown Tampa, HCC college campus and 2 minutes from I-275. This special corner complex has a solid rental history and income stream. This property is a perfect investment creating cash flow while waiting on the re-zoning process be completed. These 4 parcels have the potential to be rezoned PD for a multi- family complex. All four parcels total 33,430 sf. Buyer must submit a pre- submittal application to city of Tampa for review and then go through the rezoning process. All due diligence must be done by the buyer, seller is not guarenteeing rezoning.