2306 N Morgan Street Tampa, FL 33602

Single Family Attached MLS #: TB8445667 Courtesy Of Serralles Group, Inc

Property InformationDescription

Located in the highly desirable Tampa Heights submarket,2306 Morgan Street consists of two multifamily buildings totaling 7 units across 4,315 square feet. The front triplex, built in 1902,and the rear quadplex, built in 1926, together create a diverse unit mix: 2 studios (343 SF each), one 1-bedroom/1-bathroom units (735 SF each). unit (682 SF), and four 2-bedroom/1-bathroom from recent improvements, including a new roof within the past 2-3 years and upgraded capital expenditures. With a blend of historic character and recent updates, the asset neighborhoods presents a unique opportunity for investors targeting value-add potential in one of Tampa's fastest-growing Value-Add Opportunities adjustments Optimize Rents: to market Several levels. Long-term tenants are paying below-market rents, creating immediate upside through Utility Bill-Backs: Implementing water bill-back systems provides a straightforward way to improve net operating income. Redevelopment Potential. Has been freshly painted inside and out, offering strong curb appeal and a low-maintenance setup for any investor looking for steady cash flow. Positioned minutes from some of Tampa s most vibrant attractions, residents enjoy easy access to Ybor City s historic nightlife, Downtown Tampa s Riverwalk, Armature Works, and the Tampa Heights food and entertainment district. With consistent occupancy, recent updates, and a prime location near all the city s key amenities, 2306 Morgan stands out as an exceptional opportunity to own a turn-key multifamily asset in one of Tampa s most in-demand rental corridors.

Features

  • Age: Over 50 Years Old
  • Architecture Style: Other
  • Building Units: 7
  • Cooling System: Window Unit(s)
  • Cooling System: Multi Units
  • Cooling System: Wall/Window Unit(s)
  • Exterior Type: Stucco
  • Exterior Type: Wood Siding
  • Floor Covering: Linoleum
  • Floor Covering: Carpet
  • Heating System: Ductless (Heating)
  • Legal Description: GROVE HEIGHTS LOT 4 BLOCK 5
  • MLSID: TB8445667

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2306 N Morgan Street, Tampa, FL 33602
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