4016 W NASSAU ST
4, 2, 2,156ft²
MLS#: TB8451091
Investor’s Dream Near Raymond James Stadium!
Discover this versatile income-producing property in Tampa, just minutes from Raymond James Stadium and Steinbrenner Field. Originally a 3-bedroom, 2-bath home, this property has been thoughtfully converted into two studio apartments, one 1-bedroom apartment, and a main living space with 2 Bedrooms and 1 bath.
Current NOI is $36k with a 6.5% Cap Rate, and units are on month-to-month leases at below-market rates. With a Potential Gross Income (PGI) of $64K annually based on current rental market valuation, the property offers a potential of 11.5% Cap Rate.
Updated roof (2021) + solar panels for energy efficiency.
Prime location – close to highways, shopping, dining, and major attractions.
Spacious parking for tenants and guests.
Endless potential for short-term or long-term rentals.
With a motivated seller and multiple income streams, this property is a true investor’s gem in one of Tampa’s hottest rental markets.
Driving directions : From Columbus Driver go North on N Glen Ave North to corner of Glen and W Abdella St
| Rooms | Dimension | Description |
|---|---|---|
| Primary Bedroom | First level | |
| Primary Bathroom | First level | |
| Kitchen | First level | |
| Bedroom 1 | First level | |
| Bedroom 2 | First level | |
| Living Room | First level | |
| Laundry | First level | |
| Dinette | First level |
4, 2, 2,156ft²
MLS#: TB8451091
3, 3, 2,192ft²
MLS#: TB8452952
3, 2, 1,588ft²
MLS#: TB8451527
2, 2, 1,351ft²
MLS#: TB8448602