9801 NEW YORK, GIBSONTON, FL 33534

Description

Great money making multi unit residential income location. Just off of US 41 with super access to Tampa, Brandon, Ruskin, etc. Located with peaceful and wide water views of the the beautiful Alafia River yet no issues whatsoever with the storms of 2024. Nearby access to small and large boat dockage, wharfage, Freedom Boat Club, EZ boat access to Tampa Bay and the Gulf, etc. Listed property consists of 2 adjoining parcels (1.24 mol acs) fronting on New York Street and also on Ohio Avenue with all improvements included in sale. Includes single story 3 bedroom masonry home with 1173 heated square feet. 7 well maintained mobile homes all generating income and space for an additional unit if desired. 1 additional space for an RV is likewise generating $$$’s. Current rents are below market. Significant upside potential exists. Very stable tenant base with constant full occupancy. Additional adjoining properties available. Seller financing may be considered at terms including $600k down at 7% to be negotiated. Coupled with location, it should be noted that Hillsborough County is currently converting area from septic to sewer opening the door to potential area redevelopment. Current RSC-9 and PD Zonings. With other adjoining properties potentially available, this site is a natural.