1720 W Hills Ave., Tampa, FL 33606

Rare multifamily opportunity in Historic Hyde Park! Stunning, turnkey 4 unit boutique style apartments just steps from beautiful Bayshore Blvd. This diverse asset is currently leased offering investors steady income, future appreciation, and opportunity to own a tastefully restored building with NO FLOOD, NO HOA, and zoned for top rated schools in South Tampa. The property is located in one of the most desirable and highly sought-after locations with historically strong rental rates and occupancy. This turn of the century property was painstakingly restored in keeping the integrity of character while delivering a balance of Historic charm with modern finishes to its residents. The prior updates and improvements includes restored hard wood floors, washer/dryer and dishwasher in each unit, central HVAC, tankless on-demand gas water heaters, newer appliances, cabinetry, framing, electrical, flooring, paint and plumbing as well as individually metered gas for the new tankless hot-water heaters. In addition to all these high dollar improvements, the new owner will benefit from a BRAND NEW ROOF completed 9/2020 with a transferable warranty upon closing. Furthermore, the residents enjoy some of the best, modern and updated amenities, in each of the spacious 2bed/1bath units (averaging 793 sq ft each) can take advantage of the Florida bonus/2nd bedroom and/or private balcony. As a bonus, so rare to find a grand deep lot that can accommodate up to eight off-street parking spaces. This historic Hyde Park marvel is just minutes from major attractions- Hyde Park Village, Bayshore, Tampa’s SoHo District, University of Tampa, Downtown Tampa, TIA, Tampa General Hospital and so much more. Ideal value-add opportunity for new owner(s) to consider a mix of short term and long term rentals while capitalizing on current large scale development projects surrounding Tampa (Water Street Tampa) while future growth continues. Shown by appointment only. Schedule a showing today!