5901 GIBSON AVE Tampa, FL 33617
12 Beds
12 Baths
1,287 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,287 sqft
Price per Sqft $1,515
Subdivision Unplatted
MLS Listing ID TB8528329
Bedrooms 12
HOA Y/N No
Year Built 1973
Annual Tax Amount $17,756
Lot Size 0.850 Acres
Acres 0.85
Lot Dimensions 143x260
Property Sub-Type Duplex
Source Stellar MLS
Property Description
The property features twelve spacious 1 bed 1 bath apartments, each offering approximately 645 square feet with large living areas, central air conditioning, durable tile flooring, and individually metered electric service, allowing tenants to pay their own electricity. Units have been updated as they become available, and the one current vacancy is freshly updated and move-in ready, providing immediate leasing upside for the next owner.
Investors will appreciate the property's low operating expenses, including a private well and two septic systems, eliminating municipal water and sewer costs. Situated on approximately 0.85 acres with RMC-20 zoning, the property also offers future redevelopment potential, subject to buyer verification and county approval. With 11 of 12 units currently occupied, strong in-place income, recent capital improvements, and an exceptional location serving university students, healthcare professionals, and the local workforce, Campus Gardens is a turnkey investment opportunity in one of Tampa's strongest rental markets.
Location
State FL
County Hillsborough
Community Unplatted
Area 33617 - Tampa / Temple Terrace
Zoning RMC-20
Interior
Interior Features Kitchen/Family Room Combo, Other, Thermostat
Heating Central
Cooling Central Air
Fireplace false
Laundry None
Exterior
Exterior Feature Courtyard, Lighting, Other
Utilities Available Cable Connected, Electricity Connected, Private
Water Access No
Roof Type Shingle
Garage false
Private Pool No
Building
Foundation Slab
Lot Size Range 1/2 to less than 1
Sewer Septic Tank
Water Well
Structure Type Block,Brick
New Construction false
Schools
Elementary Schools Lewis-Hb
Middle Schools Greco-Hb
High Schools King-Hb
Others
Pets Allowed Yes
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8528329
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