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2306 N MORGAN ST Tampa, FL 33602
UPDATED:
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,372 sqft
Price per Sqft $2,186
Subdivision Grove Heights
MLS Listing ID TB8444805
Construction Status Completed
HOA Y/N No
Year Built 1902
Annual Tax Amount $4,924
Lot Size 6,098 Sqft
Acres 0.14
Lot Dimensions 240X100
Property Sub-Type Multi Family
Source Stellar MLS
Property Description
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: The lot at 2308 Morgan Street is zoned RM-24, allowing future investors the flexibility to redevelop both parcels into higher-density multifamily or modern townhomes. Has been freshly painted inside and out, offering strong curb appeal and a low-maintenance setup for any investor looking for steady cash flow. The property also includes a separate lot designated for tenant parking, adding convenience and long-term value. 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.
Location
State FL
County Hillsborough
Community Grove Heights
Area 33602 - Tampa
Zoning RM-24
Interior
Heating Central
Cooling Central Air
Flooring Carpet
Exterior
Utilities Available Electricity Available
Roof Type Shingle
Building
Foundation Crawlspace, Slab
Lot Size Range 1/4 to less than 1/2
Sewer Public Sewer
Water Public
Structure Type Stucco,Frame,Wood Siding
New Construction false
Construction Status Completed
Others
Ownership Corporation
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Special Listing Condition None
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