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Property Description
* * INVESTMENT OPPORTUNITY IN TAMPA! * * Welcome to 2801 Burts Ave, a versatile * * two-unit multifamily property * * offering rental income potential, flexible living arrangements, and plenty of outdoor space. The property features * * two separate residential units under one roof, both remodeled in 2023 * * .
The larger * * 3-bedroom, 2-bath Unit A is currently vacant and move-in ready * * , featuring fresh interior paint, updated flooring, spacious bedrooms, and an open living area. Enjoy the Florida lifestyle from the screened-in lanai overlooking the expansive backyard and private in-ground pool.
The separate * * 2-bedroom, 1.5-bath Unit B is tenant occupied * * , providing immediate rental income. This flexible two-unit configuration is ideal for an owner-occupant who wants to live in the larger unit while generating income from the second, a multigenerational living arrangement, or an investor seeking an income-producing property.
Additional highlights include a spacious backyard, private in-ground pool, screened outdoor living area, and * * NO FLOOD ZONE * * . Conveniently located near downtown Tampa, restaurants, shopping, entertainment, and major roadways.
* * Both units were remodeled in 2023, and the vacant unit is ready for its next owner or tenant. * * Don't miss this unique Tampa multifamily opportunity!
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Assumptions and Disclosures
- Interest rates and APRs presented are based on current market rates, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables - call for details.
- This is not a credit decision or a commitment to lend.
- Depending on loan guidelines, mortgage insurance may be required
- If mortgage insurance is required, the mortgage insurance premium could increase the APR and the monthly mortgage payment. Additional loan programs may be available.
- APR (annual percentage rate) reflects the effective cost of your loan on a yearly basis, taking into account such items as interest, most closing costs, discount points (also referred to as "points"), and loan-origination fees. One point is 1% of the mortgage amount (e.g., $1,000 on a $100,000 loan).
- Your monthly payment is not based on APR, but instead on the interest rate on your Note.
- Adjustable Rate Mortgage (ARM) rates assume no increase in the financial index after the initial fixed period. ARM rates and monthly payments are subject to increase after the fixed period.
- These special rates presented here are only available when you pre-qualify and are not guaranteed until lock-in.
- Amounts may be rounded up. Additional fees and closing costs apply. If the down payment is less than 20%, mortgage insurance may be needed, which could increase the monthly payment and APR.
- Calculations are generated by Open Source mortgage calculation software tools using common mathematical formulas. All calculations should be independently verified.
- Please contact a loan specialist to get specific payment examples and information regarding your particular needs.
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