3902 Yukon StTampa, FL 33604

Property Details for 3902 Yukon St

Year built

2003

Property size (Sq ft)

3,552 SF

Property type

Residential income properties

Property subtype

Multifamily properties

Description

This stabilized, three-unit apartment building in Tampa, Florida presents a compelling investment opportunity. The property, located at 3902 E Yukon St, is a two-story, concrete construction building with a shingle roof, built in 2003 and featuring 3,552 square feet of total building area and 3,243 square feet of net rentable space. Currently boasting 100% occupancy, the property generates a gross annual income of $56,400, with annual expenses totaling $17,113, resulting in a net operating income (NOI) of $39,287. Recent improvements include interior and exterior painting (2023), and the replacement of two to three HVAC units between 2022 and 2023. Appliances have been updated within the last two and a half years. Each unit includes 8 parking spaces. The property sits on a 7,724 square foot lot (61.6 x 126 feet) and is zoned RM-24, located in Flood Zone X. Annual property taxes are $8,779. Detailed financial information is available upon request with a signed Non-Disclosure Agreement. The property is offered as a fee simple ownership and is suitable for a 1031 exchange.

Location Insight

City

Tampa

County

Hillsborough

State

Florida

Latitude

28.0286

Longitude

-82.4173

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