Here is a rare opportunity to acquire a single-family home located in the heart of Tampa for less than $100,000. With fewer than ten on-market home sales within the last year having sold for under $100,000, opportunities like this are hard to come by. Situated on a corner lot, this property is five minutes from historic Ybor City and a quick ten-minute drive to downtown. 

Despite property records reflecting one bedroom, this home has two bedrooms and one bathroom. This property needs a full cosmetic rehab, including a new roof, A/C, and interior work. Updated homes of a similar style and year-built have sold for $240,000 – $260,000 as recently as just last week — several within a few days. We remained conservative with a projected ARV of $219,000. Furthermore, this opportunity exceeds the coveted 1% rule. Market rent for two-bedroom homes in this neighborhood is around $1,600 – $1,750 per month as supported by our listed comps. Properties at this price point don’t last long. Call your EquityPro Advisor today for more information.