2703 N 9TH STREET, Tampa, FL 33605
- 5,212 sqft
Multi-Family Home
Built in 1927
7,841sqft lot
—— car garage
$133/sqft
Listed 9 days ago
Property Description
1927 Character 6-Unit Asset | Proven High Rents | Engineered Value-Add | Separate Meters This is not a “project.” This is a cash-flowing 1927 vintage asset with documented upside. Originally built in 1927, this six-unit apartment building blends historic charm with modern infrastructure upgrades and a clear, engineered path to increased value. In 2024, the property was struck by lightning — creating the opportunity to professionally upgrade and improve significant portions of the building. Income Profile (Pre-Strike Performance) • (4) Fully renovated 1BR units upstairs rented at $2,500/month each (fully furnished) • (2) Downstairs 1BR units rented at $1,400/month each • All units separately metered for electric AND water This asset has already demonstrated strong rental demand at premium rates. Improvements & Infrastructure All plumbing and electrical updated upstairs 75 percent of plumbing and electrical upgraded downstairs New rear staircase New side porch Separate electric meters Separate water meters The heavy lifting has been done. Engineered Upside Seller is providing: • Full engineering plans for remodel • Plans to convert lower units into (2) 2BR/2BA units • Contractor bid for completion This isn’t guesswork — it’s a mapped-out value-add strategy. Why This Is Compelling • Proven rental history • Premium furnished rents upstairs • Clear pathway to increased NOI • Metered utilities reduce landlord expense exposure • Historic character with modern systems For the right investor, this is a repositioning play with documentation, not speculation. The Big Picture Assets from the 1920s with separate meters, updated systems, and engineering in hand are rare. This property was well maintained prior to the 2024 event and presents a unique opportunity to complete an upgrade plan already in motion. If you understand forced appreciation, this one will make sense.
- Listing Status:
- Active
- Date Added:
- March 3, 2026
- Data Last Updated:
- March 12, 2026 at 1:23PM
- Listing Office:
- BOSS LADY REALTY LLC : 813-482-2215
- Listing Agent:
- Laura Spaulding : 813-482-2215
- MLS ID:
- TB8482060

- General: AsbestosCrawlspace
- Road/Access: City Street
- Originating MLS: Stellar MLS
- County: Hillsborough
- Zoning: YC-8BONNIEHAVEN LOT 6 BLOCK 4A-07-29-19-4V1-000004-00006.0
- Source: Stellar MLS
- Ownership: Corporation
This listing courtesy of Laura Spaulding , BOSS LADY REALTY LLC
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
Tampa Heights Elementary Magnet
305 E Columbus Dr, Tampa, FL, 33602
Grades KG-5
0.46 miles away
Orange Grove Middle Magnet School
3415 N 16th St, Tampa, FL, 33605
Grades 6-8
0.79 miles away
Hillsborough Virtual Franchise High School
2704 N Highland Ave, Tampa, FL, 33602
Grades KG-12
0.81 miles away
