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5208 N Suwanee Avenue

Tampa, FL 33603
  • $865,000
  • STATUS: Active
  • ON SITE: 159 Days
  • MLS #: T3532202
Price Reduced
UPDATED: 12 min ago
$865,000
  • 5
    BEDS
  • 0.17
    ACRES
  • 5
    BATHS
  • 0
    1/2 BATHS
  • 2,979
    SQFT
  • $290
    $/SQFT
Type:
Single-Family Home
Built:
1914
County:

School Ratings & Info

Description

CASH COW! Fully vacant and ready to hand select your tenants! Discover a truly unique investment opportunity in the heart of Seminole Heights! Don't pay for your home, let your home pay for you! This charming 2-bedroom, 2-bathroom home spans 1,254 square feet and is brimming with character, having stood the test of time for over 100 years. Enjoy mornings on the expansive front porch, complete with a cozy porch swing. Inside, you'll find original hardwood floors, an oversized fireplace, two separate living areas, and a spacious dining room featuring a historic built-in hutch. The fully remodeled kitchen is a chef's dream, boasting top-of-the-line stainless steel appliances, including a gas range, quartz countertops, a pot filler, and stunning stained glass windows. What truly sets this property apart is the fully finished 669-square-foot studio apartment in the basementone of the very few homes in Tampa with this feature! Whether you choose to rent it out to help cover your mortgage or use it as an in-law suite, this basement apartment offers incredible flexibility. But that's not all! The property also includes a detached duplex apartment building in the back, featuring two 1-bedroom, 1-bathroom units, each over 500 square feet. These units are ready to rent at $1,200 per month $1,500 per month, $1,600 per month, and $2,800 per month! providing a significant boost to your mortgage payments. The main home has seen numerous upgrades, including new plumbing in 2006 and a new main water line in 2008, new electric in 2006, a new roof in 2016, and restored original wood windows by a master carpenter in 2009. The duplex has also been well-maintained, with foundation work completed in 2005, a brand new roof over the duplex in May of 2024 the upstairs unit remodeled in 2020, central air and heat installed in 2022, and the downstairs unit remodeled in 2016. This property is a rare gem in a vibrant neighborhood, offering both historical charm and modern amenities. Don't miss your chance to own a piece of Seminole Heights with incredible income potential! Home has also recently been tented and comes with a fully transferable warranty!

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© 2024 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2024-11-14T06:46:01.473.
www.nacarirealtorgroup.com/homes/151426602
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5208 N Suwanee Avenue Tampa, FL 33603

  • Price: $865,000
  • Status: Active
  • On Site: 159 Days
  • Updated: 12 min ago
  • MLS #: T3532202
5
Beds
5
Baths
0
½ Baths
0.17
Acres
2,979
SQFT
$290
$/SQFT
1914
Built
Neighborhood:
Seminole Heights Of North Tamp
County:
Hillsborough
Area:
Tampa / Seminole Heights
Property Description
CASH COW! Fully vacant and ready to hand select your tenants! Discover a truly unique investment opportunity in the heart of Seminole Heights! Don't pay for your home, let your home pay for you! This charming 2-bedroom, 2-bathroom home spans 1,254 square feet and is brimming with character, having stood the test of time for over 100 years. Enjoy mornings on the expansive front porch, complete with a cozy porch swing. Inside, you'll find original hardwood floors, an oversized fireplace, two separate living areas, and a spacious dining room featuring a historic built-in hutch. The fully remodeled kitchen is a chef's dream, boasting top-of-the-line stainless steel appliances, including a gas range, quartz countertops, a pot filler, and stunning stained glass windows. What truly sets this property apart is the fully finished 669-square-foot studio apartment in the basementone of the very few homes in Tampa with this feature! Whether you choose to rent it out to help cover your mortgage or use it as an in-law suite, this basement apartment offers incredible flexibility. But that's not all! The property also includes a detached duplex apartment building in the back, featuring two 1-bedroom, 1-bathroom units, each over 500 square feet. These units are ready to rent at $1,200 per month $1,500 per month, $1,600 per month, and $2,800 per month! providing a significant boost to your mortgage payments. The main home has seen numerous upgrades, including new plumbing in 2006 and a new main water line in 2008, new electric in 2006, a new roof in 2016, and restored original wood windows by a master carpenter in 2009. The duplex has also been well-maintained, with foundation work completed in 2005, a brand new roof over the duplex in May of 2024 the upstairs unit remodeled in 2020, central air and heat installed in 2022, and the downstairs unit remodeled in 2016. This property is a rare gem in a vibrant neighborhood, offering both historical charm and modern amenities. Don't miss your chance to own a piece of Seminole Heights with incredible income potential! Home has also recently been tented and comes with a fully transferable warranty!
Exterior Features

Architectural Style Bungalow Carport Spaces 1 Carport Yn Yes Construction Materials Wood Frame Covered Spaces 1 Direction Faces East Exterior Features Other Foundation Details Slab Lot Size Dimensions 56 x 132 Other Structures Additional Single Family HomeGuest House Pool Private Yn No Road Surface Type Paved Roof Shingle Water Access Yn No Water Extras Yn No Water View Yn No Waterfront Feet Total 0 Waterfront Yn No

Interior Features

Additional Rooms Interior In-Law Suite w/Private Entry Appliances DishwasherMicrowaveRangeRange HoodRefrigerator Basement Finished Building Area Total 2979 Cooling Central Air Cooling YN Yes Fireplace Yn Yes Flooring Hardwood Heating Central Heating YN Yes Interior Features Other Laundry Features None Levels Multi/Split Sewer Public Sewer Stories Total 1 Water Source Public

Property Features

Association Yn No Cdd Yn No Down Payment Resource No Flood Zone Code x Garage Yn No Homestead Yn No Lease Considered YN Yes Lease Restrictions YN No Listing Terms CashConventionalFHAVA Loan Minimum Lease No Minimum Month To Month Or Weekly Yn No New Construction Yn No Ownership Fee Simple Pets Allowed Yes Property Sub Type Single Family Residence Senior Community Yn No Special Listing Conditions None Tax Annual Amount 2331.05 Total Annual Fees 0 Total Monthly Fees 0 Utilities Other Zoning SH-RS


Listing information © 2024 My Florida Regional MLS DBA Stellar MLS..
Listing provided courtesy of FRANK ALBERT REALTY: 813-546-2503.



© 2024 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2024-11-14T06:46:01.473.
 
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