Active

5208 N SUWANEE AVE

TAMPA FL, 33603

$899,999


$302.11 per sqft

Active

5 Beds

5 Baths

2,979 sqft

Residential

Built in 1914

CASH COW! 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 basement--one 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 already generating income, with one bringing in $1,200 per month and the other $1,350 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!

T3532202

MLS ID

June 7, 2024

Listed

June 16, 2024

Updated

Map

5208 N SUWANEE AVE
TAMPA FL, 33603

Interior Features

Total Stories

1


Bedrooms

5


Total Bathrooms

5


Full Bathrooms

5


Interior Features

Other


Appliances

Dishwasher, Microwave, Range, Range Hood, Refrigerator


Laundry Description

None


Floor Description

Wood


Fireplace

Yes


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Central

Exterior/Building Features

Lot Size

0.17 Acres


Exterior Features

Other


Architectual Style

Bungalow


Roof

Shingle


Sewer

Public Sewer

Other Property Details

Area Name

33603 - Tampa / Seminole Heights


Taxes

$2,331


Tax Frequency

Annually


Days on Market

9


Garage

No


View

No


County

Hillsborough


Municipality

29


Water Source

Public


Pool

No


Zoning

SH-RS


Buyer Agency Compensation

2.5%

Listed by FRANK ALBERT REALTY
Listing Contact: 813-546-2503 

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Data last updated 6/16/2024, 9:09 PM UTC

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