tomo logo

$489,000

Beds
3
Baths
2.0
sq ft
1,500

2906 W Chestnut St, Tampa, FL 33607

2906 W Chestnut St

TAMPA, FL 33607

  • 12 days on market
Beautiful DUPLEX renovated in 2021!!. This AMAZING PROPERTY has two units. One side is a one bathroom, one bath, kitchen, Dining room and fenced patio. The other unit is a two bedrooms, one bath, kitchen, living room and fenced patio. The entry is a shared front door which leads to two separated entrances. Unit A has a lease expiring 07/31/2025, rent income is $1,790. Unit B is a month to moth lease, with $1,725 monthly income. Rent can be increased $2,000 monthly. This is a great investment property in the West Tampa area or if you are still paying rent, this can be used as primary home to live in one unit and rent the other one. Each unit has separated electric meters. This bungalow style property is conveniently located near the University of Tampa, River Walk and all the new construction coming soon. This is a fantastic opportunity do do your dream reality!!!

Details

Property type

Est. home value

$332,554

Lot size

3,213 sq ft

Price per sq ft

$326

Year built

1926

Annual property taxes

$4,921

HOA

No

Price History

01/21/2025
StellarMLS

StellarMLS #S5119029

Listed
$489,000
+33.97%
06/13/2022
StellarMLS

StellarMLS #T3345184

Sold
$365,000
+135.48%
07/22/2019
StellarMLS

StellarMLS #U8044112

Sold
$155,000

Schools & Community

Neighborhood: 

Northeast Macfarlane

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$110,820
Asking price
$489,000
Closing costs (~8% of asking)
-$39,120
Est. remaining loan balance
-$339,060
Cash to seller
$110,820

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Sierra Pacific Mortgage Co Inc

Loan start date

June 2022

Original loan amount

$352,818

Est. remaining balance

$339,060

Interest rate

5.1%

Loan type

FHA, 30 year

Seller

Rossi L Albelo

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 02/02/2025 at 2:30 AM

Listing updated: 01/22/2025 at 2:21 PM

Listed by: Sonia Crespo Ballesteros, LPT REALTY Phone #: (877) 366-2213

MLS: StellarMLS #S5119029

StellarMLS logo

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