tomo logo

$899,999

Beds
5
Baths
5.0
sq ft
2,979

5208 N Suwanee Ave, Tampa, FL 33603

5208 N Suwanee Ave

TAMPA, FL 33603

  • 26 days on market
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!

Details

Property type

Single Family Residence

Lot size

7,392 sq ft

Price per sq ft

$303

Year built

1914

Annual property taxes

$2,331.05

Price History

06/07/2024
StellarMLS

StellarMLS #T3532202

Listed
$899,999
+260.14%
01/12/2005
StellarMLS

StellarMLS #T2074325

Sold
$249,900

Schools & Community

Neighborhood: 

South Seminole Heights

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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Status: Active

Tomo last checked: 07/03/2024 at 10:00 AM

Listing updated: 06/16/2024 at 2:09 PM

Listed by: Frank Albert, FRANK ALBERT REALTY Phone #: (813) 546-2503

MLS: StellarMLS #T3532202

StellarMLS logo

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