$899,999
5208 N SUWANEE AVE, TAMPA, 33603
5208 N SUWANEE AVE
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!
Listing Courtesy of
FRANK ALBERT REALTY
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Details
Status
- Active
Area
- SEMINOLE HEIGHTS OF NORTH TAMP
Total Monthly Fees
- None
Construction Materials
- [Wood Frame]
Flooring
- [Wood]
Cooling
- [Central Air]
Exterior Features
- [Other]
Heating
- [Central]
Interior Features
- [Other]
Additional Rooms
- Interior In-Law Suite w/Private Entry
Laundry Features
- [None]
Pets
- [Yes]
Utilities
- [Other]
Water Source
- [Public]
Pet Information
- Pets Allowed[Yes]
Lease Information
- Available For LeaseYes
- Minimun LeaseNo Minimum
Location
- CityTAMPA
- CountyHillsborough
- Major AreaTampa / Seminole Heights
- Minor AreaSEMINOLE HEIGHTS OF NORTH TAMP
- Zip Code33603-2107
Construction
- Foundation Details[Slab]
- Levels[Multi/Split]
- Living Area2,979 Square Feet
- Lot Acres0.17
- Lot Square Feet7,392
- Property TypeSingle Family Residence
- Roof[Shingle]
- Sewer[Public Sewer]
- Year Built1914
- ZoningSH-RS
Rooms
- Total Bedrooms5
- Full Bathrooms5
- Total Bathrooms5
- Room Count3
Features
- CarportYes
- FireplaceYes
Location
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