5604 Cherokee Avenue, TAMPA, FL 33604
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Priced at Only: $500,000
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Address: 5604 Cherokee Avenue, TAMPA, FL 33604
Property Location and Similar Properties
- MLS#: TB8398473 ( Residential Income )
- Street Address: 5604 Cherokee Avenue
- Viewed: 4
- Price: $500,000
- Price sqft: $0
- Waterfront: No
- Year Built: 1926
- Bldg sqft: 0
- Days On Market: 6
- Additional Information
- Geolocation: 27.9982 / -82.4545
- County: HILLSBOROUGH
- City: TAMPA
- Zipcode: 33604
- Subdivision: East Suwanee Heights
- Provided by: OLYMPUS EXECUTIVE REALTY INC
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DescriptionInvestor Special Duplex Potential in Prime Seminole Heights Location! Dont miss this rare opportunity to own a versatile income generating property in the heart of Old Seminole Heights. This charming 1926 home features a 2BD/2BA + Office main residence plus a private 1BD/1BA upstairs apartment with its own entryideal for house hacking, short term rental income, or multigenerational living. Major updates include a 2020 metal roof, 2022 upstairs AC, and new main home air handler, making this a low maintenance investment. The spacious 56x132 lot offers a fully fenced backyard, mature trees, and room for future additions or outdoor amenities. Rental Income Potential: Main House: $2,200$2,500/month Upstairs Apartment: $1,600$1,800/month Total Gross Rent: $3,800$4,300/month With an asking price of $500,000 and a conservative ARV of $700,000$750,000, this property offers strong cash flow today with big upside tomorrow. Zoned residential with no HOA and located minutes from popular restaurants, breweries, parks, and downtown Tampa. This is your chance to invest in one of Tampas most sought after and fastest appreciating neighborhoods. Live in one unit and rent the otheror rent both and maximize ROI.
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- Principal & Interest -
- Property Tax $
- Home Insurance $
- HOA Fees $
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Features
Building and Construction
- Covered Spaces: 0.00
- Exterior Features: Storage
- Living Area: 2526.00
- Roof: Shingle
Garage and Parking
- Garage Spaces: 0.00
- Open Parking Spaces: 0.00
Eco-Communities
- Water Source: Public
Utilities
- Carport Spaces: 0.00
- Cooling: Central Air
- Heating: Central
- Sewer: Public Sewer
- Utilities: Cable Available, Electricity Connected
Finance and Tax Information
- Home Owners Association Fee: 0.00
- Insurance Expense: 0.00
- Net Operating Income: 0.00
- Other Expense: 0.00
- Tax Year: 2024
Other Features
- Country: US
- Interior Features: Built-in Features, Ceiling Fans(s), Stone Counters, Thermostat
- Legal Description: EAST SUWANEE HEIGHTS LOT 4 BLOCK 21
- Area Major: 33604 - Tampa / Sulphur Springs
- Occupant Type: Vacant
- Parcel Number: A-36-28-18-4FW-000021-00004.0
- Possession: Close Of Escrow
- Zoning Code: SH-RS
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- Frank Filippelli, Broker,CDPE,CRS,REALTOR ®
- Southern Realty Ent. Inc.
- Mobile: 407.448.1042
- frank4074481042@gmail.com