5604 Cherokee Avenue, TAMPA, FL 33604
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  • MLS#: TB8398473 ( Residential Income )
  • Street Address: 5604 Cherokee Avenue
  • Viewed: 23
  • Price: $480,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1926
  • Bldg sqft: 0
  • Days On Market: 31
  • Additional Information
  • Geolocation: 27.9982 / -82.4545
  • County: HILLSBOROUGH
  • City: TAMPA
  • Zipcode: 33604
  • Subdivision: East Suwanee Heights
  • Provided by: OLYMPUS EXECUTIVE REALTY INC
  • Contact: Ada Provenzano
  • 407-469-0090
  • mfrmls
  • DMCA Notice
  • Description
    Investor 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.