Charming Historic Bungalow in Tampa, FL - Prime Investment Opportunity! 🏡

Hillsborough County, Tampa, FL, 33605
Sold
Listed at: August 30th, 2024
Price
$170,000
ARV
$245,000
Gross Margin
$75,000
Sq. Footage
892
Type
Single-Family
Parking
Unassigned
Year build
1923
Lot size
0.05 acres
Bedrooms
2
Bathrooms
1
Half Bathrooms
0
Summary

Charming Historic Bungalow in Tampa, FL - Prime Investment Opportunity! 🏡

Property Details:

  • Type: Single Family Home
  • Bedrooms: 2
  • Bathrooms: 1
  • Livable Area: 892 sqft (per tax records)
  • Lot Size: 2,320 sqft
  • Year Built: 1923 (Wood Frame)
  • Asking Price: $170,000
  • EMD: $5,000
  • ARV (After Repair Value): $245,000

Condition:

  • Roof: Metal roof, appears to be in good condition per seller
  • HVAC: Needs replacement
  • AC Units: Operable

Link to Photos:

Property Photos

Comps:

  • 2922 N Ybor St: Sold for $275k on 7/24 (Almost Remodeled, Wood Frame)
    • Beds/Baths: 3/1
    • Size: 1,015 sqft
    • Year Built: 1925
  • 2711 E 15th Ave: Sold for $250.7k on 8/24 (Fairly Updated, Wood Frame)
    • Beds/Baths: 3/1
    • Size: 768 sqft
    • Year Built: 1920

Investment Potential:

This historic bungalow, combined with the adjacent lot, offers an excellent investment opportunity in a rapidly appreciating area of Tampa. With its ARV of $245,000 and a competitive asking price, this property presents a strong potential for renovation and resale or long-term rental income.

Additional Notes:

  • The property comes with a small lot next door at 2805 N 21st St, Tampa, FL 33605.
  • The metal roof is reportedly in good condition, and the house has functional AC units.
  • Replacement of the HVAC system is necessary.

Contact Us:

For more information or to schedule a viewing, please contact us at:

📞 Phone: 813-544-4909


Disclaimer:

All information provided is deemed reliable but is not guaranteed and should be independently verified. The ARV, asking price, and condition of the property are estimates based on available data and comparable sales and are subject to change. Buyers should conduct their own due diligence, including verifying property details, condition, and potential repair costs. The seller and their representatives make no warranties or guarantees regarding the accuracy of the information or the property's condition.

Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Helena Wu

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