Active

$449,000

Features:
  • 6 Bedrooms
  • 4 Bathrooms
  • 1726 sq ft
Overview
  • ID: MFRTB8529405
  • Bedrooms: 6
  • Bathrooms: 4
  • Size: 1726 sq ft
Property Details
Remarks
This exceptional income-producing duplex at 1514 E North Bay Street, Tampa, FL 33610 presents an outstanding investment opportunity with immediate cash flow and strong upside. Built in 1934, this well-maintained property features two separate 3-bedroom, 2-bathroom units totaling 1,726 heated square feet on a 6,250-square-foot lot, with each unit offering comfortable living spaces and strong rental appeal. The property was recently occupied with Unit 1 rented for $2,000/month and Unit 2 rented for $2,400/month, both on month-to-month leases, generating a combined gross annual rental income of $52,800. Recent improvements include the front A/C unit replaced in 2022, back A/C unit replaced in 2024, a fully remodeled kitchen in 2022, and new flooring installed in 2022, providing peace of mind for investors. Each residence has its own water meter, while electric service is shared. Conveniently located just minutes from Downtown Tampa, Ybor City, Armature Works, Tampa Riverwalk, major hospitals, shopping, dining, entertainment, I-275, and I-4, this property offers tenants exceptional accessibility and convenience. Whether you're expanding your investment portfolio or seeking a turnkey duplex with stable rental income, this property is an excellent opportunity. Property is being sold strictly AS-IS. Realtor has an ownership interest in the property.
Financial Considerations
Price:
$449,000
HOA Fee:
N/A
Tax Amount:
$4198.63
Price per SqFt:
$260.14
Tax Legal Description:
BONITA LOT 15 BLOCK 12
Exterior Features
Lot Size:
6250
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
Driveway
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
6
Bathrooms:
4
Heating:
Central
Cooling:
Central Air
Appliances:
N/A
Furnished:
Yes
Floor:
N/A
Levels:
One
Additional Features
Property Sub Type:
Duplex
Style:
N/A
Year Built:
1934
Construction Type:
Stucco
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
Fence
Additional Features 2:
N/A
Map
  • Address
    1514 E NORTH BAY ST
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