Tampa, FL 33607,2524 CHERRY ST

$555,000

$574,999

3.5%
Est.Price: ?

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Est. payment /mo

1,356 SqFt


SOLD DATE : 01/13/2025

Key Details

Sold Price $555,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Square Footage 1,356 sqft

Price per Sqft $409

Subdivision Mac Farlanes Rev Map Of Add

MLS Listing ID TB8302036

Sold Date 01/13/25

HOA Y/N No

Originating Board Stellar MLS

Year Built 1913

Annual Tax Amount $3,906

Lot Size 3,920 Sqft

Acres 0.09

Lot Dimensions 42x98

Property Description

This property presents an exceptional investment opportunity in the historic Old West Tampa area, conveniently located near West Tampa Elementary and McFarlane Park. Boasting 100% occupancy with long-term tenants, this classic bungalow features two 3-bedroom, 2-bathroom units, each renting for $2400. The units are mirror images of each other with a 'shotgun' layout, and have been meticulously maintained and upgraded with new flooring, remodeled kitchens with new appliances, upgraded electrical and plumbing systems, and new siding. Each unit also offers central HVAC, separate electric meters, and a shared water meter. Additional amenities include a covered front porch, front and rear entry doors, a private driveway with rear parking, and curbside parking. This versatile property is ideal for investors seeking consistent rental income, homeowners looking to live in one unit and rent the other, or those interested in operating an Airbnb.

Location

State FL

County Hillsborough

Community Mac Farlanes Rev Map Of Add

Zoning RM-16

Interior

Interior Features Kitchen/Family Room Combo, Primary Bedroom Main Floor

Heating Electric

Cooling Central Air

Fireplace false

Laundry Laundry Closet

Exterior

Exterior Feature Private Mailbox, Sidewalk

Utilities Available Electricity Connected

Roof Type Metal

Garage false

Private Pool No

Building

Foundation Crawlspace

Lot Size Range 0 to less than 1/4

Sewer Public Sewer

Water Public

Structure Type Wood Frame

New Construction false

Others

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Special Listing Condition None

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Stellar MLS
Listed by KELLER WILLIAMS SOUTH TAMPA
Bought with KELLER WILLIAMS REALTY SMART
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