4904 E RIVER HILLS DR Active

Tampa,FL 33617

$ 650000

5 Beds

3 Baths

2058 SqFt


Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,058 sqft

Price per Sqft $315

Subdivision River Oaks Condo I

MLS Listing ID TB8362055

Bedrooms 5

Full Baths 3

Year Built 1955

Annual Tax Amount $3,233

Lot Size 0.350 Acres

Property Sub-Type Single Family Residence

Property Description

Investment opportunity of a lifetime! It's akin to acquiring two homes and an efficiency for the price of one. Welcome to this prime location residence situated just across the street from the Hillsborough River. The main house boasts 3 beds and one bath, with numerous updates throughout, and a backyard featuring a study deck amidst a beautifully landscaped setting. The upstairs area, spanning 900 square feet, contains a one-bedroom, one-bathroom residence, complete with a full kitchen, walk-in closet, and a screened porch, affording a charming view of the surrounding oak trees and a glimpse of the river situated across the street. This space is presently being utilized as a short-term rental, providing the property owner with a substantial income stream. Furthermore, an efficiency suite, consisting of one bedroom and one bathroom, is located at the rear of the property and features a private entrance, also serving as a short-term rental. Both units generate significant passive income. Recent upgrades include a new roof installed in 2019 and the replacement of both air conditioning units in 2024. And a brand new well could save the new owner thousands on water bills. This distinctive property offers in-main-house living alongside dual income streams from short-term rentals, with proximity to Busch Gardens, Hard Rock Casino, USF, and downtown. Make your appointment today!

Location

State FL

County Hillsborough

Community River Oaks Condo I

Area 33617 - Tampa / Temple Terrace

Zoning RS-75

Rooms

Other Rooms Formal Dining Room Separate,Formal Living Room Separate

Interior

Heating Central

Cooling Central Air

Flooring Carpet,Vinyl,Wood

Laundry Laundry Room

Exterior

Exterior Feature Lighting

Parking Features Driveway

Fence Fenced

Utilities Available BB/HS Internet Available,Cable Available,Electricity Connected

Roof Type Shingle

Building

Lot Description City Limits,Oversized Lot,Paved

Foundation Crawlspace

Sewer Septic Tank

Water Private,Well

Structure Type Frame

New Construction false

Others

Acceptable Financing Cash,Conventional,FHA,Other

Listing Terms Cash,Conventional,FHA,Other

Special Listing Condition None

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