BEDS7
BATHS3 full
SQUARE FEET2,970
MLS#TB8551830
STATUSActive
PROPERTY TYPEResidential - Single Family
SUBDIVISIONMAC FARLANE PARK
Property Description
Investor opportunity in West Tampa. This 7-bedroom, 3-bath single-family home offers approximately 2,970 square feet and is currently operated as a by-the-bed rental property.The property is presently generating approximately $4,200 per month in gross rental income, with four additional beds currently vacant. Based on the existing rental structure, the vacant beds provide the potential for approximately $1,500 per month in additional gross income, bringing potential gross rental income to approximately $5,700 per month, or $68,400 annually. Current utility expenses average approximately $800 per month.The high-bedroom-count layout provides an established income-producing setup with additional occupancy upside for an investor looking to expand existing cash flow. Conveniently located in West Tampa with access to I-275, Downtown Tampa, Tampa International Airport, the Westshore business district, shopping, dining and major employment centers.
Property Features
Property Type: Residential - Single Family
Cooling: Central Air
Heating: Electric
Lot Size: 0.14 Acres
Roof Type: Shingle
Taxes: $8,091
Year Built: 1930
Amenities
Ceiling Fans(s)
Rain Gutters
Feature Descriptions
Appliances: Microwave, Range, Refrigerator
Directions: North on Dale Mabry, Right on W. Spruce St., Right on N. Gomez Ave., Right on W. Chestnut St., house on corner
Exterior: Vinyl Siding
Flood Zone Code: X
Flooring: Luxury Vinyl
Foundation: Slab
Home Warranty Y/N: No
Listing Terms: Cash, Conventional, FHA, USDA Loan, VA Loan
Lot Dimensions: 0.14
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Single Family Residence
Sewer: Public Sewer
Showing Instructions: Lock Box Electronic
Special Sale Provisions: None
Utilities: Electricity Connected, Sewer Connected, Water Connected
Water: Public
Water Access Y/N: No
Zoning: RS-50
Room Sizes
Primary Bedroom: 15x16
Additional Bedroom: 14x14
Additional Bedroom: 14x15
Living Room: 30x15
Listed By / Shown By
Listed By
Agency Name: DIGI REALTY GROUP, INC.
Agency Contact: 610-348-9717
Shown By
Agent Name: Emily Lynch
Agent Phone: (813) 810-4465
Agency Title: Florida Executive Realty
Estimate Your Payment
Estimated Payment
$ 2,121.66 per month $1,279.70 Principal & Interest $674.25 Property Tax $167.71 Homeowner's Insurance
3001 W Chestnut Street | MLS# TB8551830
This single family home located at 3001 W Chestnut Street , Tampa, FL 33607 is currently listed for sale with an asking price of $575,000. This property was built in 1930 and has 7 bedrooms and 3 full baths with 2970 sq. ft. W Chestnut Street is located in the MAC FARLANE PARK subdivision. Search MAC FARLANE PARK real estate on elynch.floridaexecutiverealty.com today.