3001 W Chestnut Street, Tampa, FL 33607
- $575,000
- 6
- BD
- 3
- BA
- 2,970
- SqFt
- List Price
- $575,000
- Status
- ACTIVE
- MLS#
- TB8551830
- Bedrooms
- 6
- Bathrooms
- 3
- Living Area
- 2,970
- Subdivision
- Mac 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 4 additional beds currently vacant, for a total of 10 beds under the current setup. 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.
Additional Information
- Year Built
- 1930
- Construction
- Vinyl Siding
- Living Area
- 2,970
- Acres
- 0.14
- Interior Features
- Ceiling Fans(s)
- Cooling
- Central Air
- Heating
- Electric
- Exterior Features
- Rain Gutters
- Sewer
- Public Sewer
Listing courtesy of DIGI REALTY GROUP, INC..
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