4904 E RIVER HILLS DR, TAMPA, FL, 33617
$495,000
Residential
Bedrooms
5
Bathrooms
3
Living Area
2,058 Sqft
Lot Size
15,225 Sqft
HUGE PRICE REDUCTION! 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!
Property Details
Property Features Property Features
MLS ID: MFRTB8362055 Year Built: 1955
Appliances: Dishwasher, Electric Water Heater, Range, Refrigerator Construction Materials: Frame
Cooling: Central Air Country: US
County Or Parish: Hillsborough Direction Faces: South
Exterior Features: Lighting Fencing: Fenced
Flooring: Carpet, Vinyl, Wood Foundation Details: Crawlspace
Furnished: Unfurnished Heating: Central
Laundry Features: Laundry Room Levels: Two
Listing Agreement: Exclusive Right To Sell Listing Terms: Cash, Conventional, FHA, Other
Lot Features: City Limits, Oversized Lot, Paved Occupant Type: Vacant
Other Structures: Guest House, Workshop Parking Features: Driveway
Patio And Porch Features: Deck, Other Property Sub Type: Single Family Residence
Property Type: Residential Road Surface Type: Asphalt
Roof: Shingle Sewer: Septic Tank
Showing Requirements: 24 Hour Notice, Appointment Only Special Listing Conditions: None
Standard Status: Active State Or Province: FL
Utilities: BB/HS Internet Available, Cable Available, Electricity Connected Vegetation: Mature Landscaping
Water Source: Private, Well Window Features: Blinds, Drapes
Rooms Rooms
Kitchen: 12x12 ft Dining Room: 13x15 ft
Living Room: 13x19 ft Primary Bedroom: 12x14 ft
Bedroom 2: 10x14 ft Bedroom 3: 8x10 ft
Bedroom 4: 12x12 ft Family Room: 12x13 ft
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