1514 E NORTH BAY ST, TAMPA, FL, 33610
$449,000
Residential Income
Bedrooms
6
Bathrooms
4
Living Area
1,726 Sqft
Lot Size
6,250 Sqft
This exceptional income-producing duplex at 1514 E North Bay Street, Tampa, FL 33610 presents an outstanding investment opportunity with immediate cash flow and strong upside. Built in 1934, this well-maintained property features two separate 3-bedroom, 2-bathroom units totaling 1,726 heated square feet on a 6,250-square-foot lot, with each unit offering comfortable living spaces and strong rental appeal. The property was recently occupied with Unit 1 rented for $2,000/month and Unit 2 rented for $2,400/month, both on month-to-month leases, generating a combined gross annual rental income of $52,800. Recent improvements include the front A/C unit replaced in 2022, back A/C unit replaced in 2024, a fully remodeled kitchen in 2022, and new flooring installed in 2022, providing peace of mind for investors. Each residence has its own water meter, while electric service is shared. Conveniently located just minutes from Downtown Tampa, Ybor City, Armature Works, Tampa Riverwalk, major hospitals, shopping, dining, entertainment, I-275, and I-4, this property offers tenants exceptional accessibility and convenience. Whether you're expanding your investment portfolio or seeking a turnkey duplex with stable rental income, this property is an excellent opportunity. Property is being sold strictly AS-IS. Realtor has an ownership interest in the property.
Property Details
Property Features Property Features
MLS ID: MFRTB8529405 Year Built: 1934
Community Features: Street Lights Construction Materials: Stucco
Cooling: Central Air Country: US
County Or Parish: Hillsborough Exterior Features: Fence
Foundation Details: Crawlspace Furnished: Unfurnished
Heating: Central Laundry Features: None
Levels: One Listing Agreement: Exclusive Right To Sell
Other Structures: Shed(s) Parking Features: Driveway
Property Condition: Completed Property Sub Type: Duplex
Property Type: Residential Income Road Responsibility: Public Maintained Road
Road Surface Type: Asphalt, Paved Roof: Shingle
Sewer: Public Sewer Showing Requirements: 24 Hour Notice, Call Listing Agent, See Remarks, ShowingTime
Special Listing Conditions: None Standard Status: Active
State Or Province: FL Utilities: BB/HS Internet Available, Cable Available, Electricity Available, Phone Available, Public, Sewer Available, Water Available
Water Source: Public Window Features: Blinds
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