1021 E CAYUGA ST, TAMPA, FL, 33603
$599,000
Residential
Bedrooms
8
Bathrooms
3
Living Area
2,532 Sqft
Lot Size
6,960 Sqft
Income-producing opportunity in Southeast Seminole Heights! This versatile property offers three separate living spaces across two buildings and generated $57,600 in gross rental income in 2025, according to the seller. The main residence features generously sized bedrooms and distinctive architectural character, including arched openings, a living-room fireplace, and a covered front porch. Its flexible layout can function as a 3-bedroom, 1-bathroom home or as a 2-bedroom residence with a dedicated office, den, or flex room. Estimated market rent is approximately $1,900-$2,000 per month. The detached two-story accessory building contains two updated residences. The downstairs 2-bedroom, 1-bathroom unit is estimated to rent for approximately $1,350 per month, while the upstairs 3-bedroom, 1-bathroom unit is estimated at approximately $1,550 per month. The rear building offers separate access, parking, and convenient entry from the back alley, providing additional privacy and independence from the main residence. Combined estimated rents total $4,800 per month, or $57,600 annually in potential gross rental income. The flexible configuration makes this an attractive option for a full investment property, multigenerational living, or an owner-occupant seeking to offset housing expenses with rental income. The detached ADU building is leased through August 29, 2027 (Unit #B) and Unit #C is leased through September 30, 2027. Located approximately 3 miles from Downtown Tampa and minutes from I-275, with convenient access to Armature Works, Ybor City, Busch Gardens, USF, dining, entertainment, and major employment centers. No HOA. Buyer to verify zoning, permitted use, room dimensions, rental information, and all details material to the buyer’s intended use.
Property Details
Property Features Property Features
MLS ID: MFRTB8556867 Year Built: 1926
Appliances: Range, Refrigerator Construction Materials: Frame
Cooling: Central Air, Mini-Split Unit(s) Country: US
County Or Parish: Hillsborough Direction Faces: West
Exterior Features: Lighting Fireplace Features: Living Room
Flooring: Carpet, Tile Foundation Details: Crawlspace
Furnished: Unfurnished Heating: Central, Electric
Laundry Features: Laundry Closet Levels: One
Listing Agreement: Exclusive Right To Sell Listing Terms: Cash, Conventional, FHA, VA Loan
Occupant Type: Tenant Parking Features: Common, Driveway, On Street, Open, Oversized
Property Condition: Fixer Property Sub Type: Single Family Residence
Property Type: Residential Road Surface Type: Paved
Roof: Shingle Sewer: Public Sewer
Showing Requirements: ShowingTime Special Listing Conditions: None
Standard Status: Active State Or Province: FL
Utilities: Cable Available, Electricity Available, Water Available, Water Connected Water Source: Public
Rooms Rooms
Primary Bedroom: Primary Bathroom:
Living Room: Kitchen:
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