$650,000
For Sale

4904 E RIVER HILLS DRIVE

Tampa, FL 33617
3730 sqft | 5 beds | 3 baths | 0.35 acres | #TB8362055
Browse 30 photos
Type:Purchase
Structure:House
Zone:Residential

Description

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
      • Utility FeaturesBB/HS Internet Available, Cable Available, Electricity Connected
      • InteriorCeiling Fans(s), Primary Bedroom Main Floor, Window Treatments
      • Lot DescriptionCity Limits, Oversized Lot, Paved
      • Property SubtypeSingle Family Residence
      • SubdivisionRIVER OAKS CONDO I
      • Utility SourcePrivate, Well
      • CountyHillsborough
      • Sewer InformationSeptic Tank
      • FoundationCrawlspace
      • MLS #TB8362055
      • MLS #TB8362055
      • Exterior MaterialsLighting
      • Property TypePurchase
      • Original List Price$650,000
      • Taxes Annual$3,233
      • Cost650000
      • Acres0.35
      • Square Feet3730
      • Year Built1955
      • Bedrooms5
      • Bathrooms3
      • Full Baths3
      • Days on Market (Cumulative)2

Location

Rachel MelendezReal Estate Group
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