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Description

Investor special in the heart of Tampa! Welcome to 1021 E Cayuga St—a fully renovated, rent-ready triplex offering strong cash-flow potential and stylish modern finishes. The front home features 3 bedrooms and 2 bathrooms with luxury vinyl flooring, quartz countertops, shaker-style cabinets, and a private washer and dryer. This unit commands a strong market rent of $2,450/month. Behind the main home, a detached ADU includes two additional units: a 2 bed, 1 bath on the lower level and a 3 bed, 1 bath upstairs. Both have been tastefully updated to match the front unit and share an on-site washer and dryer. The ADU is separated by a privacy fence and includes its own dedicated parking with alley access. The two rear units have a combined market rental income of $3,450/month. Altogether, this property can bring in just under $6,000/month when fully leased up. Conveniently located just 3 miles from Downtown Tampa, 7 miles to Busch Gardens, 8 miles to USF, and minutes from I-275, this is an ideal opportunity for any investor looking for a turnkey asset in a central and rapidly growing area.

Features

• Property Type: Residential Income
• Sub Type: Triplex
• Listing Status: Active
• County/Area: Hillsborough County
• Zip Code: 33603
• Year Built: 1926
• Sq.Ft.: 1780
• Units: 3
• Bedrooms: 8
• Lot Size: 0.1600
• Zoning: SH-RS
• Annual Net Income: 53100.00
• Appliances: Range, Refrigerator
• Association 2: No
• Available For Lease: Yes
• Building Area Units: Square Feet
• Construction Materials: Frame
• Cooling: Central Air, Ductless
• Country: US
• Directions: Head North on 275 to MLK exit. Take exit right to Nebraska Ave. Left on Nebraska. Right on Cayuga, W
• Est Annual Market Income: 70800.00
• Exterior Features: Lighting
• Fireplace: Living Room
• Flooring: Carpet, Tile
• Foundation Details: Crawlspace
• Gross Income: 70800
• Heating: Central, Electric
• HOA Fee: 0.00
• HOA Frequency: Monthly
• Homestead: Yes
• Interior Features: High Ceilings
• Laundry Features: Laundry Closet
• Levels: One
• Living Area Meters: 165.37
• Living Area Source: Public Records
• Living Area Units: Square Feet
• Lot Size Square Feet: 6960
• Lot Size Square Meters: 647
• Main Type: Residential Income
• Minimum Lease: No Minimum
• MLS Area Major: 33603 - Tampa / Seminole Heights
• Parking Features: Common, Driveway, On Street, Open, Oversized
• Property Condition: Completed
• Road Surface Type: Paved
• Roof: Shingle
• Sewer: Public Sewer
• Short Term Rental: Yes, See Minimum Lease
• Stories: 1 Story
• Subdivision: Phillip Sub
• Subdivision/Neighborhood: Phillip Sub
• Tax Annual Amount: 5087.51
• Tax Lot: 3
• Tax Year: 2024
• Total Acreage: 0 to less than 1/4
• Total Annual Fees: 0.00
• Total Monthly Fees: 0.00
• Total Num Buildings: 2
• Township: 29
• Unit Count: 3
• Unit Number: No
• Utilities: Cable Available, Electricity Available, Water Available, Water Connected
• Water Access: No
• Water Extras: No
• Water Source: Public
• Water View: No