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Image 1 - 2524 W Cherry St, Tampa, Florida, 33607 - House for sale
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W Cherry St, Tampa, Home For Sale
2524 W Cherry St, Tampa, Florida, 33607

W Cherry St, Tampa, Home For Sale

house for sale
Listed: 07/13/24

2524 W Cherry St, Tampa, Florida, 33607

6 Bed:
4 Bath:
1,356 Sq Ft Living Area:
Save
Price
$ 625,000

About This House

This property presents an exceptional investment opportunity in the historic Old West Tampa area, conveniently located near West Tampa Elementary and McFarlane Park. Boasting 100% occupancy with long-term tenants, this classic bungalow features two 3-bedroom, 2-bathroom units, each renting for$2400.The units are mirror images of each other with a 'shotgun' layout, and have been meticulously maintained and upgraded with new flooring, remodeled kitchens with new appliances, upgraded electrical and plumbing systems, a redone foundation, and new siding. Each unit also offers central HVAC, separate electric meters, and a shared water meter. Additional amenities include a covered front porch, front and rear entry doors, a private driveway with rear parking, and curbside parking. This versatile property is ideal for investors seeking consistent rental income, homeowners looking to live in one unit and rent the other, or those interested in operating an Airbnb.

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Macfarlane Park Housing & Living

Household Income

Median household income: $54,599
Number of households: 154,047
The average household income in Tampa, FL grew from $50,489 to $54,599 in the past year. This data is an estimate based upon 154,047 households in Tampa, FL.
The chart below presents how household income is distributed in Tampa, FL in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Tampa, FL compared to median property taxes around the country. The prevalent amount of property taxes in Tampa, FL equals $3k+ , which is less than the national average.