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Asking Price

$ 495,000

Status

Active

4904 E RIVER HILLS DRIVE

TAMPA, FL,33617, RIVER OAKS CONDO I

Overview

5 Bedrooms

3 Bathrooms

Garage

2,058 sqft

Year Built: 1955


School Nearby

Description

HUGE PRICE REDUCTION! 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!


Features

Status:   Active

Beds:    5

Baths:   3

Square Footage:   2,058 Sq. Ft

HOA Fee:   -

Property Type:   Single Family Residence

MLS Number:   TB8362055

Days on Market:   78

Year Built:   1955

Lot Size:   75 x 203

County:   Hillsborough

Taxes:   $3,233.00


Address

4904 E RIVER HILLS DRIVE , TAMPA ,FL

Listing provided by: PEOPLE'S CHOICE REALTY SVC LLC, 813-933-0677

Asking Price

$495,000

Status

Active

Similar Properties

Based on information submitted to the MLS GRID as of 06/18/2025 01:27. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information.