$399,000

Description

TWO HOMES, ONE PROPERTY, ENDLESS POSSIBILITIES IN HISTORIC YBOR CITY! Whether you're looking for an income-producing investment, a primary residence with additional rental income, or a multigenerational living arrangement, this unique Tampa property offers flexibility, character, and an unbeatable location. Situated at 1411 E 24th Avenue, this property features an updated main residence and a detached accessory dwelling unit (ADU) with a proven rental history. The main home offers an inviting living space, an updated kitchen, stainless steel appliances, and modern finishes while maintaining its historic Tampa charm. The detached one-bedroom ADU provides a separate living space, ideal for generating rental income, accommodating extended family, or hosting guests. Outside, enjoy a fenced yard with mature mango trees, covered parking, and room to relax or entertain. Recent improvements include a newer roof on the main residence, updated insulation, fresh interior and exterior paint, and improvements throughout both structures. ANOTHER MAJOR BONUS: The property is located outside designated high-risk flood zones, and flood insurance is not typically required by lenders! Enjoy the added benefit of potentially lower ownership costs without a mandatory flood insurance premium. LOCATION, LOCATION, LOCATION! Just minutes from Ybor City's restaurants, breweries, entertainment, and historic 7th Avenue, this property is also conveniently located near Downtown Tampa, Channelside, Water Street, and major commuter routes. Even more exciting is its proximity to the transformative Gas Worx redevelopment, a major mixed-use project bringing new residential, retail, dining, and commercial spaces to the surrounding area. With an established rental history, two separate living spaces, and a location near some of Tampa's most significant redevelopment projects, this property presents an exciting opportunity for homeowners and investors alike. Live in one, rent the other, or explore the potential of both! Opportunities offering this kind of versatility in Tampa's urban core deserve a closer look. Schedule your private showing today!