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Step into this charming historical duplex in the heart of Hyde Park's sought-after historic district. Built in 1919, this property has already undergone essential updates, including modern plumbing, electrical, structural reinforcements, and a new roof, providing peace of mind for future development.  The biggest expenses have been completed, so it just needs someone take it the rest of the way to completion!  Currently configured as two 1-bedroom, 1-bath units, this property offers flexibility for a variety of investment strategies. With its prime location, just a short walk from Bayshore Boulevard, the Hyde Park Village shopping and dining district, and a variety of entertainment options.  This duplex is perfectly positioned for high-demand rental income, whether through long-term leases, or a short term vacation rental.  The top-floor unit features a bonus room, offering potential to convert the layout into a 2-bedroom, 1-bath upstairs and a 1-bedroom, 1-bath downstairs, or even a spacious single-family home. The lot includes space for convenient rear parking with alley access, adding to its appeal as a rental or residence.  Situated on a cleared lot in the heart of the city, this property is not only a promising investment but also a rare opportunity to own a piece of Tampa's history. The potential ARV exceeds $1.2 million, with an estimated 0.13 ROI for long-term rentals, and even greater returns possible through short-term rentals.  Don't miss out on this unique opportunity to invest in one of Tampa's most desirable neighborhoods.

Historic District, City Limits, In County, Level, Paved

33606

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Beatriz Botero has 1 photo of this 2 bed, 1 bath, 1614 sqft property that was listed on 01-31-2025 for $510000, and is located at 1919 W LEMON STREET Tampa, FL 33606.

1919 W LEMON STREET Tampa, FL 33606

What an opportunity to own this charming 2/1 with detached 2 car garage, on an oversized lot in hugely desirable North Hyde Park (NOHO). Not only is this Craftsman style home a rare find, but with build in income from the tenant until June 2025, you can enjoy your investment until you're ready to move in, renovate or rebuild. The existing 1398sft home could be converted to a 3 bedroom, but for now it serves as a spacious 2 bedroom with options. Natural gas serves this home with gas range and tankless water heater. HVAC and heat pump are 2years old and the garage roof was installed in 2022. The lot size of 75x100 is also a rare find in this area, which is only minutes from Hyde Park Village, and incredibly convenient for Tampa International Airport and University of Tampa. Make your appointment today to see this great opportunity.

1919 W LEMON STREET

Tampa, FL 33606

1614 sqft | 2 beds | 1 bath | 0.17 acres | #TB8327853

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