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402 E Emma St Tampa, Florida 33603 MLS# MFRTB8304793
2.99% year 1 , 3.99% year 2, 4.99% in year 3 and a locked 5.99% year 4 and beyond !!!What that means for you is a Home that pays for itself in Beautiful Seminole Heights !! Renovated home at yesteryear’s interest rates. A proposal that brings in rental income! To good to be true ?The seller has secured specialized financing for his buyer. The seller is buying down your interest for you. A 3-2-1 rate buy down. What does that look like ? It means a LOW monthly mortgage payment with rates as follows : 2.99% year 1 , 3.99% year 2, 4.99% in year 3 and a locked 5.99% year 4 and beyond. PLUS $5k Bonus to Buyer! $5k Bonus to Buyers agent with a contract by 5/31/25! Amazing home in Southeast Seminole Heights with fantastic INCOME POTENTIAL! Live in main home and rent the other 2 units to pay your mortgage! Lots of possibilities for this renovated Seminole Heights 3/2 bungalow with detached apartments both upstairs AND downstairs in the back building. Multiple living spaces offer a great solution for first floor, multi-generational living OR income potential depending on your needs. Three distinct living spaces are on this large parcel with ample parking for everyone. Currently, the main home has an open concept floor plan with upgraded kitchen and bathrooms, luxury vinyl flooring throughout and a wonderful covered front porch. Oversized Master Suite with his and hers closets, a renovated ensuite bathroom with tub, and room for your home office. Two additional spacious bedrooms are freshly painted, offer lots of natural light and ceiling fans. The spacious kitchen has a breakfast bar, new white shaker cabinets, granite countertops and stainless steel appliances. Laundry closet is just off the kitchen with full size washer/dryer included. Room for future expansion off the back of the house with lots of backyard space ready for addition or backyard scape with endless possibilities (pool, fire pit, patio etc) Do you need a place for an aging parent? Or looking for additional income? The detached duplex offers two renovated apartments for both scenarios. Back building, first floor unit is a spacious 3 bedroom/1 bathroom with a brand new AC installed 2024. Back building, second floor is a 2 bedroom/1 bathroom. Both units have been upgraded offering luxury vinyl, renovated kitchens and bathrooms. Both apartments are turn-key…either move-in or rental ready. And on such a large parcel they offer privacy and independence. How you use the space is up to you! This highly desirable location is just very close to downtown Tampa and all it has to offer including: Armature Works, 12 miles of Riverwalk, Amalie Arena, the Straz Performing Arts Center, Tampa General, USF and a short ride to Tampa International. Easy access to Hwy 275 and a short ride to Uptown and St Petersburg. Discover the charm of Old Seminole Heights today.
Approximate Room Sizes
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Reduced By $74,000