1219 E Emma Street, Tampa, FL 33603

Property Description

Turnkey, fully furnished, cash-flowing investment property in the heart of Seminole Heights with a proven 3-year track record of full occupancy as a PadSplit (rent-by-the-room) rental, professionally managed by PadSplit for hassle-free tenant placement — a true plug-and-play opportunity for investors seeking predictable, stable income. This 5-bedroom, 2-bathroom bungalow-style home features a detached ADU/in-law suite with its own private entrance, fully remodeled in 2023 (new paint, flooring, kitchen, bathroom, AC, laundry, and appliances). The main house has a newer roof (2022) and an AC unit that is only a couple of years old, plus an updated kitchen with newer appliances, granite countertops, shaker cabinets, and tile flooring, a common dining area with shared laundry and refrigerator, and a living room with laminate flooring and a warm, inviting fireplace feature; each bedroom includes a bed, closet, desk, and coded keypad entry for privacy. Plumbing lines running from the main house to the ADU at the alley were also recently replaced. Currently generating $4,600+ in gross monthly income (4 main-house rooms at $800/month plus the ADU at $1,400/month), with estimated monthly expenses around $500 for water, electric, lawn, wifi, and monthly deep cleaning, and an optional 8% PadSplit management fee if you prefer to self-manage. Situated on a non-flood, high-and-dry lot with no CDD and no HOA restrictions, minutes from downtown Tampa, public transit, restaurants, parks, and grocery stores, with easy access to I-275, I-4, US-41, and area state roads in one of Tampa's fastest-appreciating historic neighborhoods. Buyers to do their own due diligence. Do not disturb tenants — shown by appointment only. Contact listing agent for additional details and any questions.