Are you searching for an income-producing property with potential for expansion and over a million dollars in additional return on your investment? Look no further! This property is updated and easily rented with three rental incomes possible, along with an ATTACHED BUILDABLE LOT on the back of the property that is zoned multi-family and can be developed with a strong $1.2M NOI on the back lot alone! This is NOT just a charming home. It is a rare opportunity to own a piece of history that has been lovingly updated and restored while also adding the creature comforts now found during the time the home was built. A/C, Heatpump with sanitizing system, whole house water filtration, solar which will be paid off by seller at closing, EV charging plug, new paint inside and outside, new deck on porch, newer electrical, plumbing and metal roof too. Adorned with lovely fruit trees and a pavered patio with brick barbecue and metal roof. Really nice property that deserves to be noticed! RPR Comparable Market Analysis Report is included with the listing. The property is priced WELL below current market value!
- Built in 1923
- 1 garage space
- $239.28/sqft
- Lot size: 10,000 sqft
- 258 days on market
- Directions: I 275 north from downtown to Bird Street/Waters Ave exit. Cross Bird to next corner and make a right on Waters Ave. Go three blocks to Arden and make a left. At the first corner turn right onto Rampart. There is a vacant lot on the corner of Rampart and Arden which is the back of the property. As you drive down Rampart, the detached garage, carport and separate driveway for the garage tenant are on the left. At the corner of Rampart and Mitchell the front of the house has a picket fence on the left. Please park off the road on the gravel in front of the house. The City has just upgraded the utilities to put them underground so the ground is a bit disturbed. The house is 37 feet above sea level with plenty of elevation for the existing basement with no flooding during hurricanes and no flooded streets.
- County: Hillsborough
- Geo subdivision: SULPHUR SPGS
Nearby Schools
Sulphur Springs-HB
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The Real Estate Marketplace
Keyou®
- Source: Stellar MLS
- MLS #: TB8447724
Listing updated: May 11, 2026 at 12:20PM
Listing provided by: Denise Becknell PA, TODAY SPEAKS REALTY
Last checked 2 months ago
Listing provided by: Denise Becknell PA, TODAY SPEAKS REALTY
Last checked 2 months ago
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