$1,175,000 for Sale
109 w 131st avenue , tampa, FL 33612
Beds 5 | Baths 5 | 3,645 Sqft | 0.98 Acres |
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Property Description
PRIME LOCATION – INVESTOR ALLERT!! Excellent opportunity to own a MULTI-FAMILY property in the heart of Tampa Bay! This offering includes a DUPLEX (1,458 sq ft) and a TRIPLEX (2,187 sq ft) situated on nearly 1-ACRE, right off bustling Florida Ave, just south of Fletcher. This 3,645-square-foot property features five 2BR/1BA units, each 729 sq ft, built with sturdy concrete BLOCK construction, central AC, and NEW SHINGLE ROOFS. Tenants pay all utilities with separate meters aside from a shared water meter. Each unit is in good condition, having been updated a few years ago with wood-look standard tile flooring. Most units feature stainless steel appliances and quality cabinetry in the kitchens and bathrooms. Parking is available for each unit. All units are occupied by month-to-month tenants with below-market rents, providing an excellent opportunity for rental INCOME GROWTH. Plus, with no HOA, there's flexibility for future development! The existing structures are located at the back of the lot, leaving room to potentially BUILD ADDITIONAL UNITS at the front. Located minutes from downtown Tampa, International Mall, MacDill Air Force Base, I-275, shopping, dining, and more! Please do not visit the property or disturb the tenants. Don’t miss out on this fantastic investment opportunity!
General Information
Sale Price: $1,175,000
Price/SqFt: $322
Status: Active
MLS#: TB8317229
City: tampa
Post Office: tampa
Schools: gaither-hb
County: Hillsborough
Subdivision: north tampa heights
Acres: 0.98
Lot Dimensions: 132 x 325
Bedrooms:5
Bathrooms:5
House Size: 3,645 sq.ft.
Acreage: 0.98 est.
Year Built: 1984
Property Type: Multi Family
Style:
Features & Room Sizes
Paved Road: Gravel, Paved
Garage: No
Construction: Block
Exterior Misc: Private Mailbox
Basement: No
Foundation : Slab
Appliances: Range, Refrigerator
Cooling: Central Air
Heating: Central
Waste: Public Sewer
Watersource: Public
Tax, Fees & Legal
Est. Summer Taxes: $0
Est. Winter Taxes: $7,765
Legal Description: NORTH TAMPA HEIGHTS E 132 FT OF W 264 FT OF LOT 8 BLOCK 3 LESS RD R/W ON S SIDE
Information provided by My Florida Regional MLS DBA Stellar MLS, Copyright 2024
All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that the information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing By: Duncan Anderson of BHHS FLORIDA PROPERTIES GROUP, Phone: 813-933-1761