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109 W 131st Avenue

Tampa, FL 33612
  • $1,175,000
  • STATUS: Active
  • ON SITE: 23 Days
  • MLS #: TB8317229
UPDATED: 23 min ago
$1,175,000
  • 5
    BEDS
  • 0.98
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,645
    SQFT
  • $322
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1984
County:

School Information

Elementary School:
Middle School:
High School:

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!

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© 2024 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2024-12-03T21:44:08.383.
www.thenewcomergroup.com/homes/157704413
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109 W 131st Avenue Tampa, FL 33612

  • Price: $1,175,000
  • Status: Active
  • On Site: 23 Days
  • Updated: 23 min ago
  • MLS #: TB8317229
5
Beds
0
Baths
0
½ Baths
0.98
Acres
3,645
SQFT
$322
$/SQFT
1984
Built
Neighborhood:
North Tampa Heights
County:
Hillsborough
Area:
Tampa / Forest Hills
Elementary School:
Lake Magdalene-Hb
Middle School:
Buchanan-HB
High School:
Gaither-Hb
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!
Exterior Features

Carport Yn No Construction Materials Block Exterior Features Private Mailbox Foundation Details Slab Lot Size Dimensions 132 x 325 Patio And Porch Features Patio Pool Private Yn No Road Surface Type GravelPaved Roof Shingle View Trees/Woods Water Access Yn No Water Extras Yn No Water View Yn No Waterfront Feet Total 0 Waterfront Yn No

Interior Features

Appliances RangeRefrigerator Building Area Total 3780 Cooling Central Air Cooling YN Yes Fireplace Yn No Flooring Ceramic TileTile Heating Central Heating YN Yes Interior Features Ceiling Fan(s)Open FloorplanWindow Treatments Laundry Features Outside Sewer Public Sewer Water Source Public Window Features Blinds

Property Features

Annual Expenses 16220 Annual Net Income 46780 Association Yn No Cdd Yn No Est Annual Market Income 87000 Flood Zone Code X Garage Yn No Lease Considered YN Yes Lease Restrictions YN No Listing Terms Cash New Construction Yn No Ownership Fee Simple Pets Allowed Yes Property Sub Type Multi Family Realtor Info As-IsNo Sign Senior Community Yn No Special Listing Conditions None Tax Annual Amount 7765 Total Annual Fees 0 Total Monthly Fees 0 Utilities Cable ConnectedElectricity ConnectedPublicStreet LightsWater Connected Zoning RMC-6


Listing information © 2024 My Florida Regional MLS DBA Stellar MLS..
Listing provided courtesy of BHHS FLORIDA PROPERTIES GROUP: 813-933-1761.



© 2024 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2024-12-03T21:44:08.383.
 
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