109 W 131ST AVE Tampa, FL 33612
UPDATED:
11/12/2024 11:00 PM
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,645 sqft
Price per Sqft $322
Subdivision North Tampa Heights
MLS Listing ID TB8317229
Bedrooms 5
HOA Y/N No
Originating Board Stellar MLS
Year Built 1984
Annual Tax Amount $7,765
Lot Size 0.980 Acres
Acres 0.98
Lot Dimensions 132x325
Property Description
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!
Location
State FL
County Hillsborough
Community North Tampa Heights
Zoning RMC-6
Interior
Interior Features Ceiling Fans(s), Open Floorplan, Window Treatments
Heating Central
Cooling Central Air
Flooring Ceramic Tile, Tile
Fireplace false
Appliance Range, Refrigerator
Laundry Outside
Exterior
Exterior Feature Private Mailbox
Utilities Available Cable Connected, Electricity Connected, Public, Street Lights, Water Connected
View Trees/Woods
Roof Type Shingle
Porch Patio
Garage false
Private Pool No
Building
Foundation Slab
Lot Size Range 1/2 to less than 1
Sewer Public Sewer
Water Public
Structure Type Block
New Construction false
Schools
Elementary Schools Lake Magdalene-Hb
Middle Schools Buchanan-Hb
High Schools Gaither-Hb
Others
Pets Allowed Yes
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition None
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