109 W 131ST AVE Active

Tampa,FL 33612

$ 1175000

5 Beds

5 Baths

3645 SqFt


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

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!

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

Waterfront false

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

View More
Favorite Go Tour