New Listing - 11/09/2024

$1,175,000 ($322.36 per sqft)

Est. Mortgage $6,097/mo *

Quick Pre-Approval

109 W 131st AVENUE, Tampa, FL, 33612

109 W 131st AVENUE, Tampa, FL, 33612

5 beds

1984

3,645 sqft

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!


Status:

Active

Type:

Multi-family

Laundry Remarks:

Outside

Units:

5

Subdivision:

NORTH TAMPA HEIGHTS

Heating:

Central

Cooling:

Central Air

Lot Size:

132 x 325

Acreage:

0.98

Est. Taxes:

$7,765

Construction

Block

Utilities

Cable Connected, Electricity Connected, Public, Street Lights, Water Connected

View Description:

Trees/Woods

Elementary School:

Lake Magdalene-HB

Middle School:

Buchanan-HB

High School:

Gaither-HB

Days on Market:

3

Pet Policy:

Yes

Appliances:

Range, Refrigerator

MLS #:

TB8317229


Community Info

School Info

Walk Score

Yelp



Listing courtesy of BHHS FLORIDA PROPERTIES GROUP Phone: 813-933-1761