$1,175,000
For Sale

109 W 131ST AVENUE

Tampa, FL 33612
3780 sqft | 5 beds | 0.98 acres | #TB8317229
Browse 28 photos
Type:Multi-Family
Structure:Duplex/Multi-Unit
Zone:Residential

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!

  • Interior Details
      • InteriorCeiling Fans(s), Open Floorplan, Window Treatments
    • Beds & Baths
      • Bedrooms5
  • Property Details
      • Exterior MaterialsPrivate Mailbox
      • ViewTrees/Woods
    • Measurements
      • Acres0.98
      • Square Feet3780
  • Construction Details
      • Property TypeMulti-Family
    • Condition
      • Year Built1984
    • Material information
      • FoundationSlab
  • Utilities / Energy Details
      • Utility FeaturesCable Connected, Electricity Connected, Public, Street Lights, Water Connected
      • Sewer InformationPublic Sewer
      • Utility SourcePublic
  • Community and Neighborhood Details
      • SubdivisionNORTH TAMPA HEIGHTS
    • Location
      • Elementary SchoolLake Magdalene-HB
      • CountyHillsborough
      • Middle SchoolBuchanan-HB
      • High SchoolGaither-HB
  • Financial Details
      • Original List Price$1,175,000
      • Taxes Annual$7,765
      • Days on Market (Cumulative)7
  • Restrictions
      • Pets AllowedYes
  • Other
      • MLS #TB8317229

Location

Renaissance Realty MainReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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