Back to Search
109 W 131st Ave
For Sale $1,175,000 ($322.36 per Sq Ft)
$1,175,000 ($322.36 per Sq Ft)
- 5 Units
- 3,645 Sq Ft
- 42,900 Sq Ft
- Unknown Cap Rate
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!
Loading map...
Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $1,175,000 |
| Property Type | Multi-Family |
| Usable Sqft | 3,645 |
| Number of Stories | 0 stories |
| Parking Spots | 0 spots |
| Year Built | 1984 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | U1228180TD00000300008.3 |
| MLS # | TB8317229 |
| Property ID | 315499955 |
| Lot Sqft | 42,900 |
| Zoning | RMC-6 |
| Total Units | 5 |
| Days on Market | 18 |
| Original List Price | $1,175,000 |
| Applicances | Range, Refrigerator% |
| Date Updated | November 12, 2024 |
| Date Created | November 09, 2024 |
Financials not available online. Please inquire with your agent for more details.
Listing Provided By
Duncan Anderson an agent of BHHS FLORIDA PROPERTIES GROUP.
© 2024 STELLAR MLS. All rights reserved. Some listings on this website are from STELLAR as of November 12, 2024 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Robert Crawford
REAL ESTATE AGENT