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38155 5TH AVE Zephyrhills, FL 33542
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Key Details
Sold Price $230,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,744 sqft
Price per Sqft $83
Subdivision City Zephyrhills
MLS Listing ID T3222879
Sold Date 03/20/20
Construction Status Inspections
HOA Y/N No
Year Built 1920
Annual Tax Amount $2,969
Lot Size 0.280 Acres
Acres 0.28
Lot Dimensions 136X90
Property Description
***MULTIPLE OFFERS RECEIVED - HIGHEST AND BEST OFFERS DUE BY 10AM FEB 26TH*** LOOKING FOR INCOME? How about gross annual income of $39,000?!? This multi-family property is 100% OCCUPIED and produces great returns! This sale includes 2 separate buildings, and each are on their own parcel. The main building that fronts 5th Avenue (SR 54) is currently used as an income producing triplex which consists of a 2/1 two story unit with central a/c (Apt. 1: $800 monthly includes water), and two 1/1 apartments on the first level (Apt. 2: $600 monthly includes water) (Apt. 3: efficiency for $600 monthly includes water & electric). The additional parcel which is immediately North offers a single story duplex consisting of two 1/1 apartments which are addressed as 5141 & 5143 4th Street (Apts. 4 & 5: $600 each monthly includes water). Apartment 1 and Apartment 3 share an electric meter. All other units have their own electric meter. Each building has its own water meter, and both buildings have been nicely updated. This property’s potential doesn’t end there. The downtown location could not be better suited for business or investment, and with the Commercial TMU Zoning (Traditional Mixed Use), this property offers a variety of income or commercial possibilities. Whether you’re looking for a location for your business, an income producer, or both, this is the property for you. Don't delay! Call today and give yourself a raise with this great opportunity to gain passive income in downtown Zephyrhills!
Location
State FL
County Pasco
Community City Zephyrhills
Zoning TMU
Rooms
Other Rooms Storage Rooms
Interior
Heating Central, Wall Units / Window Unit
Cooling Central Air, Wall/Window Unit(s)
Flooring Carpet, Laminate, Vinyl
Fireplaces Type Decorative
Fireplace true
Appliance Electric Water Heater, Range, Range Hood, Refrigerator
Exterior
Exterior Feature Sidewalk
Garage Guest, None, On Street, Open
Community Features Park, Racquetball, Sidewalks, Tennis Courts
Utilities Available Electricity Connected
Amenities Available Park, Racquetball, Tennis Court(s)
Waterfront false
View City, Park/Greenbelt
Roof Type Metal
Porch Deck, Patio, Porch, Screened
Parking Type Guest, None, On Street, Open
Garage false
Private Pool No
Building
Lot Description Corner Lot, City Limits, Near Public Transit, Sidewalk, Paved
Entry Level Two
Foundation Crawlspace, Slab
Lot Size Range 1/4 Acre to 21779 Sq. Ft.
Sewer Public Sewer
Water Public
Structure Type Siding,Wood Frame,Wood Siding
New Construction false
Construction Status Inspections
Schools
Elementary Schools West Zephyrhills Elemen-Po
Middle Schools Raymond B Stewart Middle-Po
High Schools Zephryhills High School-Po
Others
Pets Allowed No
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Membership Fee Required None
Listing Terms Cash, Conventional
Special Listing Condition None
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Bought with DALTON WADE INC