Gross annual income of $61,200. This 5-unit multi-family property is 60% occupied with one unit freshly rehabbed and vacant, and 1 new vacancy. This sale includes 2 separate buildings, and each are on their own parcel. The main building 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: $1200 monthly includes water), a 2/1 apartments on the first level (Apt. 2: $1100 monthly includes water) (Apt. 3: efficiency for $795 monthly includes water & electric). The additional parcel, immediately north offers a duplex of two 1/1 apartments which are addressed as 5141 & 5143 4th Street (Apts. 4 & 5: $925 each monthly includes water). Apartment 1 and Apartment 3 share an electric meter. All other units have their own electric meters. Each building has its own water meter paid by landlord. Both buildings and units have been nicely updated over the last 4 years. Roofs replaced SEP 2022 with wind mitigation reports. Building’s sidings are newly repaired with fresh exterior paint. Location is across the street from Zephyr Park and has bus stops within one block. This downtown location could be suited for business or investment, and with the Commercial TMU Zoning (Traditional Mixed Use), this property offers a variety of income or commercial possibilities.
Property Details
Price:
$499,000
MLS #:
TB8309207
Status:
Active
Beds:
6
Baths:
5
Address:
38155 5TH AVENUE
Type:
Multi Family
Subdivision:
CITY ZEPHYRHILLS
Neighborhood:
33542 – Zephyrhills
City:
ZEPHYRHILLS
Listed Date:
Oct 4, 2024
State:
FL
Finished Sq Ft:
3,106
Total Sq Ft:
3,106
ZIP:
33542
Lot Size:
12,240 sqft / 0.28 acres (approx)
Year Built:
1920
Units:
5
Schools
Elementary School:
West Zephyrhills Elemen-PO
Middle School:
Raymond B Stewart Middle-PO
High School:
Zephryhills High School-PO
Interior
Appliances
Electric Water Heater, Range, Range Hood, Refrigerator
Cooling
Central Air, Wall/ Window Unit(s)
Flooring
Carpet, Ceramic Tile, Laminate, Vinyl
Heating
Central, Wall Units / Window Unit
Laundry Features
None
Exterior
Community Features
Park, Racquetball, Sidewalks, Tennis Court(s)
Construction Materials
Wood Frame, Wood Siding
Exterior Features
Sidewalk
Parking Features
Guest, None, On Street, Open
Roof
Shingle
Financial
Tax Year
2023
Taxes
$4,369
Map
Community
- Address38155 5TH AVENUE ZEPHYRHILLS FL
- SubdivisionCITY ZEPHYRHILLS
- CityZEPHYRHILLS
- CountyPasco
- Zip Code33542
Similar Listings Nearby
- 5243 9TH STREET
ZEPHYRHILLS, FL$380,000
0.39 miles away
Courtesy of DALTON WADE INC. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Stellar MLS. Detailed information about real estate listings held by brokerage firms other than CENTURY 21 Carioti include the name of the listing broker. Neither the listing company nor CENTURY 21 Carioti shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. Stellar MLS. All rights reserved.
38155 5TH AVENUE
ZEPHYRHILLS, FL
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