$540,000
$575,000
6.1%For more information regarding the value of a property, please contact us for a free consultation.
11 Beds
5 Baths
3,251 SqFt
SOLD DATE : 10/05/2023
Key Details
Sold Price $540,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,251 sqft
Price per Sqft $166
Subdivision Locicero Columbia Park
MLS Listing ID T3446798
Sold Date 10/05/23
Bedrooms 11
Construction Status Inspections
HOA Y/N No
Originating Board Stellar MLS
Year Built 1957
Annual Tax Amount $5,826
Lot Size 0.320 Acres
Acres 0.32
Lot Dimensions 110x127
Property Description
HUGE upside potential on this fully-occupied, centrally located Triplex with under-market rents. Immediate cash flow, and 2 units are leased on a MTM basis and the 3rd lease expires Aug 31, allowing for immediate rental increases. The property consists of a 2004 built duplex with each unit a 4 bedroom 2 bath, with 1,193 sq. ft. of living area, and a 1957 built SFR with 3 bedrooms, 1 bath, 864 sq. ft. of living area with a carport and a detached utility room. There is a large pavered driveway in front with plenty of room for parking. Each unit has private laundry with the duplex having laundry closets and the SFR having laundry in the utility room. Units are separately metered for electric (tenant responsibility) and owner water bills are low as the property is on Septic. The units sit on over 1/4 acre with a very large back yard. The duplex units also have private, fenced back yards. The duplex roof was installed in 2021 and the SFR roof was installed 2016. ACs for the SFR and Unit B of the duplex AC are new 2021. Unit A of the duplex will need to be replaced. Located close to I-4 between 75 and 275, you have easy access to all of Tampa Bay. Don't miss out!
Location
State FL
County Hillsborough
Community Locicero Columbia Park
Zoning RDC-12
Interior
Interior Features Ceiling Fans(s), Kitchen/Family Room Combo, Walk-In Closet(s)
Heating Central, Electric
Cooling Central Air
Flooring Ceramic Tile, Terrazzo
Fireplace false
Appliance Range, Range Hood, Refrigerator
Laundry Laundry Closet
Exterior
Exterior Feature Sidewalk
Garage Driveway
Utilities Available Cable Connected, Electricity Connected, Water Connected
Waterfront false
Roof Type Shingle
Parking Type Driveway
Garage false
Private Pool No
Building
Foundation Slab
Lot Size Range 1/4 to less than 1/2
Sewer Septic Tank
Water Public
Structure Type Block
New Construction false
Construction Status Inspections
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Special Listing Condition None
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