New Listing - 10/04/2024
38155 5th AVENUE, Zephyrhills, FL, 33542
6 beds
1920
2,744 sqft
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.
Status:
Active
Type:
Multi-family
Laundry Remarks:
None
Units:
5
Subdivision:
CITY ZEPHYRHILLS
Garage:
Guest, None, On Street, Open
Heating:
Central, Wall Units / Window Unit
Cooling:
Central Air, Wall/Window Unit(s)
Lot Size:
136 x 90
Acreage:
0.28
Est. Taxes:
$4,369
Construction
Wood Frame, Wood Siding
Utilities
Electricity Connected, Sewer Connected, Water Connected
Lot Description:
Corner Lot, City Lot, Near Public Transit, Sidewalk
View Description:
City, Park/Greenbelt
Amenities:
Park, Racquetball, Tennis Court(s)
Elementary School:
West Zephyrhills Elemen-PO
Middle School:
Raymond B Stewart Middle-PO
High School:
Zephryhills High School-PO
Pet Policy:
Yes
Appliances:
Electric Water Heater, Range, Range Hood, Refrigerator
Lease Term Type:
12 Months
MLS #:
TB8309207
Community Info
School Info
Walk Score
Yelp
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Listing courtesy of DALTON WADE INC Phone: 888-668-8283