Price Reduced 1.00%

$494,000 ($180.03 per sqft)

Est. Mortgage $2,531/mo *

Quick Pre-Approval

Price History

$499,000
10/4/2024

$494,000
10/13/2024


38155 5th AVENUE, Zephyrhills, FL, 33542

38155 5th AVENUE, Zephyrhills, FL, 33542

6 beds

1920

2,744 sqft

Gross annual income of $61,200. This 5-unit multi-family property has 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 apartment 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

Days on Market:

9

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



Listing courtesy of DALTON WADE INC Phone: 888-668-8283