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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.
| DAYS ON MARKET | 52 | LAST UPDATED | 10/13/2024 |
|---|---|---|---|
| TRACT | CITY ZEPHYRHILLS | YEAR BUILT | 1920 |
| COMMUNITY | 33542 - Zephyrhills | COUNTY | Pasco |
| STATUS | Active | PROPERTY TYPE(S) | Multi Family |
| Elementary School | West Zephyrhills Elemen-PO |
|---|---|
| Jr. High School | Raymond B Stewart Middle-PO |
| High School | Zephryhills High School-PO |
| PRICE HISTORY | |
| Prior to Oct 13, '24 | $499,000 |
|---|---|
| Oct 13, '24 - Today | $494,000 |
| ADDITIONAL DETAILS | |
| AIR | Central Air, Wall/Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Electric Water Heater, Range, Range Hood, Refrigerator |
| AREA | 33542 - Zephyrhills |
| BASEMENT | Crawl Space |
| CONSTRUCTION | Wood Siding |
| HEAT | Central |
| LOT | 0.28 acre(s) |
| LOT DESCRIPTION | Corner Lot, Near Public Transit, Paved |
| LOT DIMENSIONS | 136X90 |
| PARKING | Guest, None, On Street, Open |
| SEWER | Public Sewer |
| STORIES | 2 |
| SUBDIVISION | CITY ZEPHYRHILLS |
| TAXES | 4369.2 |
| UTILITIES | Electricity Connected, Sewer Connected, Water Connected |
| VIEW | Yes |
| VIEW DESCRIPTION | City, Park/Greenbelt |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by Gary Myers, DALTON WADE INC, 888-668-8283
The information contained herein has been provided by My Florida Regional MLS DBA Stellar MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Listings last updated 11/22/24 5:54 PM PST.
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