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$719,000   Price Analysis
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2226 E 131st Ave
Tampa, FL 33612
8 bed 8 bath 3,432 SqFt ($209/SqFt)
0.24 acre lot. Built 1984
Listed 2024-04-11		Ⓧ USDA Ineligible
due to location
near Tampa

Great Income Opportunity in North Tampa

Favorable Unit Mix of 2 Bed / 2 Bath Units and 2 Bed /1.5 Bath Units w/ In-Unit Washer-Dryer Hookups Substantial Value-Add Opportunity with Upside on Rents Over $300/Month Per Unit Rock-Solid 1984 Concrete Block Construction w/Masonry on the 1st and 2nd Floor Consists of 4-Units, in 1 Masonry Building, on 1 Parcel Totaling 0.24 Acr es Opportunity to Boost Cash Flow by Implementing RUBBS System or Adding Monthly Utility Fees.

Strong Historic Occupncy w/ Zero Vacancy in Last 3 Years; Currently Owner Managed Ample Off-Street Parking with Fenced Parking Lot and Backyard Areas All Units Remodeled in 2014 & Roof Replaced in 2015 Property Qualifies to Utilize Residential Financing for Acquisition. Just 0.5 Miles from the University of South Florida 1-Mile from AdventHealth Tampa, a 626-Bed Hospital.


Presented by Kyle Keelan at
THE MULTIFAMILY FIRM LLC.


Property MLS #A4606771 from StellarMLS

Bedrooms: 8

Total Bathrooms: 8
Full Bathrooms: 8

Thermostat
Furnished Description: Unfurnished

Laundry Features: Electric Dryer Hookup, Washer Hookup

Cooling Features: Central Air
Heating Features: Central

Sidewalk
Road Surface Type: Asphalt

Lot Size Acres: 0.24
Lot Size Dimensions: 87x121
Lot Size Square Feet: 10527

Association: No
Calculated Total Monthly Association Fees: 0

Number of Buildings: 1
Number of Units: 4
Bedrooms in Unit-1: 2
Total Bathrooms in Unit-1: 2

Gross Income: 58500
Tenant Pays: Electricity

Annual Tax Amount: 7179.920000000
Source Listing Status: Active
County: Hillsborough
Directions: 275 NORTH FROM DOWNTOWN TAMPA TO FLETCHER AVE THEN HEAD EAST TO 131ST AVE
Tax Year: 2023
Ownership: Fee Simple
Source Property Type: Residential Income
Area: 33612 - Tampa / Forest Hills
Source Neighborhood: UNPLATTED
Parcel Number: U-08-28-19-ZZZ-000001-30610.0
Postal Code Plus 4: 3876
Subdivision: UNPLATTED
Township: 28
Zoning: UCA-NHO
Property Subtype: Quadruplex
Source System Name: C2C

Listed 2024-04-11
$719,000
StellarMLS

Total Square Feet Living: 3432
Year Built: 1984
Building Area Source: Public Records
Building Area Total: 3812
Construction Materials: Block
Foundation Details: Slab
Levels: One
Property Age: 40
Roof: Shingle

Sewer: Public Sewer
Cable Connected
Electricity Connected
Fire Hydrant
Public
Street Lights
Water Source: Public

Witter Elementary School is a public elementary school located approximately 1.3 miles away.
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Freedom High School is a public high school located approximately 5.5 miles away.
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Benito Middle School is a public middle school located approximately 8.5 miles away.
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Tampa Bay Academy is a private elementary, middle and high school located approximately 1.5 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.