38155 5th Avenue, Zephyrhills, FL 33542

$450,000
6
BD
5
BA
2,744
SqFt

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Sold Price
$450,000
List Price
$479,000
Status
Sold
Days on Market
106
Closing Date
Jan 31, 2025
MLS#
TB8309207
Property Style
Multi Family
Year Built
1920
Bedrooms
6
Bathrooms
5
Living Area
2,744
Lot Size
12,240
Acres
0.28
Total Acreage
1/4 to less than 1/2
Legal Subdivision Name
City Zephyrhills
MLS Area Major
Zephyrhills

Property Description

This sale includes 2 separate buildings, each on its own parcel. Gross annual income of $59,400. 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: vacant efficiency for $800 monthly includes water & electric). The additional parcel, immediately north offers a duplex of two 1/1 apartments 5141 & 5143 4th Street (Apts. 4 & 5: $925 each monthly includes water). 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. Empty external storage room could be converted into a communal laundry room for additional income. This downtown location is suited for business or investment, and with the Commercial TMU Zoning (Traditional Mixed Use), this property offers a variety of income or commercial possibilities.

Additional Information

Taxes
$4369
Annual Gross Income
61200
Location
Corner Lot, City Limits, Near Public Transit, Sidewalk, Paved
Community Features
Park, Racquetball, Sidewalks, Tennis Court(s), No Deed Restriction
Property Description
Two Story
Zoning
TMU
Interior Layout
Ninguno
Interior Features
Ninguno
Floor
Carpet, Ceramic Tile, Laminate, Vinyl
Appliances
Electric Water Heater, Range, Range Hood, Refrigerator
Utilities
Electricity Connected, Sewer Connected, Water Connected
Heating
Central, Ductless
Air Conditioning
Central Air, Wall/Window Unit(s)
Exterior Construction
Frame, Wood Siding
Exterior Features
Sidewalk
Roof
Shingle
Foundation
Crawlspace, Slab
Pool
No Pool
Garage Carport
None
Garage Features
Guest, None, On Street, Open
Elementary School
West Zephyrhills Elemen-Po
Middle School
Raymond B Stewart Middle-Po
High School
Zephryhills High School-PO
Pets
Allowed
Flood Zone Code
X
Parcel ID
11-26-21-0010-15700-0060
Legal Description
CITY OF ZEPHYRHILLS AS PER PLAT OF TOWN OF ZEPHYRHILLS PB 1 PG 54 LOTS 6 7 & 8 LESS NLY 641/2 FT THEREOF BLOCK 157 OR 9061 PG 2716

Listing courtesy of DALTON WADE INC. 888-668-8283

Selling Office: DALTON WADE INC.

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