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Key Details
Sold Price $470,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,407 sqft
Price per Sqft $195
Subdivision Sulphur Spgs Add
MLS Listing ID TB8312018
Sold Date 12/20/24
Construction Status Inspections
HOA Y/N No
Originating Board Stellar MLS
Year Built 1981
Annual Tax Amount $5,318
Lot Size 6,098 Sqft
Acres 0.14
Lot Dimensions 63x95
Property Description
Welcome to this fully occupied triplex, an excellent investment opportunity in a desirable location! This property features three spacious units, each offering 2 bedrooms and 1 bathroom, and generates impressive rental income. Currently grossing $1,400 unit, this triplex provides a total monthly income of $4,200, making it a fantastic option for investors looking to add a profitable asset to their portfolio.Each unit boasts a comfortable and functional layout, with two well-sized bedrooms, a full bathroom, a cozy living area, and an efficient kitchen. The property has been carefully maintained, with recent upgrades to both the roof and the staircase, ensuring durability and safety for years to come. With these improvements, future maintenance costs are minimized, allowing for a smoother investment experience.This property has long-term tenants in place, each paying $1,400 a month. With a steady gross income, this triplex offers reliable cash flow, making it ideal for both seasoned investors and those new to property ownership. The tenants take pride in their units, maintaining clean and comfortable living spaces that contribute to the property's overall appeal. The property includes a newly installed roof and staircase, providing enhanced curb appeal and increased value. The well-kept grounds are a welcoming atmosphere, with ample outdoor space that tenants can enjoy. Located in a growing neighborhood, this triplex is close to local amenities, shopping, dining, and public transportation, attracting tenants who appreciate convenience and accessibility.With rental demand consistently high in this area, there is room for potential rent increases, allowing you to maximize your return on investment. Whether you're looking to diversify your portfolio or expand your existing real estate holdings, this triplex offers a solid foundation for growth. Additionally, the recent improvements add value and decrease the likelihood of major repairs in the foreseeable future.
Don't Miss Out! This triplex is a prime opportunity for investors looking to acquire a property with immediate income potential, low maintenance needs, and significant upside. Schedule your showing today to see how this triplex can fit into your investment goals. Don't miss out on this chance to own a turn-key income-producing property in a thriving community!
Location
State FL
County Hillsborough
Community Sulphur Spgs Add
Zoning RM-24
Interior
Interior Features Kitchen/Family Room Combo
Heating Central
Cooling Central Air
Flooring Carpet, Tile
Fireplace false
Appliance Dryer, Range, Refrigerator, Washer
Laundry Inside
Exterior
Exterior Feature Other
Utilities Available Cable Connected, Electricity Connected, Sewer Connected, Water Connected
Roof Type Shingle
Garage false
Private Pool No
Building
Entry Level One
Foundation Slab
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Stucco
New Construction false
Construction Status Inspections
Schools
Elementary Schools Sulphur Springs-Hb
Middle Schools Sligh-Hb
High Schools Chamberlain-Hb
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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© 2024 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Bought with LPT REALTY
"After my 14-year service to the U.S. NAVY, I have dedicated my life to the real estate industry for the last decade. Now, my mission is to provide you with a smooth and beneficial experience in buying or selling real estate in Central Florida. Call me to learn more."
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