$950,000
$995,000
4.5%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
3 Baths
3,459 SqFt
SOLD DATE : 11/15/2024
Key Details
Sold Price $950,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,459 sqft
Price per Sqft $274
Subdivision Davis Islands Pb10 Pg52 To 57
MLS Listing ID TB8311892
Sold Date 11/15/24
Bedrooms 4
HOA Y/N No
Originating Board Stellar MLS
Year Built 1952
Annual Tax Amount $12,605
Lot Size 6,098 Sqft
Acres 0.14
Lot Dimensions 63x100
Property Description
Exceptional Triplex on Davis Islands. First time offered. This expansive two-story duplex features two well-appointed 2-bedroom, 1-bath apartments, each offering 1,300 sq. ft. of living space. Additionally, there is a separate building that includes a charming studio apartment. The upstairs unit is ideally suited for an owner-occupied residence. OR a condo-conversion. The property boasts an on-site laundry room and an attached two-car covered carport. With hardwood and terrazzo/tile flooring throughout and central air conditioning, this solid concrete building has maintained a 100% occupancy rate for over 30 years, although the current rents are below market value, presenting a significant opportunity for value enhancement. The existing tenants are on month-to-month leases, with one unit currently occupied and two units vacant, allowing for immediate remodeling or resetting. Please note there was water intrusion from Hurricane Helene in the first-floor units. This property represents an excellent opportunity to customize as a rental investment or primary residence. The zoning is RM-24, and the lot size measures 63 x 100.
Location
State FL
County Hillsborough
Community Davis Islands Pb10 Pg52 To 57
Zoning RM-24
Interior
Interior Features Ninguno
Heating Central
Cooling Central Air
Fireplace false
Laundry Common Area, Laundry Room
Exterior
Exterior Feature Fence, Irrigation System, Rain Gutters, Sidewalk
Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Public, Sewer Connected, Sprinkler Meter, Water Connected
Roof Type Shingle
Garage false
Private Pool No
Building
Foundation Slab
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Block
New Construction false
Others
Senior Community No
Ownership Fee Simple
Special Listing Condition None
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11923 Oak Trail Way, Richey, Florida, 34668, United States