This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

37107 Main Ave

6 Unit Apartment Building $1,204,708 CAD ($200,785 CAD/Unit) 5.50% Cap Rate Dade City, FL 33523

Investment Highlights

  • • Fully Rented: Each triplex unit is fully occupied by reliable tenants, ensuring immediate and consistent rental income.
  • • Well-Maintained: Both units are in excellent condition, showcasing thoughtful upgrades and a strong track record of upkeep.
  • • Rare Availability: Opportunities like this are seldom on the market—don’t miss your chance to own a piece of this high-demand area.

Executive Summary

Investment Opportunity: Rarely Available Triplex Units in Prime Location
Welcome to a unique investment opportunity! This exceptional property features two fully rented triplex units, perfectly situated in a highly sought-after location. These well-maintained units offer the ideal blend of stability and growth potential for any discerning investor.

Property Facts

Price $1,204,708 CAD
Price Per Unit $200,785 CAD
Sale Type Investment
Cap Rate 5.50%
Gross Rent Multiplier 7.4
No. Units 6
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.34 AC
Building Size 1,984 SF
Average Occupancy 100%
No. Stories 1
Year Built 1975
Parking Ratio 4.03/1,000 SF

Unit Amenities

  • Air Conditioning
  • Kitchen
  • Refrigerator

Site Amenities

  • Courtyard

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 4 $1,276 CAD -
1+1 2 $1,205 CAD -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
27-24-21-0150-00000-0090
Land Assessment
$65,653 CAD
Improvements Assessment
$413,151 CAD
Total Assessment
$478,804 CAD

zoning

Zoning Code RG1 (Multifamily Residential)
RG1 (Multifamily Residential)
  • Listing ID: 32698146

  • Date on Market: 2024-08-05

  • Last Updated:

  • Address: 37107 Main Ave, Dade City, FL 33523

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}