185 FULTON ST NE Active Save Request In-Person Tour Request Virtual Tour
Largo,FL 33771
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,040 sqft
Price per Sqft $295
Subdivision Largo Lake Apts
MLS Listing ID TB8312488
Bedrooms 8
HOA Y/N No
Originating Board Stellar MLS
Year Built 1971
Annual Tax Amount $5,872
Lot Size 9,147 Sqft
Acres 0.21
Lot Dimensions 62x150
Property Sub-Type Quadruplex
Property Description
$100,000 price reduction!! Seller motivated! Turnkey 4 unit apartment building located off East bay and Keene rd. 2 units are rented at $2,000/month and other 2 units are rented at $1,600/month. Bringing in $7,200 month and $86,400 annually with room to increase rents all to $2,000/month and bring it up to a gross income of $96,000 annually (7.3 cap rate). Extremely desirable rental location, next to the new largo townhall. This area is growing exponentially with major investments coming within minutes of this location. Easy access to shopping malls, banks, grocery stores, schools, fitness centers etc... BONUS- property is on a lake with 62 feet of water frontage. All units are 2 bedroom / 1 bath with laundry/storage rooms, all units have tile flooring throughout. This is a cash-flowing property with a great bed/bath count in every unit and substantial upside with minimal needed. Don't miss your chance to bring this building to its full potential and build serious value in a hot rental market.
Location
State FL
County Pinellas
Community Largo Lake Apts
Direction NE
Rooms
Other Rooms Inside Utility,Storage Rooms
Interior
Interior Features Ceiling Fans(s),Kitchen/Family Room Combo,Walk-In Closet(s)
Heating Central
Cooling Central Air
Flooring Tile
Fireplace false
Appliance Microwave,Range,Refrigerator
Laundry Inside
Exterior
Exterior Feature Fence,Lighting,Sidewalk,Sliding Doors,Storage
Parking Features Assigned,Oversized,Parking Pad
Utilities Available Cable Connected,Electricity Connected,Public,Sewer Connected,Water Connected
Waterfront Description Pond
View Y/N Yes
Water Access Yes
Water Access Desc Pond
View Water
Roof Type Shingle
Porch Side Porch,Wrap Around
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 Block,Stucco
New Construction false
Schools
Elementary Schools Belcher Elementary-Pn
Middle Schools Largo Middle-Pn
High Schools Largo High-Pn
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash,Conventional,FHA,VA Loan
Listing Terms Cash,Conventional,FHA,VA Loan
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8312488