Homes for sale - 185 FULTON ST NE, Largo, FL 33771

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Kimberley Jade

kjaderealtor@gmail.com +1(727) 768-4421

$ 899,000

Est. payment | -/mo

8 Beds

4 Baths

3,040 SqFt

Save Virtual Tour

$ 899,000

Est. payment | -/mo

Save Virtual Tour

8 Beds

4 Baths

3,040 SqFt

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

Listed by CENTURY 21 RE CHAMPIONS

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(727) 768-4421

kjaderealtor@gmail.com

3309 W Bay To Bay Blvd

185 FULTON ST NE Largo, FL 33771