185 FULTON ST NE, LARGO, FL, 33771
$799,000
Residential Income
|
Bedrooms
8
|
Bathrooms
4
|
Living Area
3,040 Sqft
|
Lot Size
9,230 Sqft
|
$200,000 price reduction!! Seller motivated! Turnkey 4 unit apartment building located off East bay and Keene rd. Priced at a 7.1 cap, all 4 units are rented at $1,600/month. Bringing in $6,400 month and $76,800 annually. 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 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.
Property Details
| Property Features | Property Features | |||
|---|---|---|---|---|
| MLS ID: | MFRTB8312488 | Year Built: | 1971 | |
| Appliances: | Microwave, Range, Refrigerator | Construction Materials: | Block, Stucco | |
| Cooling: | Central Air | Country: | US | |
| Exterior Features: | Fence, Lighting, Sidewalk, Sliding Doors, Storage | Flooring: | Tile | |
| Foundation Details: | Slab | Heating: | Central | |
| Laundry Features: | Inside | Levels: | One | |
| Listing Agreement: | Exclusive Right To Sell | Listing Terms: | Cash, Conventional, FHA, VA Loan | |
| Occupant Type: | Tenant | Other Structures: | Storage | |
| Parking Features: | Assigned, Oversized, Parking Pad | Patio And Porch Features: | Side Porch, Wrap Around | |
| Possession: | Close Of Escrow | Property Sub Type: | Quadruplex | |
| Property Type: | Residential Income | Road Responsibility: | Public Maintained Road | |
| Road Surface Type: | Asphalt | Roof: | Shingle | |
| Sewer: | Public Sewer | Showing Requirements: | Call Listing Agent, Do Not Contact Tenants, Lockbox | |
| Special Listing Conditions: | None | Standard Status: | Active | |
| State Or Province: | FL | Tenant Pays: | Electricity | |
| Utilities: | Cable Connected, Electricity Connected, Public, Sewer Connected, Water Connected | View: | Water | |
| Water Source: | Public | Waterfront Features: | Pond | |
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