$1,199,000

$218/sq ft

$176,000
Price Decreased

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Overview

Year Built

1984

Sqft

5508

Property Description

INCOME PRODUCER! 6-Unit Apartment Complex | Prime Pinellas Park, FL Location Property Highlights: Each unit is a 3 Bedroom / 1 Bath This property offers investors a chance to own a solid cash-flowing multifamily asset in one of Florida’s most desirable rental markets. With all units being spacious 3-bedroom layouts, demand is strong among families and long-term tenants. The new roofs and block construction mean low maintenance and higher returns. Each unit has central H/A, Washer and Dryer hookups and each unit is separately water metered. Large parking lot with 16 spaces, .52 MOL Also, there are large storage shed units that could be additional rent. Situated in the heart of Pinellas County – Strong rental demand with proximity to major employment hubs, retail, schools, and beaches Currently 5 of 6 rented. Ideal for 1031 Exchange.

Property Details

MLS#

TB8427735

Total Floor in Bldg

1

Address

5881 72ND

City

PINELLAS PARK

State/county

FL

Zip/Postal Code

33781

Area

Pinellas Park

Country

United States

HOA

Yes

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$14,189

Maint Fee

$--

Tax Year

2024

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Boris Gelfand