$899,000 • eight bedroom(s) • living size area 3040 sqft • waterfront access
$100,000 price reduction!! seller motivated! turnkey 4 unit apartment building located off east bay and keene rd. priced at a 7.4 cap, 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 (8.5 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 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.Multi Family 8 bedrooms - LARGO LAKE APTS for Sale
185 FULTON NE, LARGO, FL 33771Asking Price$899,000 Change Price$100,000
- 8bdr
- Living 3040sqft
- Lot size 9230sqft
- Taxes: Register to see
- Year Built 1971
-
Days on market:
87 day(s) Original Price:
$999,000-
Price per sqft:
$295.72 Tax Legal Description:
LARGO LAKE APARTMENTS LOT 12Tax Year:
2023-
MLS:
TB8312488 -
Property Type:
Multi Family -
Parking:
Assigned Oversized Parking Pad -
Waterfront:
Yes Waterfront Description:
Pond-
View:
Water
Elementary School:
Belcher Elementary-PNMiddle School:
Largo Middle-PNSenior High School:
Largo High-PN
Construction Type:
StuccoBlockRoof:
ShingleCooling Description:
Central AirHeating Description:
CentralFloor Description:
TileInterior Features:
Walk-In Closet(s)Ceiling Fan(s) Kitchen/Family Room ComboExterior Features:
Lighting Sidewalk Sliding DoorsStorage FencedEquipment/Appliances:
MicrowaveRefrigerator RangeSpecial Listing Conditions:
None
Description
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