185 Fulton Street Ne, LARGO, FL 33771
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Priced at Only: $899,000
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Address: 185 Fulton Street Ne, LARGO, FL 33771
Property Location and Similar Properties
- MLS#: TB8312488 ( Multi-Family )
- Street Address: 185 Fulton Street Ne
- Viewed: 338
- Price: $899,000
- Price sqft: $292
- Waterfront: Yes
- Wateraccess: Yes
- Waterfront Type: Pond
- Year Built: 1971
- Bldg sqft: 3080
- Bedrooms: 8
- Total Baths: 4
- Days On Market: 114
- Additional Information
- Geolocation: 27.9181 / -82.7539
- County: PINELLAS
- City: LARGO
- Zipcode: 33771
- Subdivision: Largo Lake Apts
- Elementary School: Belcher Elementary PN
- Middle School: Largo Middle PN
- High School: Largo High PN
- Provided by: CENTURY 21 RE CHAMPIONS
- Contact: Evan Perrett
- DMCA Notice
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Description$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. Dont miss your chance to bring this building to its full potential and build serious value in a hot rental market.
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- Nicole Haltaufderhyde, REALTOR ®
- Tropic Shores Realty
- Mobile: 352.425.0845
- 352.425.0845
- nicoleverna@gmail.com