185 FULTON ST NE Active Save Request In-Person Tour Request Virtual Tour
Largo,FL 33771
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,040 sqft
Price per Sqft $328
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 Description
Turnkey 4 unit apartment building located right off east bay and Keene rd. Extremely desirable rental location, next to the new drive thru wawa, raising canes, new shopping centers being built, new largo townhall almost completed. 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. 2/4 units are rented at $1,500 per month and the other 2/4 at $1,600/month. Owner's expenses are taxes, insurance, a monthly repair budget, and water, trash, sewer are included in the rents. All units are 2 bedroom / 1 bath with laundry/storage rooms, all have tile flooring throughout. Recent upgrades include a new drainage system for the lake in the back, exterior paint, updated lighting. This is a cash-flowing property with substantial upside with minimal remodeling needed. Don’t miss your chance to bring this building to its full potential and build serious value in a hot rental market. Seller has another identical 4 unit listed with our office for sale next door 199 Fulton St (MLS #TB8312471) they prefer to sell together for a total of 8 units. One or both of the buildings can be bought, fixed, and flipped for a handsome profit, or you can add value, refinance, and hold these assets as cash flowing rentals. Call for more information on the property.
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
Listing Terms Cash,Conventional
Special Listing Condition None