Townhome/Townhouse For Sale
Turnkey fully occupied 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. Walking distance to shopping malls, banks, grocery stores, schools, etc... BONUS- property is on a lake with 62 feet of water frontage! 3 units are rented at $1,500/month, while the 4th unit was recently renovated and is pulling in a premium $2,500/month! That's proof of the earning potential awaiting you with the remaining units. 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, and updated lighting. This is a cash-flowing property with substantial upside. 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 185 Fulton St (MLS #TB8312488) 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. All information must be verified by buyer and their agent.Property Details
- Beds: 8
- Baths: 0.0
- Sq Feet: 3040
- Year Built: 1971
- Location: (private lake, pond, creek)
- Acres: 0.210
- Waterfront: Yes
- Waterview: Yes
- Has Pond? Yes
- County: Pinellas County
- Community: LARGO LAKE APTS
- Heat/AC: Central Furnace
- Garage: Assigned, Oversized
- Siding: Block, Stucco
- Roof: Shingle
- Property Taxes: $5,872
- MLS #: TB8312471
Location
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Contact Information:
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Listing Agent: Evan Perrett, Century 21 Real Estate Champions, 727-398-2774, 727-398-2774 Listing Site, Listing Status: Active
Copyright © 2025 Pinellas Suncoast Association of REALTORS®, Inc.. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Ad Statistics:
| Ad Number : | 5600332 |
| Viewed: | 28 times |
| Added: | Dec 02, 2024 |
| Updated on: | Dec 03, 2024 |
| All information provided is deemed reliable but is not guaranteed and should be independently verified. | |
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