Listing Courtesy of: Evan Perrett - CENTURY 21 RE CHAMPIONS
727-398-2774
$999,000
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199 Fulton Street NE Largo, FL 33771
Fourplex
Residence
8
Beds
4
Baths
...
Bed/Bath
3,080
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
Views
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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 investme...nts 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.
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MLS#
TB8312471
Property Type
Fourplex
Bedrooms
8
Bathrooms
Year Built
1971
Square Feet
3,080
sq. ft
Stories
1.0
Sewer
Public Sewer
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