$345,000
$359,999
4.2%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
2 Baths
1,448 SqFt
SOLD DATE : 04/08/2024
Key Details
Sold Price $345,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,448 sqft
Price per Sqft $238
Subdivision Vinsetta Park Annex
MLS Listing ID T3486088
Sold Date 04/08/24
Bedrooms 4
Construction Status Financing
HOA Y/N No
Originating Board Stellar MLS
Year Built 1925
Annual Tax Amount $2,145
Lot Size 4,791 Sqft
Acres 0.11
Lot Dimensions 45x112
Property Description
INVESTOR ALERT!... CAPTURE THIS IMMEDIATE HIGH CAP RATE of 11%(+)! This property presents a fantastic income-generating opportunity. Featuring a Single Family Home that consists of 3-bedroom, 1-bathroom ($2200 per month) and a Detached Unit that consists of 1-bedroom, 1-bathroom ($1600 per month). This well-maintained property is generating solid investment returns, with reliable Housing Authority tenants already in place! One of the standout features of this property is the additional square footage currently used for storage, allowing the new owner to explore the possibility of creating a third rental unit, further maximizing the investment potential. Both units have undergone updates to ensure tenant comfort and satisfaction and are on separate water & electric meters. Investing in this property means stepping into a turnkey opportunity with updated units that are cash flowing. Whether you're an experienced investor or just starting out, this property offers a solid foundation for long-term income growth. Don't miss out on this incredible investment opportunity!
Location
State FL
County Pinellas
Community Vinsetta Park Annex
Zoning 0810
Direction S
Rooms
Other Rooms Storage Rooms
Interior
Interior Features Thermostat
Heating Electric, Wall Units / Window Unit
Cooling Central Air, Wall/Window Unit(s)
Flooring Tile
Fireplace false
Appliance Electric Water Heater, Range, Refrigerator
Exterior
Exterior Feature Other
Parking Features Driveway
Utilities Available Electricity Connected, Sewer Connected, Water Connected
Roof Type Shingle
Garage false
Private Pool No
Building
Entry Level Multi/Split
Foundation Crawlspace
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Wood Frame
New Construction false
Construction Status Financing
Others
Pets Allowed Yes
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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Bought with KELLER WILLIAMS ST PETE REALTY
"My job is to find and attract mastery-based advisors to the shop, protect the culture, and make sure everyone is happy! "