Ignite FB Tracking Pixel185 Fulton Street NE, Largo, FL 33771 - Relocate
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listing
1 of 31
Residential IncomeFor Sale
$899,000
185 Fulton Street NE
Largo, FL 33771
Listed by: Century 21 Re Champions, (727) 301-8042
MLS: Stellar MLS
8Beds
4Baths
3,040Sq Ft
Est. Mortgage
$4,740/mo

$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. Don’t miss your chance to bring this building to its full potential and build serious value in a hot rental market.

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Listing provided by Century 21 Re Champions
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