Homes for sale - 199 FULTON ST NE, Largo, FL 33771

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Milton Knight, CRS

milton@sunliferealtors.com +1(786) 917-3337

$999,000

Est. payment - /mo

8 Beds

4 Baths

3,040 SqFt

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UPDATED:

12/03/2024 10:35 PM

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 TB8312471

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

Property Description

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.

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

Lot Description Sidewalk

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

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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Listed by CENTURY 21 RE CHAMPIONS

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Milton Knight, CRS

+1(786) 917-3337

Principal Real Estate Broker | License ID: 0663675

Principal Real Estate Broker License ID: 0663675

199 FULTON ST NE Largo, FL 33771

Milton Knight, CRS

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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