$195,000
$215,000
9.3%For more information regarding the value of a property, please contact us for a free consultation.
1,728 SqFt
SOLD DATE : 02/07/2020
Key Details
Sold Price $195,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,728 sqft
Price per Sqft $112
Subdivision Highland Groves
MLS Listing ID U8054249
Sold Date 02/07/20
Construction Status Appraisal,Financing,Inspections
HOA Y/N No
Year Built 1957
Annual Tax Amount $1,556
Lot Size 5,227 Sqft
Acres 0.12
Lot Dimensions 50x100
Property Description
Knock Knock! START MAKING MONEY ON YOUR REAL ESTATE THE DAY YOU BUY IT!! Turn key Tri-Plex with loyal month to month tenants in place plus great non-lease short-term rental cash-flow. The street name says it all, located walking distance to the lovely Crest Lake Park; Doggy days dog park; and many other local favorite shops and eateries. This nicely maintained tri-plex is also just minutes from downtown and the pristine soft sand beaches of Clearwater. The best things come small packages! The back unit is an efficiency studio (one bedroom & one bath) that is light & bright and comes furnished as a great short term or long-term rental. The other two units in the front & front left of the property all have two separate rooms plus a full kitchen and eating area. The property features plenty of parking for all of the tenants & guests as well as a carport. If you've been looking for the perfect opportunity now to get into real estate investing, or to add to your portfolio this is a great property for you! With about an 8% cap rate currently, this is an investors dream with room to improve! A few modern updates have already been taken care of in the efficiency unit! There are no HOA or CDD fees to effect your bottom line, so you can profit right out the gate. The property & the tenants are easy to maintain and easy to work with. This is opportunity knocking, get it while you can. ;-)
Location
State FL
County Pinellas
Community Highland Groves
Interior
Interior Features Kitchen/Family Room Combo, Thermostat
Heating Central, Wall Units / Window Unit
Cooling Wall/Window Unit(s)
Flooring Ceramic Tile, Tile
Fireplace false
Appliance Range, Refrigerator
Laundry Outside
Exterior
Exterior Feature Fence, Sidewalk
Parking Features Driveway
Utilities Available Cable Available, Electricity Available
Roof Type Shingle
Porch Covered, Front Porch, Patio, Porch, Side Porch
Garage false
Private Pool No
Building
Lot Description Sidewalk, Paved
Entry Level One
Foundation Slab
Lot Size Range Up to 10,889 Sq. Ft.
Sewer Public Sewer
Water Public
Structure Type Block,Brick,Stucco
New Construction false
Construction Status Appraisal,Financing,Inspections
Schools
Elementary Schools Skyview Elementary-Pn
Middle Schools Oak Grove Middle-Pn
High Schools Clearwater High-Pn
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
© 2024 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Bought with PAM RYAN REALTY INC
Find out why customers are choosing LPT Realty to meet their real estate needs!!