$690,000
$769,000
10.3%For more information regarding the value of a property, please contact us for a free consultation.
6 Beds
2,967 SqFt
SOLD DATE : 03/01/2024
Key Details
Sold Price $690,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,967 sqft
Price per Sqft $232
MLS Listing ID 1004476
Sold Date 03/01/24
Bedrooms 6
HOA Y/N No
Total Fin. Sqft 2967
Originating Board Space Coast MLS (Space Coast Association of REALTORS®)
Annual Tax Amount $4,970
Tax Year 2022
Lot Size 10,811 Sqft
Acres 0.25
Property Description
Very well established and highly profitable 6-unit rental property with excellent occupancy record. Perfect for long-term rentals, (as is established in the community) or destination getaway. Property has been occupied, managed and well maintained by owners for over 30 years, (owner retiring). Located on quiet side street close to shopping, restaurants, nightlife and some of Florida's favorite beaches and is only a short drive to Ybor City & Tampa. Orlando and Disney are a simple day trip. Ample off-street parking, outdoor private & common areas and storage sheds loaded with tools and equipment that will convey. Property includes many updates, upgrades and some furnishings. Excellent income opportunity from day one. Owner can live on property and have rental units pay all their expenses. Some current rent rates are lower than market standard in exchange for tenant assistance with property. $80,000+ potential yearly income.
Location
State FL
County Pinellas
Area 999 - Out Of Area
Direction West on route 60, Gulf to Bay Blvd to right on S. Orion Ave. Property is on left. No sign on property.
Interior
Heating Electric, Separate Meters, Varies by Unit, Individual
Cooling Central Air, Electric, Multi Units, Separate Meters, Varies by Unit, Wall/Window Unit(s)
Furnishings Partially
Appliance Dryer, Electric Range, Ice Maker, Microwave, Refrigerator, Washer
Laundry Common Area
Exterior
Exterior Feature Courtyard
Garage Additional Parking, Off Street
Fence Fenced
Pool None
Utilities Available Cable Connected, Electricity Connected, Sewer Connected, Water Connected, Separate Electric Meters
Amenities Available None
Waterfront No
View Other
Roof Type Membrane,Shingle
Present Use Multi-Family
Street Surface Asphalt
Road Frontage City Street
Parking Type Additional Parking, Off Street
Garage No
Building
Faces East
Story 1
Sewer Public Sewer
Water Public
Level or Stories One
Additional Building Shed(s)
New Construction No
Others
Senior Community No
Tax ID 13/29/15/82584/003/0050
Security Features Smoke Detector(s)
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
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Bought with Non-MLS or Out of Area
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