$282,000
$282,000
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2,026 SqFt
SOLD DATE : 04/15/2020
Key Details
Sold Price $282,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,026 sqft
Price per Sqft $139
Subdivision Gulf Terrace
MLS Listing ID U8074023
Sold Date 04/15/20
Construction Status No Contingency
HOA Y/N No
Year Built 1971
Annual Tax Amount $2,046
Lot Size 8,712 Sqft
Acres 0.2
Lot Dimensions 60x142
Property Description
ATTENTION: Nice duplex with two 2BR,1-bath units with carports and laundry. Fenced yard, pristine interiors, ready to move in and rent one side or make ready for tenants. Convenient location near the Ulmerton Road corridor and only about 10 minutes from the beach. Currently used as a residence / in-law so there are no tenants. Projected rents at around $1300 / unit. Projected NOI around $27,000 annual, Projected around a 9% cap rate. Priced at 9 times projected gross. (rents are projected using a 3rd party application, buyer assumed responsibility to verify their own projected rent)
Location
State FL
County Pinellas
Community Gulf Terrace
Direction SW
Interior
Heating Central
Cooling Central Air
Fireplace false
Exterior
Exterior Feature Fence, Storage
Utilities Available Public
Waterfront false
Roof Type Shingle
Garage false
Private Pool No
Building
Entry Level One
Foundation Slab
Lot Size Range Up to 10,889 Sq. Ft.
Sewer Public Sewer
Water Public
Structure Type Block
New Construction false
Construction Status No Contingency
Schools
Elementary Schools Ridgecrest Elementary-Pn
Middle Schools Seminole Middle-Pn
High Schools Largo High-Pn
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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Bought with CHARLES RUTENBERG REALTY INC
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Broker Associate | License ID: 3036559