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Key Details
Sold Price $550,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,306 sqft
Price per Sqft $166
Subdivision Magnolia Park
MLS Listing ID J918912
Sold Date 10/16/20
HOA Y/N No
Year Built 1939
Annual Tax Amount $4,047
Lot Size 9,583 Sqft
Acres 0.22
Lot Dimensions 54x175
Property Description
Excellent opportunity! Professionally gutted and EVERYTHING renovated in 2014 including the roofs, windows, AC systems, interior walls, composite woodwork and exterior stucco! It's really like purchasing a 6 yr. old complex! 4 of 5 units are leased and the 5th is currently accepting applications. Instant 5 unit cash flow! All units are bright & spacious and ALL feature neutral paint color, IKEA kitchens, lighter granite counter-tops in the kitchen, tile floors throughout, updated plumbing fixtures, and updated electrical! The driveway and parking area were also professionally poured and marked for easy off street parking! Front building features 3 individual units and 1 shared utility room. Unit #1 (approximately 1000 sqft) features a front patio and is a 2 bed 1 bath unit. Unit #2 is a small efficiency studio while Unit #3 is a mid-size (approx 450 sqft) studio with two small patios along the staircase. The utility room is outfitted with 2014 w/d, owners storage cabinets and all 3 water heaters for the building. Back unit houses the final two units and its own utility room with a 2014 w/d set. Located on the bottom floor, Unit #4 (approx 700 sqft) is a 1 bed 1 bath with large walk in shower. This unit also has a substantial front patio for added tenant enjoyment. Unit #5 is a large 2nd floor studio that comes in just under 600 sqft! All units being sold furnished! Strong rental history. Located near downtown Clearwater. Near bus lines and walking distance to Ft. Harrison.
Location
State FL
County Pinellas
Community Magnolia Park
Interior
Heating Central
Cooling Central Air, Mini-Split Unit(s)
Fireplace false
Exterior
Exterior Feature Balcony, Fence, Outdoor Grill, Sidewalk
Utilities Available BB/HS Internet Available, Cable Connected, Electricity Connected, Public, Sewer Connected, Water Connected
Roof Type Shingle
Garage false
Private Pool No
Building
Foundation Crawlspace
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
New Construction false
Others
Senior Community No
Ownership Fee Simple
Special Listing Condition None
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