401 1st Avenue Ne, Largo, FL 33770

$1,485,000
6,852
SqFt

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Sold Price
$1,485,000
List Price
$1,550,000
Status
Sold
Days on Market
6
Closing Date
Jun 19, 2024
MLS#
T3518466
Property Style
Multi-Family
Year Built
1950
Living Area
6,852
Lot Size
24,367
Acres
0.56
Total Acreage
1/2 to less than 1
Legal Subdivision Name
Roosevelt Groves
MLS Area Major
Largo/Belleair Bluffs

Property Description

Well-maintained and managed 11-unit property located at 401 1st Ave NE, Largo, Florida. Situated right next to Largo Park, this income-generating income property offers a coin-operated laundry room for extra cash flow. Most of the units have been renovated or freshly updated, ensuring quick rentals. Whether you’re an experienced investor or looking for a good rental income opportunity, this prime location promises both stability and growth. Act now to secure your slice of Florida real estate success! 1. Most of the units are renovated 2. a new washer and dryer are located in a lounge room, including security cameras. 3. ample of parking spaces in the property 4. all units are first floor 5. there is storage in the property 6. four units have a new roof 7. the property has an immediate turnover and is easy to rent due to its profitable location Financial information including all annual gross and Net income, Expenses and individual unit rents and expenses are available for review. The overall financial information is located in this listing financial information

Additional Information

Taxes
$18343
Annual Gross Income
143520
Community Features
No Deed Restriction
Property Description
One Story
Interior Layout
Ceiling Fans(s)
Interior Features
Ceiling Fans(s)
Floor
Laminate, Tile
Appliances
Electric Water Heater, Range, Range Hood, Refrigerator
Utilities
Electricity Connected, Public, Street Lights
Heating
Central, Electric, Wall Units / Window Unit
Air Conditioning
Central Air
Exterior Construction
Wood Frame
Exterior Features
Lighting, Other
Roof
Shingle
Foundation
Block
Pool
No Pool
Flood Zone Code
X
Parcel ID
34-29-15-76536-002-0010
Legal Description
ROOSEVELT GROVES BLK 2, LOTS 1 THRU 4

Listing courtesy of GILON LEVERT. 857-251-7307

Selling Office: REHM REALTY GROUP LLC.

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