Kotohomes Logo
Kotohomes partnered with:
Dothan Eagle
For Sale For Rent
Advertise
bedrooms
bedrooms
9
bathrooms
bathrooms
6
square feet
square feet
3,409
acreage
Acreage
0.36
open houses
Open Houses
-
year built
year built
1980
full baths
Full Baths
6
half baths
Half Baths
0
ZERO DAMAGE FROM EITHER HURRICANE!!! PHENOMENAL MULTI UNIT INVESTMENT OPPORTUNITY WITH 6 UNITS PRICED FOR AN IMMEDIATE SALE IN A GREAT ST. PETE NEIGHBORHOOD WITH WATER VIEWS!!!! Fully occupied cash generating investment property!!! 3 two bedrooms 1 bath 2 studio 1 one bed one bath, fully occupied currently, opportunity to renovate units and raise rents. $1,300 $1,560 $1,500 $950 $1,000 $1,000 Total: $7,310 per month $87,720 total income per year Expenses: $250 per month for water garbage pickup $94 per month $4,128 annually Taxes $6,800 annually Insurance $4,103 annually, never flooded in the last 20 years! Total expenses annually : $15,031 Net annual profit roughly: $72,689 Opportunity for laundry in the back, no laundry onsite currently, could be income producing laundry building onsite to be built as ADU type building. Upgraded plumbing 4 years ago Upgraded electrical 4 years ago Air condition 4 years old Central air 8% cap rate with opportunity to boost to 9-10% cap rate with rent raise and laundry area addition.
Location
Subdivision DIST:LFPW SEC/TWN/RNG/MER:SEC 06 TWN 31S RNG 16E P
County Pinellas
Elementary School -
Middle School -
High School -
open houses Open houses
None scheduled.
Find out more
Tell us who you are, and we will have someone reach out to you.

By proceeding, you consent to receive calls, texts and voicemails at the number you provided (may be recorded and may be autodialed and use pre-recorded and artificial voices), and email, from Kotohomes, James Bowman Realty, Steven Sallo, and their network of service providers about your inquiry and other home-related matters.

Msg/data rates may apply. This consent applies even if you are on a do not call list and is not a condition of any purchase.

MLS number: TB8302468
Listing agent: Steven Sallo #3550258
Listing broker: Lpt Realty, Llc. (877) 366-2213
Copyright © 2024 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.   [source]
Last update: Friday, November 8 2024 at 11:49 a.m. EST
Kotohomes National