Photo 1 of 1
$490,000
Sold on 10/25/16
Beds |
Baths |
Sq. Ft. |
Taxes |
Built |
|
0.00 |
6,940 |
$6,563 |
1970 |
On the market:
183 days
|
View full details, 15 photos, school info, and price history
Excellent investment opportunity! 8 unit apartment building. All units have 2 bedrooms. 6 units with 2 bedrooms/1 bath and 2 larger units with 2 bedrooms/1.5 baths. Tile floors. Separate electric meters and separate central heat and air systems for each unit. Gross income $75K; this can easily increase by $5K upon lease renewals. 8% Cap Rate INCLUDING management fee and all key bank evaluated expenses. Located less than a quarter mile from Dunedin Middle School, Dunedin City limit and bus route lines. Walgreens located within half mile and other shopping and restaurants within a mile. Clearwater Beach is less than 5 miles away. Surrounded by single family homes. Recent survey available. Please DO NOT disturb the tenants.
Listing courtesy of Bill Owens, BAY VISTA REALTY & INVESTMENTS