Photo 1 of 21
$347,500
Sold on 10/19/15
Beds |
Baths |
Sq. Ft. |
Taxes |
Built |
5 |
4.00 |
0 |
$2,072 |
1973 |
On the market:
75 days
|
View full details, 15 photos, school info, and price history
Great opportunity on a quadraplex West of 41 and just one mile to Gulf of Mexico. Concrete block construction. First building consists of 3 units; Second building is a 2BR, 1 BA Cottage. All roofs replaced in 2012 and units have had many recent refurbishments (list attached). No deferred maintenance here. Three units are rented and owner resides in 4th (cottage). If 4th unit is rented, the projected annual gross income would be $40,080 (conservatively). Perfect for an Investor or owner/user that wants a stepping-stone property in this desirable neighborhood. Strong rental demand. Being sold "As Is" however owner has completed a seller's disclosure and knows of nothing that adversely affects the property's value. Income/Expense Sheet is attached. Due to conflicting public record information, buyer required to verify all square footage measurements.
Listing courtesy of Susan DeShong, Downing Frye Realty Inc.