$160,000
$189,000
15.3%For more information regarding the value of a property, please contact us for a free consultation.
6 Beds
3 Baths
1,607 SqFt
SOLD DATE : 01/17/2020
Key Details
Sold Price $160,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,607 sqft
Price per Sqft $99
Subdivision Alston Annex
MLS Listing ID U8065068
Sold Date 01/17/20
Bedrooms 6
Full Baths 3
Construction Status Financing,Inspections
HOA Y/N No
Year Built 1966
Annual Tax Amount $2,566
Lot Size 0.310 Acres
Acres 0.31
Property Description
Live For Free! and or get your investor hat on! 3 properties for the price of one on 2 parcels 100'x135'! Under-market rent and still a Cash Cow! Long term tenants in the (1) 3/2 bath mobile home build over=$900 p/m (2) 2/1 single wide mobile=$800 p/m and (3) efficiency apartment=$600 p/m. Current annual income is $27,600, current expenses including utilities, insurance, taxes and maintenance $8550. Net under market income is $19,036. Owner pays utilities for the 2/1 and eff unit, because of 1 meter. 3/2 is on its own meter. Amazing investment opportunity, Under market cap rate is 9%. Fair market rent cap rate could be 11%. Single wide mobile and efficiency are not reflected on the square foot of listing information. All measurements are not exact and most be verified.
Seller will consider owner financing by holding small mortgage note.Seller is listing agents relative.Call for appointment.
Location
State FL
County Pinellas
Community Alston Annex
Zoning R-6
Direction N
Interior
Interior Features Ceiling Fans(s)
Heating Electric
Cooling Wall/Window Unit(s)
Flooring Carpet, Ceramic Tile, Laminate
Fireplace false
Appliance Range, Refrigerator
Exterior
Exterior Feature Fence, Storage
Utilities Available Electricity Connected
Roof Type Metal
Attached Garage false
Garage false
Private Pool No
Building
Entry Level Multi/Split
Foundation Crawlspace
Lot Size Range 1/4 Acre to 21779 Sq. Ft.
Sewer Public Sewer
Water Public
Structure Type Stucco
New Construction false
Construction Status Financing,Inspections
Schools
Elementary Schools Rawlings Elementary-Pn
Middle Schools Pinellas Park Middle-Pn
High Schools Pinellas Park High-Pn
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Other, Private Financing Available
Listing Terms Cash, Other, Private Financing Available
Special Listing Condition None
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