199 Fulton STREET NE, LARGO, FL 33771 | MLS# TB8312471 | Mamba Realty

LARGO, FL 33771 199 Fulton STREET NE

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Presented By: CENTURY 21 RE CHAMPIONS with 727-398-2774. - 727-398-2774
  • MLS# TB8312471
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  • Beds • 8
  • Baths • 4
  • SQFT • 3,040

Home Details

Turnkey fully occupied 4-unit apartment building located right off east bay and Keene rd. Extremely desirable rental location, next to the new drive thru wawa, raising canes, new shopping centers being built, new largo townhall almost completed. This area is growing exponentially with major investments coming within minutes of this location. Walking distance to shopping malls, banks, grocery stores, schools, etc... BONUS- property is on a lake with 62 feet of water frontage! 3 units are rented at $1,500/month, while the 4th unit was recently renovated and is pulling in a premium $2,500/month! That’s proof of the earning potential awaiting you with the remaining units. Owner's expenses are taxes, insurance, a monthly repair budget, and water, trash, sewer are included in the rents. All units are 2 bedroom / 1 bath with laundry/storage rooms, all have tile flooring throughout. Recent upgrades include a new drainage system for the lake in the back, exterior paint, and updated lighting. This is a cash-flowing property with substantial upside. Don’t miss your chance to bring this building to its full potential and build serious value in a hot rental market. Seller has another identical 4 unit listed with our office for sale next door 185 Fulton St (MLS #TB8312488) they prefer to sell together for a total of 8 units. One or both of the buildings can be bought, fixed, and flipped for a handsome profit, or you can add value, refinance, and hold these assets as cash flowing rentals. Call for more information on the property. All information must be verified by buyer and their agent.
Presented By: CENTURY 21 RE CHAMPIONS with 727-398-2774. - 727-398-2774

Interior Features for 199 Fulton STREET NE

Bedrooms

Total Bedrooms8

Bathrooms

Total Baths4

Other Interior Features

LivingAreaSourcepublic records
Air Conditioning Y/NYes
Fireplace Y/NNo
Flooringtile
Heating Y/NYes
Laundry Featuresinside

General for 199 Fulton STREET NE

Additional Parcels Y/NNo
Additional Roomsinside utility, storage rooms
Appliancesmicrowave, range, refrigerator
Building Area Unitssquare feet
Carport Y/NNo
Citylargo
Construction Materialsblock, stucco
Coolingcentral air
Countypinellas
Directionsgoing west on east bay, turn on to fulton street, building is on the right hand side
Disclosureslead paint, other
Elementary Schoolbelcher elementary-pn
Exterior Featuresfenced, lighting, sidewalk, sliding doors, storage
FULLfee simple
Flood Zone Codex
Flood Zone Code XY
Garage Y/NNo
Gross Income84000
HOAYes
Heatingcentral
High Schoollargo high-pn
Interior Featuresceiling fan(s), kitchen/family room combo, walk-in closet(s)
Land Lease Y/NNo
Lease Considered Y/NYes
Legal Descriptionlargo lake apartments lot 11
Levelsone
Listing Termscash, conventional
Living Area Unitssquare feet
Lot Size Square Feet9248
Lot Size Unitssquare feet
MLS Area33771 - largo
Middle/Junior High Schoollargo middle-pn
Minimum Lease1-7 days
ModificationTimestamp2024-12-03t11:50:30.113z
New ConstructionNo
NumberOfUnitsTotal4
Occupancy Typetenant
Patio/Porch Featuresside porch, wrap around
Pets Allowedyes
Possessionclose of escrow
Property Subtypequadruplex
Property Typeresidential income
Roofshingle
Senior Community Y/NNo
Sewerpublic sewer
Standard Statusactive
Statusactive
Subdivision Namelargo lake apts
Tax Annual Amount5872
Tax Lot11
Tax Year2023
Tenant Payselectricity
Total Actual Rent7000
Utilitiescable connected, electricity connected, public, sewer connected, water connected
Viewwater
Virtual TourClick here
Water Access Typepond
Water Access Y/NYes
Water Viewpond
Water View Y/NYes
Waterfront Featurespond
Waterfront Y/NYes
Year Built1971

Exterior for 199 Fulton STREET NE

Building Area Total3080
Foundation Detailsslab
Lot Featuressidewalk
Lot Size Acres0.21
Lot Size Area9248
Number of Buildings1
Open Parking Y/NYes
Parking Featuresassigned, oversized, parking pad
Private PoolNo
Road Surface Typeasphalt
Water Sourcepublic

Additional Details

Price History

Schools

High School Largo High-PN
Middle School Largo Middle-PN
Elementary School Belcher Elementary-PN

Jehad Bader

Broker
Price $999,000
MLS#TB8312471
Property Type Income
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