$537,000
$585,000
8.2%For more information regarding the value of a property, please contact us for a free consultation.
5 Beds
3 Baths
2,198 SqFt
SOLD DATE : 01/30/2023
Key Details
Sold Price $537,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,198 sqft
Price per Sqft $244
Subdivision Glenside Sub
MLS Listing ID U8179240
Sold Date 01/30/23
Bedrooms 5
HOA Y/N No
Originating Board Stellar MLS
Year Built 1960
Annual Tax Amount $4,407
Lot Size 9,147 Sqft
Acres 0.21
Lot Dimensions 72x135
Property Description
Great property for a “HOUSE HACKING”!! Let someone else Pay Your Mortgage! Live in one unit and use the Rental Income from the other 2 units to qualify for and make your mortgage payment. OR Use it for an EXTENDED Family arrangement. Totally doable in this TRIPLEX. If you rent out ALL 3 units Projected Income is $5,400 to $5,600 a month. (approx. 7 to 8% CAP RATE!!!) There are 2 buildings on this Corner Lot. The Exterior and most interior has been recently painted and is Move In Ready! Both Buildings are BLOCK construction, have NEW Roofs, Updated Electrical and textured walls & ceilings! Newer Exterior doors and some newer interior doors. Sewer pipes were replaced about 6 years ago. The building that faces 73rd Ave North has 2 units… one is a 2 bedroom, 1 bath and the other is a 1 bedroom, 1 bath. Both have a screened-in porches, Terrazzo flooring & Updated Bathrooms. Some of the windows have been replaced with Double Pane windows and a Sliding door has been updated with double pane.
The building facing 7th Street North is a large 2 bedroom, 1 bath with NEW plank flooring, an inside utility room, an island in the Kitchen and a Carport. ALL UNITS have a private back backyard area and washer hookups. (2 units are Fully fenced-in). Fantastic location!! Fossil Park is a mile away. Mangrove Bay Golf Course less than 3 miles. You can get to Downtown St Pete in 15 minutes or less. Think of ALL the fun activities around the New Pier, Vinoy Park and North Shore Park! 30 minutes to Tampa Airport. Several malls, including International Mall within 30 minutes or less.
Location
State FL
County Pinellas
Community Glenside Sub
Direction N
Interior
Interior Features Ceiling Fans(s), Open Floorplan
Heating Central
Cooling Central Air
Fireplace false
Exterior
Exterior Feature Fence, Sliding Doors
Utilities Available Cable Connected, Electricity Connected, Sewer Connected
Roof Type Shingle
Garage false
Private Pool No
Building
Entry Level One
Foundation Slab
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Block
New Construction false
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Special Listing Condition None
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Bought with KELLER WILLIAMS GULFSIDE RLTY
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "