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Key Details
Sold Price $495,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,826 sqft
Price per Sqft $175
Subdivision Colfax City
MLS Listing ID U8126692
Sold Date 07/14/21
Construction Status Financing,Inspections
HOA Y/N No
Year Built 1971
Annual Tax Amount $5,801
Lot Size 0.320 Acres
Acres 0.32
Lot Dimensions 120x116
Property Description
*Multiple Offers. H/B Due Sun 6/13 at 5pm EST.* FANTASTIC FOUR-PLEX, NO flood zone!! Room to INCREASE RENTS! One story block four-plex in a great residential neighborhood. Lot size is 120 x 116. This property is extremely well maintained and is perfect for the investor or live-in landlord. 2-2 bed/1 bath & 2- 1 bed/ 1 bath units. Each unit has its own electric meter, water heater, appliances and separate HVA/C system. Separate laundry with coin operated washer & dryer. Plenty of off-street parking (10 spaces including carport), close to I-275, loads of shopping, schools, parks, etc.
UPDATES: #1 has new bathroom recently work on and new AC in and out (evaporator and compressor-you called them
differently) was installed #2 was very recently refreshed, new appliances replaced old ones and the AC compressor was replaced #3 Unit was refreshed, new outside windows replaced, AC units in and out were replaced in the past 3 years, new appliances were purchased.
#4 New entrance door, front window replaced with lot bigger window, and new bathroom and kitchen completely refurbished including new appliances.
A new AC unit with a bigger heating coil unit was installed a few years back.
Most appliances were replaced in every unit, and new washing and drying "coin units" replaced in the common washroom/laundry area recently
A new roof was installed approx 2010-2011.
#1,rent $700, lease expires Sept 21
#2,rent $750, lease expired May 21
#3, rent $650, one bdr, lease expires June 21
#4 in front ,biggest 1 bdr. $750, lease expired
Expenses: Insurance $3,740, Taxes $5,570, Utilities $3,818
Gross income - 36,000. NOI - 22,872
Location
State FL
County Pinellas
Community Colfax City
Direction N
Interior
Heating Central
Cooling Central Air
Fireplace false
Exterior
Exterior Feature Other
Utilities Available Sewer Connected, Water Connected
Waterfront false
Roof Type Shingle
Garage false
Private Pool No
Building
Foundation Slab
Lot Size Range 1/4 to less than 1/2
Sewer Public Sewer
Water Public
Structure Type Block,Brick
New Construction false
Construction Status Financing,Inspections
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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Bought with EXP REALTY, LLC
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Kevin Tison
Broker Associate | License ID: BK626101
Broker Associate License ID: BK626101