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Key Details
Sold Price $824,900
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,992 sqft
Price per Sqft $414
Subdivision Gulf Shores 6Th Add Rep
MLS Listing ID U8137673
Sold Date 12/03/21
Construction Status Financing,Inspections
HOA Y/N No
Year Built 1948
Annual Tax Amount $6,943
Lot Size 10,454 Sqft
Acres 0.24
Lot Dimensions 145x73
Property Description
Price reduced. Amazing opportunity to purchase this income producing property just a short distance from Madeira Beach, John's Pass Village, and all the local bars, restaurants, and shopping that the area has to offer. All four units have been updated. There is a new roof, electrical, A/C units, plumbing and all was permitted and done by licensed contractors. In addition to the four residences, there is a separate shared laundry room and back yard common area where the tenants can share time together grilling and enjoying the relaxed lifestyle of Madeira Beach. All four units have separate water and electric meters. Another plus is there are no HOA fees. Rents are currently below market, but there is so much upward cash flow potential with this property. Live in one and rent the other three or just rent all four and enjoy the return on your investment. A great location and investment.
Location
State FL
County Pinellas
Community Gulf Shores 6Th Add Rep
Interior
Interior Features Ceiling Fans(s), Kitchen/Family Room Combo, Window Treatments
Heating Wall Units / Window Unit
Cooling Wall/Window Unit(s)
Fireplace false
Exterior
Exterior Feature Awning(s), Shade Shutter(s)
Utilities Available Public
Waterfront false
Roof Type Shingle
Garage false
Private Pool No
Building
Foundation Slab
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Block,Stucco
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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© 2024 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Bought with DALTON WADE INC
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