199 Fulton St. NE Largo, FL 33771

Multi-Family (2-4 Units) MLS #: TB83152471 Listed By CENTURY 21 Real Estate Champions

$999,000

8 beds | 1 baths
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Est. Property Tax: $58,720
Estimated monthly payments: $9,260/mo.* (recalculate)
1 Front of building and parking lot

Property InformationDescription

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.
MORTGAGE CALCULATOR

Features

  • Appliances: Microwave, Range / Oven, Refrigerator
  • Bath Features: Tub and Shower
  • Cooling: Central A/C
  • Exterior: Sidewalk
  • Exterior Description: Concrete Block, Stucco
  • Fencing: Fenced Yard
  • General: Ceiling Fan(s)
  • Heating - Fuel Type: Electric
  • Interior: Walk-in Closet
  • Lot Size: Under 1/2 Acre, 0.21 Acres
  • Pre-Wiring: Cable
  • Road Type: City / Town Street
  • Roof: Asphalt Shingle Roof
  • Sewer: Public
  • Style: Other Style
  • Water: Municipal Water

MAP & DIRECTIONS

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199 Fulton St. NE, Largo, FL 33771
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School Information

199 Fulton St. NE, Largo, FL 33771

Other Nearby Schools Distance Type Grades School Rating
Belcher Elementary 1.0 mi Public PK-5 B-
St Pauls School 1.0 mi Private PK-8
Frontier Elementary 1.2 mi Public PK-5 A-
Tampa Bay International School 1.3 mi Private KG-6
Pinellas Gulf Coast Academy 1.4 mi Public 9-12 D-
Pinellas Academy Of Math And Science 1.6 mi Public KG-8 C-
Plato Academy Largo Charter School 1.6 mi Public KG-8 D+
Pinellas Preparatory Academy 1.6 mi Public 4-8 B
Pinellas Primary Academy 1.6 mi Public KG-3
First Lutheran School 1.9 mi Private PK-8
Largo High School 2.0 mi Public 9-12 C-
Clearwater Central Catholic High School 2.0 mi Private 9-12
Largo Middle School 2.0 mi Public 6-8 D
Oak Grove Middle School 2.0 mi Public 6-8 D-
Iva Christian School 2.1 mi Private KG-12
Camelot School 2.1 mi Private PK-5
Ponce De Leon Elementary 2.2 mi Public PK-5 C
Plumb Elementary 2.2 mi Public PK-5 B
Fuguitt Elementary 2.4 mi Public PK-5 B+
Dropout Prevention School 2.4 mi Public PK-12 D-
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Largo, FL 33771

Median Age: 49.7
Married: 35%
Number of Households: 14,818
Households with Children: 19.1%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home