Address
401 1st AVENUE NE, LARGO, FL
Price
$ 1,550,000
Property Attributes
  • MLS#T3518466
  • TypePending
  • CountyPINELLAS
  • CityLARGO
  • AreaLargo-Belleair Bluffs
  • NeighborhoodRoosevelt Groves
  • Zip33770
  • StyleMulti Family
  • Year Built1950
  • Taxes$ 18343
  • Price$ 1,550,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage6852
  • Lot Size0.56 Acres
Data Source:
Stellar MLS
Property Description

Under contract-accepting backup offers. Well-maintained and managed 11-unit property located at 401 1st Ave NE, Largo, Florida. Situated right next to Largo Park, this income-generating income property offers a coin-operated laundry room for extra cash flow. Most of the units have been renovated or freshly updated, ensuring quick rentals. Whether you’re an experienced investor or looking for a good rental income opportunity, this prime location promises both stability and growth. Act now to secure your slice of Florida real estate success! 1. Most of the units are renovated 2. a new washer and dryer are located in a lounge room, including security cameras. 3. ample of parking spaces in the property 4. all units are first floor 5. there is storage in the property 6. four units have a new roof 7. the property has an immediate turnover and is easy to rent due to its profitable location Financial information including all annual gross and Net income, Expenses and individual unit rents and expenses are available for review. The overall financial information is located in this listing financial information

Price History
4/12/2024 Listed $1,550,000

General Features

Interior Features Ceiling Fan(s)
Sewer Public Sewer
Heating Central,Electric,Wall Units / Window Unit
Cooling Central Air
Utilities Electricity Connected,Public,Street Lights
Roof Shingle
Appliances Electric Water Heater,Range,Range Hood,Refrigerator
Exterior Features Lighting,Other
Security Features Closed Circuit Camera(s),Smoke Detector(s)
Construction Materials Wood Frame
Year Built 1950
Tenant Pays Electricity
Levels One
Property SubType Multi Family
Tax Year 2023
Percent Ownership Fee Simple
Gross Income 143520
County Pinellas
New Construction No
Property Type Residential Income
HOA / Comm Assn No
Subdivision Name ROOSEVELT GROVES
Garage Y/N No
Status Pending
Directions SEE GPS
ModificationTimestamp 2024-04-26T18:36:48.827Z
City LARGO
Buyer Agent Compensation 2%
Disclosures Lead Paint
View Y/N No
Senior Community Y/N No
NumberOfUnitsTotal 11
MLS Area 33770 - Largo/Belleair Bluffs
Lot Size Units Square Feet
Lot Size Square Feet 24367
Waterfront Y/N No
Carport Y/N No
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 18343.87
Ok to Lease 12 Months
Additional Parcels Y/N No
Lease Considered Y/N Yes
Virtual Tour https://www.propertypanorama.com/instaview/stellar/T3518466
Days on Market 6
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Pending
Occupancy Type Tenant
Tax Lot 1
Total Actual Rent 11960
Legal Description ROOSEVELT GROVES BLK 2,LOTS 1 THRU 4
Water Access Y/N No
Water View Y/N No
Flood Zone Code X

Interior Features

Flooring Laminate,Tile
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Laundry Features Common Area,Laundry Room
LivingAreaSource Public Records

Exterior Features

Water Source Public
Lot Size Area 24367
Foundation Details Block
Number of Buildings 6
Building Area Total 7573
Lot Dimensions 192 x 127
Lot Size Acres 0.56
Road Surface Type Asphalt

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Pending Average in 33770

Price
AVG $500K
$1.55M
Taxes
AVG $3,470
$18,343
Visits
AVG 563
553
Data Provided by Inside Real Estate®
Year Built
AVG 1972
1950

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