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Key Details
Sold Price $350,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,202 sqft
Price per Sqft $158
Subdivision Bon Air
MLS Listing ID U8066521
Sold Date 01/31/20
Construction Status No Contingency
HOA Y/N No
Year Built 1920
Annual Tax Amount $5,849
Lot Size 0.270 Acres
Acres 0.27
Property Description
Excellent home or investment opportunity. 2 of the units are currently rented. 1 (upper back) is vacant but management is actively seeking a tenant so it may be rented at any time. Current tenants have leases that will need to be honored buy any purchaser. The owner pays for the water (about $2,000/yr) and yard upkeep ($900/yr). The expenses included 1019 taxes. They included management, escrow for repairs, 10% vacancy etc. so the 5% return on investment estimate should be reasonable. It may be possible for the "shed" to be converted back into a viable rental unit since it does have a separate electric meter but we did not pursue that possibility. The vacant lot next door is incl. w\ this parcel- is partially paved- used for parking along w/ small portion separated out for the front house's personal use. 3/1 House w/den has 946 htd-newer kitchen (10x10)+breakfast nook 6x6, bath, windows, roof & AC. LR 13x15,Dining 7x13; bedrms both 11x12; den 8x11. Laundry closet with front load stacked w/d.
Each apt has 580 sqft Some of the pictures were taken before a tenant moved in.
The properties on either side are available listed separately.
Upper unit - the vacant one: new carpeting in living area and bedroom. French doors from enclosed porch into living room. Storage area off the kitchen has water heater plus room for storage. Window a/c units,
Lower unit - enter into living area currently being used as extra bedroom. Kitchen has space for table/chairs. Window a/c units. Some updates to bathroom.
Location
State FL
County Pinellas
Community Bon Air
Direction N
Rooms
Other Rooms Den/Library/Office, Florida Room, Inside Utility
Interior
Interior Features Ceiling Fans(s), Crown Molding, Eat-in Kitchen, High Ceilings, Living Room/Dining Room Combo
Heating Central, Electric
Cooling Central Air
Flooring Tile, Wood
Fireplaces Type Living Room, Wood Burning
Fireplace true
Appliance Dishwasher, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Washer
Laundry In Kitchen
Exterior
Exterior Feature Fence
Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Public, Sewer Connected, Street Lights
Waterfront false
Roof Type Shingle
Garage false
Private Pool No
Building
Lot Description Corner Lot, City Limits, Paved
Foundation Crawlspace, Slab
Lot Size Range 1/4 Acre to 21779 Sq. Ft.
Sewer Public Sewer
Water Public
Structure Type Wood Frame,Wood Siding
New Construction false
Construction Status No Contingency
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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Tony Giglio
Principal Broker | License ID: 3588319
Principal Broker License ID: 3588319