$590,900
$599,900
1.5%For more information regarding the value of a property, please contact us for a free consultation.
4,056 SqFt
SOLD DATE : 01/25/2021
Key Details
Sold Price $590,900
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 4,056 sqft
Price per Sqft $145
Subdivision Dexter Park 1St Add
MLS Listing ID U8103312
Sold Date 01/25/21
HOA Y/N No
Year Built 1958
Annual Tax Amount $4,432
Lot Size 0.310 Acres
Acres 0.31
Lot Dimensions 85x133
Property Description
Capitalize on the surge of inhabitants moving to Florida with this great opportunity to own an income producing 4-Plex in Dunedin! The 4-Plex is fully occupied! 2 of the tenants are long term, one of which has lived on site for 17 years. The building is well-maintained (roof is 3 years old and all 4 HVAC units are just 2 years old) and can be updated if desired. The building contains a laundry room. The coin operated washer and dryer produce approximately $1,500 in revenue annually and convey with the sale. The current owner has increased rents conservatively over the years. There is potential for additional revenue through increase rents, which are currently under market rates. There is a small pond on the back of the property. The lot is large enough to consider a pool. The property is a short 1.5 miles from downtown Dunedin. Great potential to remodel/update!
Location
State FL
County Pinellas
Community Dexter Park 1St Add
Interior
Heating Central, Electric
Cooling Central Air
Flooring Ceramic Tile
Furnishings Unfurnished
Fireplace false
Appliance Dishwasher, Electric Water Heater, Range, Refrigerator
Laundry Laundry Room
Exterior
Exterior Feature Balcony, Lighting
Parking Features Assigned
Utilities Available BB/HS Internet Available, Cable Available, Electricity Connected, Phone Available, Sewer Connected, Street Lights, Water - Multiple Meters, Water Connected
Waterfront Description Pond
View Y/N 1
Water Access 1
Water Access Desc Pond
Roof Type Shingle
Porch Covered, Front Porch
Attached Garage false
Garage false
Private Pool No
Building
Lot Description City Limits, In County, Level, Sidewalk, Paved
Entry Level One
Foundation Slab
Lot Size Range 1/4 to less than 1/2
Sewer Public Sewer
Water Public
Structure Type Brick
New Construction false
Others
Pets Allowed Yes
Senior Community No
Ownership Fee Simple
Special Listing Condition None
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Bought with THE SHOP REAL ESTATE CO.