185 Fulton Street NE Largo, FL 33771
Listing Courtesy of: STELLAR / Century 21 Real Estate Champions / Evan Perrett - Contact:  727-398-2774

  185 Fulton Street NE Largo, FL 33771

Active (99 Days)
$899,000
8
BED
4
BATH
3,040
SQFT

Description

$100,000 price reduction!! Seller motivated! Turnkey 4 unit apartment building located off East bay and Keene rd. Priced at a 7.4 cap, 2 units are rented at $2,000/month and other 2 units are rented at $1,600/month. Bringing in $7,200 month and $86,400 annually with room to increase rents all to $2,000/month and bring it up to a gross income of $96,000 annually (8.5 cap rate). Extremely desirable rental location, next to the new largo townhall. This area is growing exponentially with major investments coming within minutes of this location. Easy access to shopping malls, banks, grocery stores, schools, fitness centers etc... BONUS- property is on a lake with 62 feet of water frontage. All units are 2 bedroom / 1 bath with laundry/storage rooms, all units have tile flooring throughout. This is a cash-flowing property with substantial upside with minimal needed. Don’t miss your chance to bring this building to its full potential and build serious value in a hot rental market.

MLS #:
TB8312488
Taxes
$5,872(2023)
Lot Size
9,230 SQFT
Type
Multifamily
Year Built
1971
Views
Water
County
Pinellas County

Listed By

Evan Perrett, Century 21 Real Estate Champions, Contact: 727-398-2774
Source
STELLAR
Last checked Mar 12 2025 at 4:21 AM GMT+0000
Bathroom Details
Interior Features
  • Appliances: Refrigerator
  • Appliances: Range
  • Appliances: Microwave
  • Storage Rooms
  • Inside Utility
  • Walk-In Closet(s)
  • Kitchen/Family Room Combo
  • Ceiling Fans(s)
Subdivision
  • Largo Lake Apts
Property Features
  • Foundation: Slab
Heating and Cooling
  • Central
  • Central Air
Flooring
  • Tile
Exterior Features
  • Stucco
  • Block
  • Roof: Shingle
Utility Information
  • Utilities: Water Source: Public, Water Connected, Sewer Connected, Public, Electricity Connected, Cable Connected
  • Sewer: Public Sewer
School Information
  • Elementary School: Belcher Elementary-Pn
  • Middle School: Largo Middle-Pn
  • High School: Largo High-Pn
Parking
  • Parking Pad
  • Oversized
  • Assigned
Living Area
  • 3,040 sqft
Additional Information: Real Estate Champions | 727-398-2774
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Disclaimer: Listings Courtesy of “My Florida Regional MLS DBA Stellar MLS © 2025. IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any other purpose other than to identify properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified. Last Updated: 3/11/25 21:21