Description
Welcome to this fantastic triplex in central Pinellas! This property is a unique find, offering three 2/1 units, two which have their own garage. All units are currently rented on month to month leases to long term tenants. Market rent could be substantially higher once units A & C are updated, leaving plenty of upside for the new owners. Tenants pay all their own utilities. The large backyard has both a carport & storage shed, both which have electricity, and is currently being rented out to a landscaper at $300/month. The roof is from 2010. Two of the HVACs are on the newer side (2018 & 2019). Main electrical panel is from 2015. This property recently passed a 4pt. inspection and appraised at 575k. This triplex offers steady rental income and the opportunity for future appreciation in unincorporated Pinellas (minimal restrictions on short term rentals). This makes it an ideal location for tenants who want to live in a convenient and accessible area. To keep from disturbing the tenants, showings will only be done once there is an executed contract.
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6BEDS
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0.37ACRES
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0BATHS
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01/2 BATHS
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2,340SQFT
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$246$/SQFT
School Ratings & Info
Description
Welcome to this fantastic triplex in central Pinellas! This property is a unique find, offering three 2/1 units, two which have their own garage. All units are currently rented on month to month leases to long term tenants. Market rent could be substantially higher once units A & C are updated, leaving plenty of upside for the new owners. Tenants pay all their own utilities. The large backyard has both a carport & storage shed, both which have electricity, and is currently being rented out to a landscaper at $300/month. The roof is from 2010. Two of the HVACs are on the newer side (2018 & 2019). Main electrical panel is from 2015. This property recently passed a 4pt. inspection and appraised at 575k. This triplex offers steady rental income and the opportunity for future appreciation in unincorporated Pinellas (minimal restrictions on short term rentals). This makes it an ideal location for tenants who want to live in a convenient and accessible area. To keep from disturbing the tenants, showings will only be done once there is an executed contract.
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