$385,000
Pending · 127 days on market · MLS# MFRTB8377627
| Bedrooms | 4 |
|---|---|
| Living area | 1,652 sq ft |
| Lot size | 0.16 acres |
| Year built | 1972 |
| Property type | Duplex |
| Private pool | Yes |
| Waterfront | Yes |
| Annual taxes | $4,238 |
| County | Pinellas |
Under contract-accepting backup offers. Exceptional opportunity to own a well-maintained, income-producing duplex in a prime rental market. Features include a 2019 roof and AC, along with a new electrical panel (2021). Separate electric meters—tenants pay their own utilities—keeping landlord involvement minimal. Currently generating $2,900/month ($34,800/year) in rental income, with value-add potential by increasing below-market, month-to-month rents. No flood insurance required. Priced at approximately $192,500K a door with a solid 7% cap rate as-is. Ideal for investors seeking low maintenance and steady cash flow. Don’t miss this must-see investment!
Listing courtesy of Dustin Anderson, HOMESCENE REALTY. Presented by MC Homes Realty Inc · 727432218.