$1,995,000
Active · 1041 days on market · MLS# MFRU8210455
| Bedrooms | 0 |
|---|---|
| Living area | 7,736 sq ft |
| Lot size | 1.97 acres |
| Year built | 1969 |
| Property type | Multi-Family 5+ |
| Private pool | Yes |
| Waterfront | Yes |
| Annual taxes | $14,146 |
| County | Pinellas |
The Wyatt Street package consists of units on 5 adjacent properties with 8 rental units for the addresses being 1114,1116,1118 ,1120 and 1128 Wyatt Street on 2.0705 acres more or less with combined heated SQ FT of 7,665 more or less. The combined frontage on Wyatt St is 319 Ft more or less . The yearly annual gross income is $202,260 with annual net income of $166,609 providing over an 8% aprox. return on full asking price. All tenants are on leases except 1116 that is on month to month. Property is located at border of City of Clearwater and City of Largo. Do not go on property or bother tenants. The unit mix is as follows:1114 &1116 have a single family home ,1118 has 2 single family homes=2 units, 1120 has 1 single family home and a duplex with 2 units= 3 units and 1128 has 1 single family home =1 unit Total units are 8 rental units totaling 7,665 heated SQ FT on 5 separate adjoining properties of a combined 1.97 acres. All measurements and financials would need to be verified by prospective buyer. Also this offering would make a great 1031 exchange.
Listing courtesy of Frank Aggio, EQUITY PRO REALTY. Presented by MC Homes Realty Inc · 727432218.