Exceptional investment opportunity with immediate upside and located just minutes from the gulf beaches! This fully leased triplex is currently generating $4,425 each month with the opportunity to increase rental income immediately. A new roof was installed in 2023 on the 1/1 building. In addition to the existing income upside,… Read More the two 1/1 units provide an excellent value-add opportunity with cosmetic updates that can further increase rents and overall property value. The property features one updated 2/1 unit (rented below market at 1,500 but could rent for 1,600) and two 1/1 units (rented at 1,425 and 1,500), offering an ideal opportunity for both seasoned investors and buyers looking to house hack/ live in one unit while the rental income from the other two helps offset their mortgage and living expenses. The updated 2/1 unit features newer windows, appliances, and flooring providing a move-in-ready option. The 2/1 unit will be vacant upon closing.Whether you're looking to expand your investment portfolio or purchase your first income-producing property, this triplex offers immediate cash flow, multiple avenues for increased returns, or the opportunity to significantly reduce your housing costs by living on-site. Read Less
Courtesy of COPELAND MORGAN LLC 727-235-7988
Listing Snapshot
Days Online
100
Last Updated
Property Type
Triplex
Beds
4
Square Ft.
1,375
Lot Size
0.16 Acres
Year Built
1948
MLS Number
TB8532067
Additional Details
Property Access
Road Responsibility: Public Maintained Road, Road Surface: Asphalt, Concrete
Appliances & Equipment
Dishwasher, Refrigerator, Other equipment: Private Entrance, Private Yard
Building
Built in 1948, Living area: 1375, Living area units: Square Feet, Levels: One, Construction Materials: Cement Siding
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