*3D TOUR/FLOOR PLANS: https://www.zillow.com/view-imx/8bec680c-787d-48f5-9d95-afe5c0e6a4e3?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard. *FINANCIALS & FLOOR PLANS -(see mls attachments/realtor remarks) *PROPERTY WEBSITE: coming soon *(CHECK BACK MLS FOR UPDATES/ADDITIONAL INFO - REALTOR REMARKS, SHOWING TIME, ATTACHMENTS) *RECENT APPRAISAL AT YR-END 2023 ABOVE LIST PRICE, SURPASSING VALUE AT OVER $355K; & IS INSURABLE, PASSED 4-PT INSPECTION! An INVESTORS' DREAM - RENOVATED, TURNKEY, POSITIVE CASH-FLOWING, RESIDENTIAL & ADDITIONAL INCOME-PRODUCING UNIT with STRONG RENTAL INCOME presents an OUTSTANDING INVESTMENT OPPORTUNITY at a sought-after PRIME LOCATION, NO FLOOD ZONE! *BOTH UNITS currently generating BELOW-MARKET RENTS OF $1800+1350/mo. totaling $3150/mo. or $37800 annually. Leases till May (main house)/June (studio) 2024 (POTENTIAL TO INCREASE RENTS THIS YEAR to $2000+$1450=$3450/mo., or $41400 annually). Seller already requested studio rent increase $100/mo. Property comprises 2 SEPARATE BUILDINGS/UNITS (an inviting MAIN HOUSE with 3BDS/1BTH, & LARGE DETACHED SPACIOUS STUDIO/MOTHER-IN-LAW SUITE - 1 BTH), each unit offering privacy & comfort. A delightful YARD features extra storage, room for entertaining guests, sweet mangoes tree providing serene outdoor space. A RARE FIND, presenting MULTIPLE POSSIBILITIES, whether new/add to existing portfolio: (renting out both units, living-in one & renting out the other, accommodating multigenerational family living, utilizing as additional home office or guest house). Everything had been meticulously remodeled for you already, just collect rent! (Buyer(s) can choose to do some light cosmetics if would like to, but otherwise it's rent-ready). Both units feature new kitchen/kitchenette, solid wood shaker cabinets with soft close, upgraded countertops, modern appliances, refurbished bathrooms, luxury waterproof vinyl plank flooring, green electric features enhancing energy efficiency with led lights inside & motion solar power lighting outside, new fans & front doors. Other upgrades include repaired stucco & back door, partially rewired house & redone studio plumbing. Situated in a thriving neighborhood with ongoing updates & new builds, this property offers endless opportunities catering to diverse interests with proximity to an array of attractions & amenities. There are LOTS TO SEE/DO, SHORT DRIVE/WALK/BIKE to nearby - whether in mood for something quiet/exciting, days/nights, many available options! Located near: - CLEARWATER BEACH (~10 mins, 4.6 mi.), & WORLD RENOWNED WHITE SAND GULF BEACHES just minutes away, - DOWNTOWN CLEARWATER (~4 mins, 1.3 mi.), - DOWNTOWN DUNEDIN (~5 mins., 2.3 mi.). Beach/downtown lovers get best of both worlds! Plenty of shopping, dining experiences, vibrant entertainment options (arts, music, festivals, cultural, shows, sports/games), outdoor activities for nature enthusiasts (water sports, Pinellas Trail ~ 2 blocks away, other nature parks/trails - walk/bike). Additionally, property is conveniently located near: medical centers, schools, libraries, public transportation & major airports. Seller will assist buyers with smooth transition if needed. Also offering a 1-yr home warranty incentive on all electrical appliances & hvac system, termites treatment by professional with 25 yrs warranty. NOW IS YOUR CHANCE, DON'T MISS THIS EXCEPTIONAL OPPORTUNITY! (Virtual staging has been utilized for 1/+ photos, buyer(s) to verify all measurements).
Property Type :
Residential
Subdivision :
Avondale
County :
Pinellas
Style :
Residential
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ByOwner last updated this listing 05/03/2024 @ 06:20
MLS: MFRMLS #U8229986
LISTED BY: Andrea Choi, COLDWELL BANKER REALTY
SOURCE: MFRMLS (My Florida Regional MLS DBA Stellar MLS)
Buyer Agency Compensation: 2.5%-$599
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.
