Residential Property - Single Family Residence in Pinellas Park
Listing Price: $259,000 (Mortgage Calculator →)
Description of Property
Opportunity to acquire an established rental property in Pinellas Park with a tenant already in place. Offering 3 bedrooms, 1 bathroom and approximately 1,396 square feet, this single-family residence currently generates $2,050 per month in rental income, making it an appealing addition to an existing rental portfolio or a larger portfolio acquisition. INVESTOR & PORTFOLIO OPPORTUNITY: This property is tenant occupied and is being offered as part of a larger portfolio of income-producing residential properties throughout Pinellas County. The single-family portfolio is being offered at pricing structured to provide an approximately 6.5% capitalization rate based on current rents and portfolio underwriting assumptions. Seller is seeking investor interest in the acquisition of the entire portfolio, although individual offers may also be considered. Please do not disturb tenants.
Property Details At A Glance
Property Type: Residential
Property Use or Sub Type: Single Family Residence
City: Pinellas Park
County: Pinellas
Subdivision: Schofields
Bedrooms: 3
Bathrooms: 1
Sq. Ft. Gross: 1,508
Sq. Ft. Living Area: 1,396
Cost per (heated) sqare foot: $186
Year built: 1956
Annual Tax: $4,326
Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.
Appliances: Refrigerator
Flooring: Vinyl
Pool & Waterfront Info
Private Pool: Not specified
Exterior & Construction
Construction: Block
Foundation: Slab
Roof: Membrane
Exterior Features: None
Floors Total: 1
Floors in Unit: One
Cooling: Central Air
Heating & Fuel: Electric
Sewer: Public Sewer
Water Source: Public
Lot Information
Lot Size (acres): 0.16
Lot Size (sq. ft.): 6,917 square feet
Lot Dimensions: 54 x 128
Front Exposure: North
Legal Description & Other Information
Parcel Number: 273016789300020020
Tax Legal Desc.: SCHOFIELD'S BLK B, LOT 2
Section: 27
Range: 16
Listing courtesy of COMPASS FLORIDA LLC. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.