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513 5TH AVE NE Largo, FL 33770
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Key Details
Sold Price $234,500
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,932 sqft
Price per Sqft $121
Subdivision Roosevelt Groves
MLS Listing ID U8040619
Sold Date 06/19/19
Construction Status Inspections
HOA Y/N No
Year Built 1978
Annual Tax Amount $1,196
Lot Size 6,098 Sqft
Acres 0.14
Lot Dimensions 48.2' x 128.5'
Property Description
Duplex For Sale - great turn-key investment opportunity in a super location! Situated on a quiet, tree-lined street in central Largo, this property is just a short walk to the newly re-constructed Largo High School and Largo’s popular Central Park. It is also close to shopping, restaurants and transportation. The beautiful beaches of the Gulf of Mexico are just a 10-minute drive away.
This duplex contains one 3-bed/1-bath unit and one 2-bed/1-bath unit. There are three parking pads, as well as a large shared back yard.
Both units have updated kitchens and bathrooms, with plenty of cabinet and storage space. Each unit also has an internal laundry, situated in a separate section of the bathrooms.
The roof was new in 2004 and the AC, which was installed in 2007, has been well-maintained and updated as needed.
Both units are currently leased. However, rents are under market value, as they have been leased to family members for some time.
Current lease situation:
• 3/1 - $950 per month, set to expire in April 2020
• 2/1 - $750 per month, set to expire in Sept 2019
Tenants pay their own utilities. Both leases provide tenants with the option to terminate with 30 days notice. Tenants have expressed an interest in staying.
Don’t miss out - a duplex in this condition, and in this prime location, will not last long!
Location
State FL
County Pinellas
Community Roosevelt Groves
Direction NE
Interior
Heating Central
Cooling Central Air
Fireplace false
Exterior
Exterior Feature Other
Garage Driveway, Parking Pad
Utilities Available Electricity Available, Sewer Connected, Water Available
Waterfront false
Parking Type Driveway, Parking Pad
Garage false
Private Pool No
Building
Entry Level One
Lot Size Range Up to 10,889 Sq. Ft.
Sewer Public Sewer
Water Public
Structure Type Stucco,Wood Frame
New Construction false
Construction Status Inspections
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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