401 1st AVENUE NE Largo, FL $ 1,550,000
401 1st AVENUE NE
$ 1,550,000
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401 1st AVENUE NE

Largo, FL, 33770
$ 1,550,000
Baths0.0 Sq 6,852

Monthly Estimate*

$ 10,827

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View a Virtual Tour
Studio

Multi-Family Home for sale in Largo, FL

for $1,550,000. This 6,852 square foot home was built in 1950 on a lot size of 0.56.

Under contract-accepting backup offers. Well-maintained and managed 11-unit property located at 401 1st Ave NE, Largo, Florida. Situated right next to Largo Park, this income-generating income property offers a coin-operated laundry room for extra cash flow. Most of the units have been renovated or freshly updated, ensuring quick rentals. Whether you’re an experienced investor or looking for a good rental income opportunity, this prime location promises both stability and growth. Act now to secure your slice of Florida real estate success! 1. Most of the units are renovated 2. a new washer and dryer are located in a lounge room, including security cameras. 3. ample of parking spaces in the property 4. all units are first floor 5. there is storage in the property 6. four units have a new roof 7. the property has an immediate turnover and is easy to rent due to its profitable location Financial information including all annual gross and Net income, Expenses and individual unit rents and expenses are available for review. The overall financial information is located in this listing financial information

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Multi-Family Pending

Price

$ 1,550,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 18,343

Style

Multi Family

Lot Size

0.56

Year Built

1950

Town/City

Largo

County/Region

Pinellas

MLS | Web ID

T3518466

Features
General
Interior Features Ceiling Fan(s)
Sewer Public Sewer
Heating Central Electric Wall Units / Window Unit
Cooling Central Air
Utilities Electricity Connected Public Street Lights
Roof Shingle
Appliances Electric Water Heater Range Range Hood Refrigerator
Exterior Features Lighting Other
Security Features Closed Circuit Camera(s) Smoke Detector(s)
Construction Materials Wood Frame
Year Built 1950
Levels One
Property SubType Multi Family
Tax Year 2023
Percent Ownership Fee Simple
County Pinellas
New Construction No
Property Type Residential Income
HOA / Comm Assn No
Subdivision Name ROOSEVELT GROVES
Garage Y/N No
Status Pending
Directions SEE GPS
City LARGO
Buyer Agent Compensation 2%
Senior Community Y/N No
Total Units 11
MLS Area 33770 - Largo/Belleair Bluffs
Lot Size Square Feet 24367
Private Pool No
Waterfront Y/N No
Carport Y/N No
Street Name 1st
Listing Terms Cash Conventional Other
Property Attached Y/N No
Tax Annual Amount 18343.87
Public Remarks Under contract-accepting backup offers. Well-maintained and managed 11-unit property located at 401 1st Ave NE Largo Florida. Situated right next to Largo Park this income-generating income property
Ok to Lease 12 Months
Lease Considered Y/N Yes
Virtual Tour https://www.propertypanorama.com/instaview/stellar/T3518466
Days on Market 6
Standard Status Pending
Tax Lot 1
Legal Description ROOSEVELT GROVES BLK 2 LOTS 1 THRU 4
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Interior
Flooring Laminate Tile
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Street Suffix AVENUE
Laundry Features Common Area Laundry Room
Total Bedrooms 0
Total Baths 0
Living Area Units Square Feet
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Exterior
Water Source Public
Lot Size Area 24367
Foundation Details Block
Number of Buildings 6
Building Area Total 7573
Lot Dimensions 192 x 127
Lot Size Acres 0.56
Road Surface Type Asphalt
Lot Size Units Square Feet
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* Excluded Features
List By
Gilon Levert

Broker

gilon.levert@gmail.com

Email

Affordability Calculator

$12,356
Per Month
88%
12%
0%
Monthly Principal & Interest
$10,827
Monthly Property Taxes
$1,529
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
266288 Elementary School
265661 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/12/2024$1,550,000 Listed Price

Map


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401 1st AVENUE NE, Largo, FL, 33770 is a Multi-Family Home for sale at $1,550,000 with 6,852 sqft and a lot size of 0.56. 401 1st AVENUE NE is a studio with 0.0 baths and was built in 1950. The property's zip code is 33770 which is in Largo, FL