185 FULTON STREET NE, LARGO FL 33771

$899,000

185 FULTON STREET NE, LARGO, FL 33771

bedrooms

bathrooms

square feet

3,040

Acreage

0.21

Open Houses

year built

1971

Full Baths

Half Baths

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$100,000 price reduction!! Seller motivated! Turnkey 4 unit apartment building located off East bay and Keene rd. Priced at a 7.4 cap, 2 units are rented at $2,000/month and other 2 units are rented at $1,600/month. Bringing in $7,200 month and $86,400 annually with room to increase rents all to $2,000/month and bring it up to a gross income of $96,000 annually (8.5 cap rate). Extremely desirable rental location, next to the new largo townhall. This area is growing exponentially with major investments coming within minutes of this location. Easy access to shopping malls, banks, grocery stores, schools, fitness centers etc... BONUS- property is on a lake with 62 feet of water frontage. All units are 2 bedroom / 1 bath with laundry/storage rooms, all units have tile flooring throughout. This is a cash-flowing property with substantial upside with minimal needed. Don’t miss your chance to bring this building to its full potential and build serious value in a hot rental market.

Location
Subdivision	LARGO LAKE APTS
County	Pinellas
Elementary School	Belcher Elementary-PN
Middle School	Largo Middle-PN
High School	Largo High-PN

Driving directions

Open houses

None scheduled.

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MLS number: TB8312488

Listing agent: Evan Perrett #3526363

Listing broker: Century 21 Real Estate Champions (727) 398-2774

Copyright © 2025 Pinellas Suncoast Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. [source]

Last update: Thursday, March 6 2025 at 7:41 p.m. EST

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