$259,000

About This 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.

infoProperty Details

Property Type

Single Family Residence

Year Built

1956

Living Area

1,396 sqft

Lot Size

0.16 acres

Bedrooms

3

Bathrooms

1

Ownership

Fee Simple

Days on Market

12

List Date

chairInterior Features

yardExterior & Lot

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Listed By

COMPASS FLORIDA LLC

727-380-2067