10775 VILLAGE CLUB CIRCLE N #101 ST PETERSBURG, FL 33716
$200,000
3 Beds
2 Baths
1180 sqft
MLS#
TB8547224
Type
Condominium
Status
Active Listing
Square Footage
1,180
Bedrooms
3
Bathrooms
2 full
Year Built
1974
Tax Amount
$3,102
HOA Fees
$641
Property Description
Tenant-occupied condominium investment opportunity in St. Petersburg generating $2,150 per month in current rental income. With an established tenant already in place, the property offers immediate income while also providing the flexibility of an individual resale. The property is being marketed individually at $200,000. INVESTOR & PORTFOLIO OPPORTUNITY: This property is tenant occupied and is being offered individually while also being available for inclusion in a larger portfolio of income-producing residential properties throughout Pinellas County. Portfolio pricing has been structured around an approximately 6.5% capitalization rate based on current rents, applicable association expenses and portfolio underwriting assumptions. Seller is seeking investor interest in the acquisition of the larger portfolio while preserving the opportunity to sell this property individually at market value. Please do not disturb tenants.
Cooling:Central Air
Balcony
Ceiling Fan(s)
per month
Principal & Interest
Property Tax
Mortage Insurance
HOA
Home Owners Insurance
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