10775 Village Club Circle N Unit 101, St Petersburg, FL 33716
- $200,000
- 3
- BD
- 2
- BA
- 1,180
- SqFt
- List Price
- $200,000
- Status
- ACTIVE
- MLS#
- TB8547224
- Bedrooms
- 3
- Bathrooms
- 2
- Living Area
- 1,180
- Subdivision
- Village Lake Condo
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.
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Additional Information
- HOA Fee
- $641
- Year Built
- 1974
- Construction
- Block
- Living Area
- 1,180
- Interior Features
- Ceiling Fans(s)
- Cooling
- Central Air
- Heating
- Central, Electric
- Exterior Features
- Balcony
- Sewer
- Public Sewer
- Pool Description
- In Ground
- Stories
- 1
- Pets
- Yes
Listing courtesy of COMPASS FLORIDA LLC.
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