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
- Days on Market
- 17
- MLS#
- TB8547224
- Subtype
- Residential
- Style
- One Story
- Year Built
- 1974
- Bedrooms
- 3
- Bathrooms
- 2
- Full Baths
- 2
- Living Area
- 1,180
- Subdivision
- Village Lake Condo
- Building Name
- 10775
- MLS Area Major
- St Pete
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.
Additional Information
- Interior Features
- Ceiling Fans(s)
- Exterior Features
- Balcony
- HOA Fee
- $641
- HOA Freqency
- Monthly
- Pets Allowed
- Yes
- Pets
- Yes
- Max Pet Weight
- 100
- Building Name
- 10775
- Community Features
- Buyer Approval Required, Deed Restrictions, Pool, Tennis Court(s)
- Property Description
- One Story
- Appliances
- Cooktop, Range, Refrigerator
- Heating
- Central, Electric
- Air Conditioning
- Central Air
- Exterior Construction
- Block
- Exterior Features
- Balcony
- Stories
- 1
- Levels
- One
- Roof
- Membrane
- Foundation
- Slab
- Pool
- Yes
- Pool Type
- In Ground
Courtesy of COMPASS FLORIDA LLC
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