8330 63rd Way N, Pinellas Park, FL 33781

$315,000
4
BD
2
BA
1,354
SqFt

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List Price
$315,000
Status
Active
Days on Market
0
MLS#
TB8547213
Property Style
Single Family
Year Built
1947
Bedrooms
4
Bathrooms
2
Living Area
1,354
Lot Size
6,599
Acres
0.15
Total Acreage
0 to less than 1/4
Legal Subdivision Name
Hoffman Heights
MLS Area Major
Pinellas Park

Property Description

Excellent opportunity to acquire a tenant-occupied single-family residence in Pinellas Park with strong in-place rental income. This 4-bedroom, 2-bathroom home offers approximately 1,354 square feet of living space and is currently leased at $2,490 per month, providing immediate income from day one. 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.

Additional Information

Taxes
$4405
Minimum Lease
No Minimum
Community Features
No Deed Restriction
Property Description
One Story
Interior Layout
Ceiling Fans(s)
Interior Features
Ceiling Fans(s)
Floor
Tile, Vinyl
Appliances
Cooktop, Range, Refrigerator
Utilities
Cable Connected, Electricity Connected, Sewer Connected, Water Connected
Heating
Central, Electric
Air Conditioning
Central Air
Exterior Construction
Frame
Exterior Features
None
Roof
Shingle
Foundation
Crawlspace
Pool
No Pool
Flood Zone Code
X500
Parcel ID
29-30-16-40302-000-0120
Legal Description
HOFFMAN HEIGHTS LOT 12

Listing courtesy of COMPASS FLORIDA LLC. 727-380-2067

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