$639,700
Multi Family
For Sale
Closed at $610,000
$240.85/sf
Closed - Multi Family for sale
Note: This property is not currently for sale or for rent on beycome. The description below may be from a previous listing.
An income property dream come true: and a RARE opportunity to own an ever appreciating investment in the very heart of the much sought-after Waterfront Arts District in Gulfport! Nestled on a quaint brick street, a block away from the iconic Gulfport Casino and the Pier, restaurants, shops and entertainment, overlooking the dreamy anchorage of Boca Ciega Bay, this Four Plex : 4 One bedroom - One bathroom property is ready for its new owner. Solid concrete block construction on oversized 140’ lot in the heart of the Art District, updated with hurricane compliant doors and windows, new roof (5/19), new luxury vinyl plank floors (6/19), all new kitchens and bathrooms (7/19), outfitted with all new fixtures and appliances. Each of the Four (4) units is on a separate electric and water meter, has its own driveway with a carport, and a sizable backyard. All units share a laundry and a storage room, with a private backyard access. The lucky new owner of this income producing property can tailor the rent of the units as they please: 30 day vacation rental ($900/week in peak season); month to month or an yearly lease, and any length under 30 days 3 times/year (AirBnB). Units-wise, the possibilities abound : full rental income from all 4 units, live in one and rent the other 3; convert 2 of the units in a 3bed/2 bath single residence, and rent the other 2. All the while retaining ownership of a property in the heart of the Art District, and a block away from the most magical sunsets in the world. LOCATION x 4 + INCOME x4 at a bargain price ($160K /per turn key unit). Walk to open fresh markets, arts and crafts fairs, beach volleyball, restaurants, water sports, dancing, live music, theatre: pick your favorite! The charming and thriving downtown Gulfport is your playground.
MLS: #O5806312
* School data provided by National Center for Education Statistics, and GreatSchools. Intended for reference only. The GreatSchools Rating is based on a variety of school quality indicators, including test scores, college readiness, and equity data. To verify enrollment eligibility, contact the school or district directly.
What will my commute be?
Status: Closed
Listed Date: 08/14/2019
Days On Market: 1918
Lot Size (Acres): 0.2
Lot Size (Square Feet): 8681
Availability Date: 2019-08-14
Association Amenities: Attic, Ceiling Fan, Restaurant, Cable Ready, Lawn, Shared, Balcony/Patio, Playground, Microwave, Oven, Refrigerator, Shutters
Parking Total: 4
Year Built: 1948
Flooring: 11
Utilities: 1