Fully Occupied Duplex in a High Rental Demand Area – Largo

Quick Summary

Purchase Price
$453,000
Capitalization Rate
5.3%
Cash on Cash Return
1.2%
Total Return on Investment
16.9%

603 1st Street SE, Largo, FL 33771

4 beds
2 baths
1,392 sqft
  • This duplex is currently fully leased, please reach out to inquire on lease information, making an informed offer will depend on these leases.
  • According to the property appraiser, the roof is 10-11 years old, we will need to address this in negotiations/the due diligence period
  • We could offer $10k over your base offer price, and have the seller pay for the roof, allowing you to roll the roof expense into your monthly payments and creating a win-win for both parties
  • This area has strong rental demand and offers a location near the beach without being in a flood zone
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