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1016 E LEMON STREET

Multi-family For Sale
$985,000

BTC: 10.38617047

ETH: 293.15476190

-$115K (2024/11/29)
81 days
6 bds
3,120 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

Price Improvement! Check out this Turn-Key Opportunity in Tarpon Springs! Great occupancy and already has bookings until March 2025! Your opportunity to own a successful, well-appointed and meticulously cared for opportunity, that has been generating consistent revenue since 2015. Thinking about investing, then this could be a prime opportunity for you or to expand your portfolio! This property benefits from 4 Units, each consisting of a 2 Bedroom, 1 Bathroom Floorplan, that equates to 8 Total Bedrooms and 4 Bathrooms. Located just off the US-19, in the heart of Tarpon Springs, with accessibility to the Sponge Docks, local amenities, hospitals, shopping, restaurants and within a 50-minute journey to Tampa, including the Tampa International Airport, this location is exceptional for the transient rental market. The exterior of the property welcomes the guests with a courtyard feel, palm trees and the beachy tones of the aqua paint, immediately creating that vacation vibe as you arrive. With ample parking, you can arrive, unpack and enjoy! Even if your guests are not staying in one of the four apartments available, then this property benefits from having not one, but three RV parking areas, all with their own electric and water hook-ups, which provides for an extra revenue opportunity! The (4), 2 bedroom and 1-bathroom apartments are elegantly furnished and decorated, maintained to a high standard and offers a welcoming experience to the guests who visit. The kitchens, with the granite style worktops, mahogany style cabinets provide a great back drop for your guests to enjoy their morning breakfast and beverage before heading off to enjoy their daily activity! At the end of the day, they can return to the comfort of the spacious living areas, kick off their shoes and relax, or why not enjoy a BBQ outside! The tiled floors in the apartments provide for an easy to maintain environment. On that note, did I mention that the current Cleaning Team would be willing to stay on with the new Owner and keep those apartments sparkling! With newer roofs, AC, Electrical and Plumbing updates, the current Owner has invested in ensuring this property has the best opportunity for success! The current owner is committed to the success of the future owner and is providing the opportunity of a 30-day coaching, post-closing to assist in continued success, along with conveying the website, systems and existing bookings to the new owner. Call today to schedule your tour!

Location

Facts and features

Type:
Residential Income
Parking:
Guest / Off Street / RV Parking
Year Built:
1980
Lot:
0.29 Acres
Heating:
Central
Price/sqft:
$316
Cooling:
Central Air
HOA:
No Data
All facts and features
  • Flooring

    • Tile

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Dryer

    • Freezer

    • Microwave

    • Range

    • Refrigerator

    • Washer

    Other interior features

    • Ceiling Fan(s)

    • Eating Space In Kitchen

    • Window Treatments

    Bedrooms and bathrooms

    • Bedrooms: 6

  • Parking

    • Guest

    • Off Street

    • RV Parking

    Property

    • Exterior Features: Courtyard / Fenced / Lighting

    Lot

    • Lot: 0.29 Acres

    Other Property Information

    • Parcel Number: 072716996120090090

    • Zoning: MULTI-FAM

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Quadruplex

  • Utility

    • Electricity Connected

  • Other financial information

    • Annual tax amount: $9,559

  • Source details

    • MLS ID: TB8309163

    Other facts

    • Construction Materials: Stucco

    • Foundation Details: Slab

    • Laundry Features: Inside / Laundry Closet

    • Patio And Porch Features: None

    • Other Structures: Shed(s) / Storage

    • Living Area: 3120

    • Water Source: Public

    • Subdivision Name: YOUNGS SUB DE LUXE

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: DENNIS REALTY & INVESTMENT COR