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(386) 960-0076
Stork Real Estate
4502 9th Avenue S, Gulfport, FL 33711
- $399,000
- 4
- BD
- 2
- BA
- 1,448
- SqFt
- List Price
- $399,000
- MLS#
- TB8554668
- Type
- Multifamily
- Bedrooms
- 4
- Bathrooms
- 2
- Living Area
- 1,448
- Lot Size
- 5,040
- Subdivision
- Vinsetta Park Annex
- Year Built
- 1925
Property Description
Investors, this is your cash cow! Two-Unit Income Property: 1925 Bungalow + Detached 1BR, Tenant in Place, Major Systems Updated Turnkey two-unit investment with income from day one. This property pairs a 3-bedroom, 1-bath 1925 bungalow with a detached 1-bedroom apartment, giving you two separate rentable units on one lot, in one closing. The capital expenditures are largely done. Within the past two years, the main house received a new roof, new A/C, a new water heater, and several new windows. The back unit has all-new windows and brand-new central heat and air. Updated systems mean lower near-term maintenance costs and fewer surprises in your first years of ownership. The detached unit is currently rented on a month-to-month basis, providing immediate cash flow with the flexibility to keep the existing tenant or reposition the unit. The main house will be available for a new tenant on November 1, so you can set your own lease terms and rent. Each unit has its own dedicated parking, which helps with tenant appeal and retention. The rent numbers support strong returns. FY2026 HUD Fair Market Rents for this property are $2,900 for the 3-bedroom and $1,950 for the 1-bedroom, a combined $4,850 per month in potential gross rent. Don't miss out on adding this money maker to your portfolio..
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Additional Information
- Community Features
- No Deed Restriction
- Annual Gross
- 40800
- Style
- Duplex
- Interior
- Thermostat
- Interior Features
- Thermostat
- Appliances
- Electric Water Heater, Range, Refrigerator
- Exterior Construction
- Frame
- Exterior
- Other, Sidewalk
- Roof
- Shingle
- High School
- Boca Ciega High-PN
- Middle School
- Azalea Middle-Pn
- Elementary School
- Bear Creek Elementary-Pn
- Extra Rooms
- Storage Rooms
- Located Near
- City Limits
- Utilities
- Electricity Connected, Sewer Connected, Water Connected
- Garage
- Driveway
- Floor
- Ceramic Tile, Tile
- Heating
- Electric
- Cooling
- Central Air
- Pool Type
- No Pool
Listing courtesy of KELLER WILLIAMS ST PETE REALTY.
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