Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1925
Sq.Footage
3,872
NO FLOOD damage or hurricane claims made by current Owners - property is in X Flood Zone. Very Rare 5-unit Multi-Family Investment Property only minutes from Downtown St. Pete and Tropicana Field. New Roofs on all buildings in 2022. Foundation stabilization for all 3 buildings with Lifetime Warranty. All units are separately metered for electric and water. Property has had many recent updates, including but not limited to waterproof flooring in all units, updates to plumbing and electrical, interior and exterior paint, cabinets, A/C units and much more, including current renovations underway. Property is within blocks of Midtown Academy, local library and area Community Center! This property offers many future use possibilities in a developing area of St. Petersburg, as it is zoned for up to 9 units by both the county and the state. There is a common utility room that used to have an on-site W/D which would add additional revenue (and tenant interest) from a coin-op W/D. Sec-8 inspections have previously passed on all units and Sec-8 rates provide a very strong CAP Rate for this Investment Property... with tons of potential utilizing future development! Do not let this opportunity get away. Please DO NOT DISTURB TENANTS....Showing by appointment only please TEXT listing Agent with all questions and to set up showings. No sign on property.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
N/A
Exterior
-
Garage
No
-
Construction Materials
Stucco
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.16
-
Property Type
Commercial Sale
-
Property Sub Type
Multi Family
Price
-
Sales Price
$895,000
-
Tax Amount
11514.21
-
Sq. Footage
3, 872
-
Price/SqFt
$231
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
2
-
Foundation Details
Slab
-
Ownership
Partnership
-
Sewer
Public Sewer
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Location
County
Pinellas
Elementary School
Middle School
High School
Listing Courtesy of Shawna Opdycke , KELLER WILLIAMS SOUTH TAMPA
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Business Coach | Executive Sales Associate | Realtor®
MichaelGraf
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