$1,325,000
Description
EXCELLENT INVESTMENT OPPORTUNITY!!! Please read carefully, this is a duplex and a triplex sold together.They must sell together and to the same owner. This Historic Old Northeast income property features a total of 5 units in two structures on two parcels. It’s in very good condition and fully rented all the time. Strong rental market right now. Rents are well below market because I’ve owned it 20years. Located only 4 blocks from vibrant downtown and less that 1 block to bustling 4th Street, this centrally located property sits in St. Petersburg's premier neighborhood, the Historic Old Northeast. Current lease rates are super low as we have not raised rents in several years. The units are all fully rented, some are month to month and know rents will go up, others will be moving. Please do not disturb tenants. PLEASE NOTE: This listing includes the sale of parcel #18-31-17-41 and the #40 property. Both parcels must be purchased together as a package deal as they are neighboring each other. We have 6 off street parking spaces! That’s great in St.Pete downtown. Tampa Bay Times ranks St. Petersburg as the #1 millennial draw in Florida. St. Petersburg is nicknamed "The Sunshine City" as the city averages 361 days of sunshine each year. This historic property is close distance from the most prominent areas of St. Petersburg, including trendy Beach Drive, downtown St. Pete, state of the art museums including the world-renowned Salvador Dali Museum, music and arts festivals at Vinoy Park, and more. Access to the interstate is 8 blocks and some of the world's best beaches are a convenient 15-20 minute drive. Starbucks is one block away; Trader Joe's is one mile north. Tropicana Field, home of the Tampa Bay Rays, is one mile away. Downtown St. Pete is the tip of the spear for exciting Tampa Bay happenings, making this location truly prime and this opportunity rare. Feature list In photos and financials available upon request. PLEASE DO NOT disturb tenants in any way. No trespassing please.Property Highlights
- Property Type: Multi Family, Triplex
- MLS #: O6001745
Property Features
| Basement | Crawl Space |
| Cooling | Central Air, Wall/Window Unit(s) |
| Exterior Features | Balcony |
| Heating | Central, Electric, Heat Pump, Space Heater |
| Interior Features | Crown Molding, High Ceilings, Walk-In Closet(s) |
| Interior Square Footage | 3,595 |
| Lot Size Acres | 0.11 |
| Lot Size Square Feet | 3,942 |
| Roof | Shingle |
| Sewer | Public Sewer |
| Water Source | Public |
3D Tour
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