$1,195,000
Description
Mid-Century Modern, Income Property Located in the Crescent Lake Neighborhood on an Over-Sized (50' x 135') Lot! Consisting of Two (2) Separate Buildings, this Multi-Family Residence Offers a Total of Four (4) Separate Living Units and a Two (2) Car Alley Loaded Garage. The Front Building is Constructed of Concrete Block, and Includes a Two Bedroom, One Bathroom Unit and a One Bedroom, One Bathroom Unit. The Rear Building is Constructed of Concrete Block on the First Level & Wood Frame on the Second Level and Contains a Two Bedroom, One Bathroom Unit with Large Porch & Windows Over the Two Car Garage, and a Studio Style Unit with Large Storage Closet. A Spacious Fenced In Yard with New Grass Adds to the Charm of this Prized Property Located Just Steps to Crescent Lake Park, Pickleball Courts, MLK Business District and Booming Downtown St. Petersburg. Brand New Roofs, Designer Finishes, Refreshed Plumbing & Electrical, Brand New Central HVAC in Two Units and So Much More! There are Four (4) Separate Addresses (875, 875-1/2, 877 and 877-1/2), Four (4) Separate Electrical Accounts and One (1) Common Water, Sewer, Trash Account. One of the Four Units (The Two Bedroom, One Bathroom in the Front Building) is Currently Rented for $2,100 per Month with a Lease Expiration Date of 9/30/24. The Remaining Three Units Have Been Completely Renovated and Never Occupied. This is a Great Opportunity to Earn Passive Income in a Prime, Flood Zone X Location. Come and Take a Look Today!
Listed by Scott Simon LLC, .
Property Highlights
- Property Type: Multi Family, Quadruplex
- MLS #: U8234741
Room Information
| Flooring | Hardwood, Tile |
| Garage | Yes |
| Garage Spaces | 2 |
| Laundry | In Garage, Laundry Closet |
Property Features
| Appliances | Dishwasher, Disposal, Electric Water Heater, Microwave, Refrigerator |
| Basement | Crawl Space |
| Construction Materials | Block, Stucco |
| Cooling | Central Air, Wall/Window Unit(s) |
| Exterior Features | Courtyard, Dog Run, Lighting |
| Heating | Central, Electric |
| Interior Features | Stone Counters |
| Interior Square Footage | 2,529 |
| Lot Size Acres | 0.16 |
| Lot Size Dimension | 50x135 |
| Lot Size Square Feet | 6,913 |
| Roof | Shingle |
| Sewer | Public Sewer |
| Stories | Two |
| Water Source | Public |
| Windows | Double Pane Windows, Insulated Windows, Low Emissivity Windows |
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