$1,725,000
Description
EXCELLENT OPPORTUNITY to purchase a BEAUTIFUL 9 UNIT PROPERTY just blocks off of COFFEEPOT BAYOU in HIGH-DEMAND and WALKABLE ST PETE!!!!! This WELL-DESIGNED property is a GREAT UNIT MIX of 5 1-Bedrooms, 4 Studio apartments and additional garage space for storage - high-demand products in our booming rental market. With ON-SITE Laundry and OFF-STREET PARKING for all units, wood floors, fresh paint and 3 NEW ROOFS in 2018 on a large lot just off of 4TH STREET make this a TURN-KEY property for any investor on the spectrum, new or experienced. Located in a BEAUTIFUL NEIGHBORHOOD with Fresh Market, Trader Joes and RESTAURANTS as well as COFFEE POT PARK all just steps away, this property will be sure to provide SOLID, CONSISTENT CASH-FLOW for the next owner. This area is IN-DEMAND for rentals, and will remain that way for the foreseeable future as downtown ST PETE continues to boom! This NO-FLOOD ZONE property is perfectly located near DOWNTOWN ST PETE - an IDEAL LOCATION for Tenants!! Easy access to all of the excellent restaurants, shops and breweries, and the DINING, ENTERTAINMENT, CULTURAL ATTRACTIONS and WATERFRONT PARKS that DOWNTOWN ST PETE is so rightly famous for!!! With easy access to the freeway it's also just a short drive to our amazing BEACHES or downtown Tampa - truly something for everyone. The property has STABLE RENTS with SIGNIFICANT UP-SIDE POTENTIAL!! This property CAN BE PURCHASED SEPARATELY or AS A PORTFOLIO with 1-2 other St Petersburg properties - a pre-packaged ST PETERSBURG investment portfolio with management in place if wanted - all set to go!!!! Don't wait - invest now in the future of St Pete!!! Interior showings available for any vacant units, occupied units can be viewed once under contract due to tenancy, contact for availability info - partial video tour with 2 units plus walk around always available upon request.
Listed by Adam Yore, .
Property Highlights
- Acres: 0.27
- County: Pinellas
- Year Built: 1937
- Cooling Type: Wall/Window Unit(s)
- Property Type: Commercial, Multi Family
- MLS #: U8198048
Property Features
| Appliances | Dryer, Range, Refrigerator, Washer |
| Cooling | Wall/Window Unit(s) |
| Exterior Features | Courtyard, Other |
| Has View | Yes |
| Interior Features | Other |
| Interior Square Footage | 3,701 |
| Lot Size Acres | 0.27 |
| Lot Size Dimension | 92x127 |
| Lot Size Square Feet | 11,726 |
| Patio Features | Covered |
| Roof | Shingle |
| Sewer | Public Sewer |
| Stories | One |
| Water Source | Public |
| Windows | Blinds |
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