Description
RARE OPPORTUNITY to purchase a 9 UNIT, FULLY OCCUPIED PROPERTY IN HIGH-DEMAND and WALKABLE HISTORIC UPTOWN!!!!! This EXCELLENTLY LOCATED property is a GREAT UNIT MIX of 2 Studios, 6 1-Bedroom apartments and 1 3-Bedroom apartment - high-demand products in our booming rental market. 100 PERCENT OCCUPIED, SEPARATELY METERED for both electric and gas, ON-SITE Laundry, fresh paint and a 2018 ROOF all on an over-sized fenced lot with courtyard make this a TURN-KEY property for any investor on the spectrum, new or experienced. Located in the incredibly WALKABLE Historic UPTOWN area, 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 located just blocks from the DOWNTOWN ST PETE - an IDEAL LOCATION for Tenants!! Walk to Central Ave and 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 other property totaling 14 Units in the same neighborhood - 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!!!
Property Highlights
- Acres: 0.14
- County: Pinellas
- Year Built: 1938
- Cooling Type: Wall/Window Unit(s)
- Property Type: Commercial, Multi Family
- MLS #: U8140204
Area |
33701 - St Pete |
Number of Units Total |
9 |
Property Subtype |
Residential Income |
Property Type |
Multi Family |
Subdivision |
Plunkets Elijah B |
Taxes |
$8,006 |
Tenant Pays |
Electricity |
Utilities |
Cable Available, Natural Gas Available, Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected |
Appliances |
Range, Refrigerator |
Cooling |
Wall/Window Unit(s) |
Exterior Features |
Other |
Has View |
Yes |
Interior Square Footage |
4,469 |
Lot Size Acres |
0.14 |
Lot Size Dimension |
63x100 |
Lot Size Square Feet |
6,207 |
Other Structures |
Other |
Roof |
Shingle |
Sewer |
Public Sewer |
Water Source |
Public |