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Key Details
Sold Price $562,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,409 sqft
Price per Sqft $233
Subdivision St Petersburg Investment Co Sub
MLS Listing ID U8088973
Sold Date 09/30/20
Construction Status Financing
HOA Y/N No
Year Built 1925
Annual Tax Amount $3,816
Lot Size 3,049 Sqft
Acres 0.07
Lot Dimensions 43x66
Property Description
EXCELLENT OPPORTUNITY to acquire an IDEALLY LOCATED, FULLY OCCUPIED 4 UNIT APARTMENT BUILDING in HIGH-DEMAND and WALKABLE HISTORIC KENWOOD!! This income-generating property is in one of the HIGHEST-DEMAND areas of DOWNTOWN ST PETERSBURG! Each of the 1BR/1BA units with LARGE ROOMS, HARDWOOD FLOORS and INDIVIDUAL COVERED BALCONIES (PRIVATE on 2nd FLOOR!) are sure to appeal to tenants wanting to enjoy a truly WALKABLE lifestyle in DOWNTOWN ST PETERSBURG, ensuring EXCELLENT RENTS as ST PETE continues to grow! Separately metered for both electric and gas, this property will be sure to provide SOLID, CONSISTENT CASH-FLOW for the next owner. This NO-FLOOD ZONE, 100% OCCUPIED property is located just blocks from the GRAND CENTRAL DISTRICT of booming DOWNTOWN ST PETE - an IDEAL LOCATION for Tenants!! Walk to Central Ave and all of the excellent restaurants, shops and breweries, and just a few steps further for all of the amazing 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. This location is in-demand and will remain so for rentals as St Pete continues to grow. The property has STABLE RENTS with SIGNIFICANT UP-SIDE POTENTIAL!! This property CAN BE PURCHASED SEPARATELY or AS A PORTFOLIO with 1345 14th ST N (TRIPLEX), and 1215 10th ST N (TRIPLEX) if desired - a pre-packaged ST PETERSBURG investment portfolio with management in place if wanted - all set to go!!!! Contact soon to schedule a showing!
Location
State FL
County Pinellas
Community St Petersburg Investment Co Sub
Direction N
Interior
Interior Features Ceiling Fans(s)
Heating Wall Units / Window Unit
Cooling Wall/Window Unit(s)
Flooring Wood
Fireplace false
Appliance Range, Refrigerator, Tankless Water Heater
Exterior
Exterior Feature Balcony
Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
View City
Roof Type Shingle
Porch Covered, Front Porch
Garage false
Private Pool No
Building
Lot Description City Limits, Near Public Transit, Sidewalk, Street Brick
Foundation Crawlspace
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Wood Frame
New Construction false
Construction Status Financing
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Special Listing Condition None
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© 2024 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Bought with COMPASS FLORIDA, LLC
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Jon Penny
Team Leader-Broker Associate | License ID: BK3055942
Team Leader-Broker Associate License ID: BK3055942