$1,425,000
$1,485,000
4.0%For more information regarding the value of a property, please contact us for a free consultation.
4,469 SqFt
SOLD DATE : 12/17/2021
Key Details
Sold Price $1,425,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 4,469 sqft
Price per Sqft $318
Subdivision Plunkets Elijah B
MLS Listing ID U8140204
Sold Date 12/17/21
Construction Status Inspections
HOA Y/N No
Year Built 1938
Annual Tax Amount $8,006
Lot Size 6,098 Sqft
Acres 0.14
Lot Dimensions 63x100
Property 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!!!
Location
State FL
County Pinellas
Community Plunkets Elijah B
Direction N
Interior
Interior Features Ceiling Fans(s)
Heating Wall Units / Window Unit
Cooling Wall/Window Unit(s)
Flooring Tile, Wood
Fireplace false
Appliance Range, Refrigerator
Laundry Laundry Room
Exterior
Exterior Feature Fence, Other, Sidewalk
Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Waterfront false
View City, Garden
Roof Type Shingle
Garage false
Private Pool No
Building
Lot Description Historic District, City Limits, Near Public Transit, Sidewalk, Paved
Foundation Stem Wall
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Wood Frame
New Construction false
Construction Status Inspections
Others
Pets Allowed Yes
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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