$1,700,000
$1,725,000
1.4%For more information regarding the value of a property, please contact us for a free consultation.
3,701 SqFt
SOLD DATE : 10/23/2023
Key Details
Sold Price $1,700,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,701 sqft
Price per Sqft $459
Subdivision Gilmore Heights
MLS Listing ID U8198048
Sold Date 10/23/23
HOA Y/N No
Originating Board Stellar MLS
Year Built 1937
Annual Tax Amount $8,566
Lot Size 0.270 Acres
Acres 0.27
Lot Dimensions 92x127
Property 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.
Location
State FL
County Pinellas
Community Gilmore Heights
Direction N
Rooms
Other Rooms Inside Utility
Interior
Interior Features Other, Window Treatments
Heating Wall Units / Window Unit
Cooling Wall/Window Unit(s)
Flooring Tile, Wood
Fireplace false
Appliance Dryer, Range, Refrigerator, Washer
Laundry Laundry Room
Exterior
Exterior Feature Courtyard, Other
Parking Features Assigned, Covered, Off Street, Open, Parking Pad
Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
View City, Garden
Roof Type Shingle
Porch Covered
Garage false
Private Pool No
Building
Lot Description City Limits, In County, Near Marina, Near Public Transit, Sidewalk, Paved
Entry Level One
Foundation Other
Lot Size Range 1/4 to less than 1/2
Sewer Public Sewer
Water Public
Structure Type Wood Frame
New Construction false
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional, Other
Listing Terms Cash, Conventional, Other
Special Listing Condition None
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© 2024 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Bought with EXP REALTY LLC
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Realtor | SL3426589