$930,000
$995,000
6.5%For more information regarding the value of a property, please contact us for a free consultation.
9 Beds
6 Baths
4,320 SqFt
SOLD DATE : 06/30/2023
Key Details
Sold Price $930,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 4,320 sqft
Price per Sqft $215
Subdivision St Petersburg Investment Co Sub
MLS Listing ID U8192143
Sold Date 06/30/23
Bedrooms 9
Construction Status No Contingency
HOA Y/N No
Originating Board Stellar MLS
Year Built 1925
Annual Tax Amount $12,958
Lot Size 6,534 Sqft
Acres 0.15
Lot Dimensions 50x127
Property Description
RARE OPPORTUNITY-Welcome to this fantastic, charming 6-unit apartment, located in the heart of Historic Kenwood. This property offers two buildings, in a non-flood zone, presenting a fantastic investment opportunity for those seeking rental income.
Each unit is thoughtfully designed, consisting of a 3 BR/1 BA, a 2 BR/1BA and (4)-1 BR/BA providing ample living space. These are BIG units as the front building offers 2640 sq ft and the rear building 1680 sq ft of living space. Four of the six units have been updated in the previous 2 years consisting of a variety of new flooring, paint, and new kitchen appliances. The living areas are spacious, comfortable, have high ceilings and have large windows that offer plenty of natural light.
In addition, the buildings offers a range of amenities to tenants, including ON-SITE coin operated laundry, street parking, some private parking in the rear building, along with a common area in the center of the buildings. The units have separate electric meters and owner pays water, sewer and trash.
The location of these buildings is unbeatable, situated 2 miles from downtown and four blocks from the thriving Grand Central District. With easy access to public transportation, including the new Sun Runner Bus, along with excellent walkability to local bars, restaurants, and shopping, allowing tenants the ease to enjoy all that the city has to offer without ever having to get in their vehicles.
Whether a new or seasoned investor, looking to expand your portfolio, this 6-unit building located in a prime location, comes with tremendous upside for a savvy investor. This is a fully occupied, turn-key solution with stable rents in place offering immediate cash flow. Don't miss out on this great investment opportunity! Get it before its gone.
Location
State FL
County Pinellas
Community St Petersburg Investment Co Sub
Zoning MULTI 5-9
Direction N
Interior
Interior Features Ceiling Fans(s), Open Floorplan, Solid Surface Counters, Solid Wood Cabinets
Heating Heat Pump, Wall Furnance
Cooling Central Air, Wall/Window Unit(s)
Fireplace false
Exterior
Exterior Feature Courtyard, Lighting, Rain Gutters
Utilities Available BB/HS Internet Available, Cable Available, Electricity Connected, Sewer Connected, Water Connected
Waterfront false
Roof Type Built-Up, Shingle
Garage false
Private Pool No
Building
Foundation Block, Slab
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Block, Concrete, Wood Frame
New Construction false
Construction Status No Contingency
Others
Pets Allowed Yes
Senior Community No
Ownership Fee Simple
Special Listing Condition None
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Bought with ROBERT SLACK LLC
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