$3,100,000

About This Property

Value add portfolio of 18 Units in Downtown St Petersburg including 6 houes, 1 quads, 4 duplexes. 100% occupied with high rents with annual gross of $323,604.Also included in the sale would the lots located between units 610 14th Street and 544 14th St N where you can build additional units. Fantastic location located right next to Baycare's St Anthonys hospital. Property stays consistently occupied due to it's downtown location and proximity to the hospital. Perfect investment to do improvements and increase rents. Rents are 15-20% below market with 60 day termination clauses. Currently going through zoning change to allow more density.

infoProperty Details

Property Type

Multi Family (5+)

Year Built

1977

Living Area

70,480 sqft

Lot Size

1.62 acres

Bedrooms

23

Bathrooms

26

Ownership

Fee Simple

Days on Market

266

List Date

chairInterior Features

yardExterior & Lot

Listed By

ELITE TAMPA BAY REALTY LLC

844-354-8373

mailContact David