4 Unit Investment Property Strong Cash Flow Upside Potential Fantastic opportunity to own an updated, income producing multi family property just minutes from St.
ST PETERSBURG, FL 33705
Listing
| Web ID: | 5525705 |
|---|---|
| Website: | https://www.nestseekers.com/5525705 |
Property
| Ownership: | Fee Simple |
|---|---|
| Type: | Unknown |
| Bedrooms: | 8 BR |
| Bathrooms: | 4 |
| Lot Size: | 0.2 Acres |
Financials
Price:$599,999
Annual Taxes:$6,577.94
Description
4-Unit Investment Property – Strong Cash Flow + Upside Potential
Fantastic opportunity to own an updated, income-producing multi-family property just minutes from St. Petersburg. This large, two-story building features 4 identical units, each offering 2 bedrooms and 1 bathroom, with two units upstairs and two downstairs.
The property has been renovated in 2025, with updated interiors and a freshly painted exterior, providing a no-deferred-maintenance investment. Each unit is in great condition, making this a turnkey asset ready for immediate cash flow.
Currently generating $5,400/month (3 units at $1,400 and 1 unit at $1,200), this property already cash flows well, with future rent increase potential to further boost returns.Situated on a large lot, the property offers ample parking in both the front and rear, along with a fully fenced yard for added privacy and security. Located in a quiet residential neighborhood, yet just minutes from downtown and with quick access to I-275, this location is highly attractive to tenants.
Amenities
- Ceiling Fans(S)
- Electricity Connected
- Fence
- Lighting
- Private Entrance
- Private Mailbox
- Sidewalk
Location
Contact
Listing Courtesy of KELLER WILLIAMS SOUTH TAMPA