Value add portfolio of 18 Units in Downtown St Petersburg including 6 houes, 1 quads, 4 duplexes.
| Website: | https://www.nestseekers.com/5670740 |
|---|---|
| Address: | ST PETERSBURG, FL 33705 |
| Ownership: | Fee Simple |
|---|---|
| Type: | Unknown |
| Bedrooms: | 23 BR |
| Bathrooms: | 26 |
| Lot Size: | 1.6 Acres |
Financials
Price:$3,000,000
Description
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.
Amenities
- Bb Hs Internet Available
- Ceiling Fans(S)
- Private
- Public
- Sidewalk
888 Biscayne Blvd # Unit CU9 Miami, FL 33132 Phone: +1 305-203-4555 Fax: +1 305-675-0745 | |
| Listing Courtesy of ELITE TAMPA BAY REALTY LLC | |
