Photo 1 of 1
$532,000
Sold on 11/29/23
Beds |
Baths |
Sq. Ft. |
Taxes |
Built |
8 |
0.00 |
2,500 |
$4,514 |
1962 |
On the market:
25 days
|
View full details, 15 photos, school info, and price history
This BLOCK quadplex presents a prime investment opportunity, offering a blank canvas to savvy investors aiming to capitalize on the burgeoning rental market. Being sold in its current as-is condition, it provides a unique chance to customize and upgrade according to the new owner’s vision, maximizing its potential for attracting tenants.
Strategically located near the heart of downtown St. Petersburg, this property is situated in an area experiencing positive growth and development, promising a favorable environment for both short-term renovation ROI and long-term asset appreciation.
Each unit within this building features a 2-bedroom, 1-bathroom layout, ideal for a range of tenants. Astute investors may consider the option of occupying one unit while leasing the others, a strategy that can effectively offset mortgage expenses through rental income.
Given the attractive features and location of this property, demand is expected to be high. Prospective investors are encouraged to act promptly to secure this investment. Viewing appointments are available upon request – a swift inquiry is advisable to avoid missing out on this compelling opportunity.
Listing courtesy of Jenn Cook, BAHIA INTERNATIONAL REALTY