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$1,145,000
Sold on 4/15/22
Beds |
Baths |
Sq. Ft. |
Taxes |
Built |
|
0.00 |
5,028 |
$8,479 |
1958 |
On the market:
80 days
|
View full details, 15 photos, school info, and price history
INCOME OPPORTUNITY - 4 DUPLEXES (8 rental units) on a double lot. All units are 2-bedroom/1-bath apartments that are currently leased under market value. Expected annual gross income in As-Is condition is $86,400 to $105,600 ($900-$1,100 per unit). With some remodeling, these could easily rent for $1,200 per month or more. Block construction on concrete slabs with terrazzo floors throughout. Each building also has one attached 6x8 storage unit with laundry hook-ups. Central location is just a short 15-minute drive to the beach, a couple blocks from St. Petersburg General Hospital, shopping and restaurants - so there will never be a problem keeping them rented. 24 notice required for showing. Do not disturb tenants. Being sold in As-Is condition. Be sure to review the Property Disclosures before submitting an offer.
Listing courtesy of Tammy Slater-Kendrick & Michael Flake, KELLER WILLIAMS GULF BEACHES & KELLER WILLIAMS GULF BEACHES