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Description
ENTIRE BLOCK FOR SALE. 1.67 acres including 14k sqft office buildling and value add 18 Units in Downtown St Petersburg. 100% occupied with high rents with annual gross of $323,604. Office buildling is presently vacant. Property consists of 4 two bedroom apartments, 4 single family two bedroom homes, 3 studio apartments and 7 one bedroom apartments. Also included in the sale would the lot located between units 610 14th Street and 544 14th St N. 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.
Property Highlights
Property Type: Multi Unit - Multiple
Cooling: Central Air, Wall/Window Unit(s)
Heating: Electric
Lot Size: 1.62 Acres
Roof Type: Shingle
Taxes: $0
Year Built: 1977
General Information
Bedrooms: 23
Sqft: 70,480
County: Pinellas
Subdivision: BON AIR
Listed By:
David Weylie
ELITE TAMPA BAY REALTY LLC
844-354-8373
MLS ID: TB8429450
Amenities
Ceiling Fans(s)
Sidewalk
Property Features
Annual Net Income: 291243.00
Days on Site: 123
Directions: 14th St to address
Exterior: Frame
Flood Zone Code: X
Foundation: Block, Crawlspace
Home Warranty Y/N: No
Listing Terms: Cash, Conventional
Lot Dimensions: 1.62
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Multi-Family 5+
Sewer: Public Sewer
Showing Instructions: See Remarks
Special Sale Provisions: None
Units: 18
Utilities: BB/HS Internet Available, Private, Public
Water: Public
Water Access Y/N: No
Zoning: CRT-1,NSM1
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540 14th Street N, Saint Petersburg, FL 33705.
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Estimated Payment
$ 16,490.25 per month $15,177.75 Principal & Interest $0.00 Property Tax (data not provided by mls) $1,312.50 Homeowner's InsuranceChange Payment Information
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