Sold

$1,075,000

Features:
  • 11 Bedrooms
  • 19 Bathrooms
  • 4954 sq ft
Overview
  • ID: MFRTB8367052
  • Bedrooms: 11
  • Bathrooms: 19
  • Size: 4954 sq ft
Property Details
Remarks
Multi-Unit Investor Opportunity on Shaded Lot with Rental Income Minutes from Downtown St. Pete. Tucked beneath a canopy of mature trees on a generously shaded lot, this unique multi-unit property is a rare opportunity for the savvy investor. It is just minutes from downtown St. Petersburg, I-275, and US-19. Featuring five duplexes, including studio and 1-bedroom units, each with its own screened-in front porch, and a separate 2-bedroom single-family home, this income-producing compound is full of potential. While the structures are currently occupied and livable, some units may benefit from cosmetic updates and TLC, making this an ideal value-add investment. The layout and variety of units lend themselves well to long-term tenants, short-term rentals, or a mixed-use strategy. A quiet setting with old-Florida charm, this property invites you to reimagine its future. Whether you're looking to renovate and increase rental income or hold as-is, this is a chance to own a rare collection of units on a beautiful shaded lot. See attached PDF for details.
Financial Considerations
Price:
$1,075,000
HOA Fee:
N/A
Tax Amount:
$11982.5
Price per SqFt:
$191.76
Tax Legal Description:
FROM NE COR OF SW 1/4 RUN S 360 FT (S) & W 30 FT FOR POB TH S 150 FT TH W 270 FT TH N 150 FT TH E 270 FT TO POB
Exterior Features
Lot Size:
40493
Lot Features:
Level, Paved
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
11
Bathrooms:
19
Heating:
Ductless
Cooling:
Wall/Window Unit(s)
Appliances:
N/A
Furnished:
No
Floor:
Linoleum, Tile, Wood
Levels:
N/A
Additional Features
Property Sub Type:
Multi Family
Style:
N/A
Year Built:
1969
Construction Type:
Block, Stucco, Frame
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
Storage
Additional Features 2:
N/A
Map
  • Address
    4480 40TH ST N
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