Active

$3,650,000

Features:
  • 23 Bedrooms
  • 26 Bathrooms
  • 70480 sq ft
Overview
  • ID: MFRTB8429450
  • Bedrooms: 23
  • Bathrooms: 26
  • Size: 70480 sq ft
Property Details
Remarks
Value add 18 Units in Downtown St Petersburg. 100% occupied with high rents with annual gross of $323,604. 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.
Financial Considerations
Price:
$3,650,000
HOA Fee:
N/A
Tax Amount:
$0
Price per SqFt:
$51.79
Tax Legal Description:
BON AIR LOTS 68 THRU 72
Exterior Features
Lot Size:
70480
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
23
Bathrooms:
26
Heating:
Electric
Cooling:
Central Air, Wall/Window Unit(s)
Appliances:
N/A
Furnished:
No
Floor:
N/A
Levels:
N/A
Additional Features
Property Sub Type:
Multi Family
Style:
N/A
Year Built:
1977
Construction Type:
Frame
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
Sidewalk
Additional Features 2:
N/A
Map
  • Address
    540 14TH ST N
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