Rare opportunity to own a building with 8 units. Central location in Lealman that is located in a non flood zone.. Block construction and built in 1982. Roof was replaced in 2013 Electric and some plumbing has been updated. Long time month to month tenants currently occupy the property and the units are currently rented at a price that is well below the local market. The street was recently redone including new sidewalk. The landlord uses the oversized 1 car garage for storage. Landlord pays all utilities. Estimated monthly utilities Electric $660, Water, Sewer & Trash $300, Cable $183, Gas $60. Two central A/C units provide heat and air. There is natural gas for the two hot water tanks , gas heat and the gas range in unit #8. This property has lots of potential to grow the current income stream.
Property Details
Price:
$760,000
MLS #:
U8219428
Status:
Active
Beds:
8
Baths:
8
Address:
4631 40TH STREET N
Type:
Multi Family
Subdivision:
WILSONS REP
City:
ST PETERSBURG
Listed Date:
Nov 1, 2023
State:
FL
Finished Sq Ft:
2,409
ZIP:
33714
Lot Size:
7,488 sqft / 0.17 acres (approx)
Year Built:
1982
Units:
8
Schools
Interior
Cooling
Central Air
Heating
Central, Natural Gas
Laundry Features
Inside
Exterior
Construction Materials
Block
Exterior Features
Other
Parking Features
Driveway, Open, Oversized, Parking Pad
Roof
Shingle
Financial
Buyer Agent Compensation
2.5%-$395%
Tax Year
2022
Taxes
$6,368
Map
Community
- Address4631 40TH STREET N ST PETERSBURG FL
- CityST PETERSBURG
- CountyPinellas
- Zip Code33714
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Courtesy of RE/MAX METRO. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Stellar MLS. Detailed information about real estate listings held by brokerage firms other than CENTURY 21 Carioti include the name of the listing broker. Neither the listing company nor CENTURY 21 Carioti shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. Stellar MLS. All rights reserved. 4631 40TH STREET N
ST PETERSBURG, FL
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