$587,000
$624,000
5.9%For more information regarding the value of a property, please contact us for a free consultation.
5475 42ND ST N St Petersburg, FL 33714
1,765 SqFt
Key Details
Sold Price $587,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,765 sqft
Price per Sqft $332
Subdivision West Burnside At Lealman
MLS Listing ID P4930567
Year Built 1946
Annual Tax Amount $4,370
Lot Size 6,098 Sqft
Property Sub-Type Quadruplex
Property Description
Great income producing property in St. Pete. ALL UNITS RENTED. UNIT 1 RENTED AT $1500 LEASE UNTIL JANUARY 2025. UNIT 2 RENTED AT $1500 LEASE UNTIL MARCH 2025. UNIT 3 RENTED $1550 LEASE UNTIL JULY 2025. UNIT 4 RENTED $1500 LEASE UNTIL JULY 2025. THIS IS A TRUE 10 CAP INVESTMENT PROPERTY 4 separate buildings. With privacy backyards. New minisplit systems installed. Each unit has outside laundry and is fenced in for privacy. TENANTS IN PLACE SIT BACK COUNT YOUR CASH WHILE DRINKING A MARGARITA. Great property for some easy passive rental income. With all tenants in place this is a PROVEN 10 CAP PROPERTY GENERATING 65K PER YEAR. Hard to find in todays market.
Location
State FL
County Pinellas
Community West Burnside At Lealman
Area 33714 - St Pete
Zoning R-4
Interior
Heating Electric
Cooling Mini-Split Unit(s)
Laundry Outside
Exterior
Exterior Feature Fence, Garden
Utilities Available Public
Roof Type Shingle
Building
Foundation Slab
Sewer Public Sewer
Water Public
Structure Type Stucco
New Construction false
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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Bought with CENTURY 21 RE CHAMPIONS