$390,000
$425,000
8.2%For more information regarding the value of a property, please contact us for a free consultation.
2,386 SqFt
SOLD DATE : 02/18/2020
Key Details
Sold Price $390,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,386 sqft
Price per Sqft $163
Subdivision Macks Sub
MLS Listing ID U8073348
Sold Date 02/18/20
Construction Status Inspections
HOA Y/N No
Year Built 1952
Annual Tax Amount $5,607
Lot Size 0.290 Acres
Acres 0.29
Lot Dimensions 100x128
Property Description
Great opportunity to own an income producing 4-plex close to downtown St. Pete's Edge District, I-275, 22nd Ave N, and located across the street from beautiful Woodlawn Park. This property consists of two block construction duplexes. All four units are identical one bedroom apartments that measure approximately 600 square feet (heated). Each apartment features terrazzo floors, ceiling fans, window A/C – Heat units, and large bedrooms. Each unit has a washer, dryer, and small kitchen. Two of the units have their own private dog runs / fenced-in small side-yards. All four apartments are separately metered and tenants pay their own water, sewer, trash, and electric. The property has a private off-street parking lot behind the buildings and each unit has assigned parking. Typically, when a unit comes up for lease, it is rented within a week and there always is a huge demand for them. Presently, the owner is turning a unit and he anticipates it being rented quickly. Property does need TLC (i.e. deferred maintenance in all four units- floor settling, older windows, older cabinets, and property exterior needs paint and a new roof) but with the necessary improvements rents could be raised due to high demand in the rental market and the property's location. All showings must be accompanied by Listing Agents. Please do not walk the property unattended or disturb the tenants. Thank you. Buyer to verify all measurements, financials, leases, and all information here-in.
Location
State FL
County Pinellas
Community Macks Sub
Zoning MULTI FAM
Direction N
Rooms
Other Rooms Inside Utility
Interior
Interior Features Ceiling Fans(s), Kitchen/Family Room Combo, Solid Surface Counters
Heating Electric
Cooling Wall/Window Unit(s)
Flooring Terrazzo
Furnishings Unfurnished
Fireplace false
Appliance Built-In Oven, Dishwasher, Dryer, Refrigerator, Washer
Laundry Inside
Exterior
Exterior Feature Dog Run, Fence
Parking Features Assigned
Utilities Available BB/HS Internet Available, Cable Available, Electricity Connected, Public, Sewer Available, Sewer Connected, Water Available, Water - Multiple Meters
View Park/Greenbelt
Roof Type Shingle
Porch None
Attached Garage false
Garage false
Private Pool No
Building
Lot Description City Limits, In County, Paved
Foundation Slab
Lot Size Range Non-Applicable
Sewer Public Sewer
Water Public
Structure Type Block
New Construction false
Construction Status Inspections
Others
Pets Allowed Yes
Senior Community No
Pet Size Very Small (Under 15 Lbs.)
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Membership Fee Required None
Listing Terms Cash, Conventional
Num of Pet 1
Special Listing Condition None
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