$979,000 • four bedroom(s) • four full bathroom(s) • living size area 1656 sqft
Charming 4-unit multi-family property in uptown st. pete producing $6,082 monthly. step into a prime investment opportunity with this meticulously renovated 2-story multi-family property in the sought-after uptown neighborhood of st. petersburg. this charming building blends historic elegance with modern amenities. fully leased and generating $6,082 monthly, it promises consistent cash flow and long-term appreciation potential. this property offers an excellent roi with potential for rent increases. as a turnkey investment, all four units are fully renovated with modern finishes, ensuring minimal immediate capital expenditure. each unit has its own electric meter, simplifying management and making utility costs predictable. located just minutes from downtown st. pete’s vibrant dining, shopping, and entertainment, the neighborhood boasts high rental demand, ensuring low vacancy rates and stable income. unit 1 is a 1-bedroom, 1-bathroom unit renting for $1,700 per month with 9 months remaining on the lease. unit 2, on the second floor, is a studio with a separate kitchen and private bathroom, currently renting for $1,507 per month, with an expected renewal at $1,600 per month. unit 3, also on the second floor, is a studio with a private bathroom, renting for $1,600 per month with 8 months remaining. unit 4 is a ground-floor studio with a full kitchen and private bathroom, renting for $1,275 per month, also with 8 months remaining. with individual electric meters and modern amenities, property management is streamlined. st. pete’s growing real estate market promises value appreciation, making this property an attractive long-term investment. financially, the property an annual gross income of $72,984. with anticipated rent adjustments, the annual income can increase further, enhancing the investment’s profitability. all financial details and lease information provided are accurate as of the listing date. prospective buyers are encouraged to verify all details and conduct thorough due diligence. seize this lucrative investment opportunity today and secure your stake in st. pete’s thriving real estate market!!!1405 7TH N, SAINT PETERSBURG, FL 33705
Single Family House 4 bedrooms - BON AIR for Sale
1405 7TH N, SAINT PETERSBURG, FL 33705Asking Price$979,000 Change Price$4,000
- 4bdr
- 4bth
- Living 1656sqft
- Lot size 2039sqft
- Taxes: Register to see
- Year Built 1928
-
Days on market:
38 day(s) Original Price:
$987,000-
Price per sqft:
$591.18 Tax Legal Description:
BON AIR W 38 1/2 FT OF LOT 80Tax Year:
2023-
MLS:
U8245876 -
Property Type:
Single Family
Construction Type:
Wood FrameRoof:
ShingleCooling Description:
Central AirWall/Window Unit(s)Heating Description:
ElectricFloor Description:
Luxury VinylInterior Features:
Ceiling Fan(s) Open FloorplanExterior Features:
LightingBalcony SidewalkAwning(s)Dog RunPrivate MailboxEquipment/Appliances:
MicrowaveRefrigeratorElectric Water Heater Range Range HoodSpecial Listing Conditions:
None
Description
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