BEDS13
BATHS
SQUARE FEET3,872
MLS#TB8368438
STATUSPending
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONORANGEWOOD
Property Description
Under contract-accepting backup offers. NO FLOOD damage or hurricane claims made by current Owners - property is in X Flood Zone. Very Rare 5-unit Multi-Family Investment Property only minutes from Downtown St. Pete and Tropicana Field. New Roofs on all buildings in 2022. Foundation stabilization for all 3 buildings with Lifetime Warranty. All units are separately metered for electric and water. Property has had many recent updates, including but not limited to waterproof flooring in all units, updates to plumbing and electrical, interior and exterior paint, cabinets, A/C units and much more, including current renovations underway. Property is within blocks of Midtown Academy, local library and area Community Center!This property offers many future use possibilities in a developing area of St. Petersburg, as it is zoned for up to 9 units by both the county and the state. There is a common utility room that used to have an on-site W/D which would add additional revenue (and tenant interest) from a coin-op W/D. Sec-8 inspections have previously passed on all units and Sec-8 rates provide a very strong CAP Rate for this Investment Property... with tons of potential utilizing future development!Do not let this opportunity get away. Please DO NOT DISTURB TENANTS....Showing by appointment only please TEXT listing Agent with all questions and to set up showings. No sign on property.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Wall/Window Unit(s)
Heating: Ductless
Lot Size: 0.16 Acres
Roof Type: Shingle
Taxes: $11,514
Year Built: 1925
Amenities
Ninguno
Awning(s)
Fence
Sidewalk
Feature Descriptions
Annual Net Income: 132315.00
Days on Site: 387
Directions: From MLK St. go West on 15th Avenue S. to property
Exterior: Stucco
Flood Zone Code: X
Foundation: Crawlspace, Slab
Home Warranty Y/N: No
Listing Terms: Cash, Conventional, Other
Lot Dimensions: 0.16
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Multi Family
Sewer: Public Sewer
Showing Instructions: Supra Lock Box, Call Before Showing
Special Sale Provisions: None
Units: 5
Utilities: BB/HS Internet Available, Cable Available, Electricity Connected
Water: Public
Water Access Y/N: No
Listed By / Shown By
Listed By
Agency Name: KELLER WILLIAMS SOUTH TAMPA
Agency Contact: 813-875-3700
Shown By
Agency Title: RealtyMark
Agency Phone: 888-240-0600
Estimate Your Payment
Estimated Payment
$ 3,212.42 per month $1,991.88 Principal & Interest $959.50 Property Tax $261.04 Homeowner's InsuranceChange Payment Information
944 15th Avenue S | MLS# TB8368438
This multi-family property located at 944 15th Avenue S, Saint Petersburg, FL 33705 is currently listed for sale with an asking price of $895,000. Search Saint Petersburg real estate on www.realtymark.net today.