$825,000

2409 4th Ave N

ST PETERSBURG FL, 33713

Description

RARE OPPORTUNITY to purchase a 6 UNIT, FULLY OCCUPIED PROPERTY in HIGH-DEMAND and WALKABLE HISTORIC KENWOOD!!!!! This WONDERFULLY LOCATED propertyconsistsof 2buildingshousing 3 Units Each - an EXCELLENT UNIT MIX of a 3BR/1BA, a 2 BR/1 BA, and 4 1BR/1BA's. The front buildinghas 2 of the 1BR's - both with GENEROUS SQUARE FOOTAGE, and a LARGE 3 bedroom 1 BATH as well. Featuring high ceilings - these units feel more like LOFTS, but with easier access on the groundfloor! The rear building contains a 2 BR and two 1 BR's as well as a very clean and welcoming communal ON-SITE LAUNDRY room - a convenience very much appreciatedby the tenants - as are the OFF STREET PARKING SPACES. The additional monthly laundry income will in turn be appreciatedby the next owner!! Both buildings are beautifullypainted, fully fitting in to the HISTORIC KENWOOD vibe, and with an additionalIsland feel in the front - very nicely done!! EXTENSIVERENOVATIONSin 2018, including NEW ROOFS for BOTH BUILDINGS make this a TURN-KEY property for any investor whether new or experienced. Located in the incredibly WALKABLE Historic Kenwood area,this property will be sure to provide SOLID, CONSISTENT CASH-FLOW for the next owner. This area is IN-DEMAND for rentals, and will remainthat way for the foreseeable future as downtown ST PETE continuesto boom!This NO-FLOOD ZONE, 100% OCCUPIED property is located just blocks from the GRAND CENTRAL DISTRICT of booming DOWNTOWN ST PETE - an IDEAL LOCATION for Tenants!! Walk to Central Ave and all of the excellent restaurants, shops and breweries, and just a few steps further for all of the amazing DINING, ENTERTAINMENT, CULTURAL ATTRACTIONS and WATERFRONT PARKS that DOWNTOWN ST PETE is so rightly famous for!!! With easy access to the freeway it's also just a short drive to our amazing BEACHES or downtown Tampa - truly something for everyone. The property has STABLE RENTS with SIGNIFICANT UP-SIDE POTENTIAL!! This property CAN BE PURCHASED SEPARATELY or AS A PORTFOLIO with 935 21st AVE N (DUPLEX), 1345 14th ST N (TRIPLEX), 2736 4th Ave N (TRIPLEX) and 1215 10th ST N (TRIPLEX), and 254 24th ST N (4-PLEX) if desired - a pre-packaged ST PETERSBURG investment portfolio with management in place if wanted - all set to go!!!! Contact soon to schedule a showing!

Details

MLS#U8090464
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1925
Days On Site29

Features

Water FrontF
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Area Information
StateFL
CountyPinellas
CityST PETERSBURG
Zip Code33713
Area33713 - St Pete
Listing VS Median (in 33713)
Price:
$825,000
low | high
Med:
$279,850
100% of Average
On Site:
29
low | high
Med:
49
59.183673469388% of Average
Listing Updated: 08/03/2020
Adam Yore LogoMLS Number: U8090464
Listing Provided By:
Adam Yore  of  RE MAX PREFERRED

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Greater Nashville Association of REALTORS®.