944 15TH AVE S new

St Petersburg,FL 33705

$ 995000

- Bed

0 Bath

3872 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,872 sqft

Price per Sqft $256

Subdivision Orangewood

MLS Listing ID TB8367634

HOA Y/N No

Originating Board Stellar MLS

Year Built 1925

Annual Tax Amount $11,514

Lot Size 6,969 Sqft

Acres 0.16

Lot Dimensions 50x135

Property Sub-Type Multi-Family

Property Description

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.

Location

State FL

County Pinellas

Community Orangewood

Direction S

Interior

Cooling Wall/Window Unit(s)

Flooring Laminate

Building

Story 2

Foundation Crawlspace,Slab

Lot Size Range 0 to less than 1/4

Sewer Public Sewer

Water Public

Structure Type Stucco

New Construction false

Others

Ownership Partnership

Acceptable Financing Cash,Conventional,Other

Listing Terms Cash,Conventional,Other

Special Listing Condition None

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