$2,500,000
Description
PRIME OPPORTUNITY to acquire a 12 UNIT property in the booming MIRROR LAKE area of DOWNTOWN ST PETERSBURG proper!!! Walkable to all of the in demand destinations downtown St Pete this is a GREAT UNIT MIX of 7 Loft-Like Studios, 2 1-Bedroom apartment, and 3 2-Bedroom apartments - high-demand products in our booming rental market. With ON-SITE LAUNDRY, wood floors, updated units, fresh paint, FULLY SEPARATELY METERED FOR ELECTRIC and a 2014 ROOF all just off Mirror Lake, and just a few blocks to Central Ave make this a TURN-KEY property for any investor on the spectrum, new or experienced. Located in a booming pocket of Downtown St Petersburg with multiple large projects going up 1 block away in multiple directions, this property will be sure to provide SOLID, CONSISTENT CASH-FLOW and SIGNIFICANT UP-SIDE for the next owner. This area is IN HIGH-DEMAND for rentals, and will remain that way for the foreseeable future as downtown ST PETE continues to boom! This NO-FLOOD ZONE property is in an IDEAL LOCATION for Tenants!! Walk to Central Ave, Beach Drive, and all of the excellent restaurants, shops and breweries, and 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. Don't wait - invest now in the future of St Pete!!! 1 unit available for showings currently - ontact Listing Agent today to schedule.
Listed by Adam Yore, .
Property Highlights
- Property Type: Multi Family
- MLS #: U8244696
Room Information
| Flooring | Ceramic Tile, Laminate, Vinyl, Wood |
| Laundry | Laundry Closet |
| Total Baths | 12 |
| Total Beds | 7 |
Property Features
| Appliances | Dryer, Range, Refrigerator, Washer |
| Construction Materials | Block, Other, Stucco |
| Cooling | Wall/Window Unit(s) |
| Exterior Features | Courtyard |
| Has View | Yes |
| Heating | Baseboard |
| Interior Features | High Ceilings |
| Interior Square Footage | 7,252 |
| Lot Size Acres | 0.12 |
| Lot Size Dimension | 88x60 |
| Lot Size Square Feet | 5,218 |
| Roof | Other, Shingle |
| Sewer | Public Sewer |
| Water Source | Public |