$1,275,000
Description
INCOME OPPORTUNITY - 4 DUPLEXES (8 rental units) on a double lot. All units are 2-bedroom/1-bath apartments that are currently leased under market value. Expected annual gross income in As-Is condition is $86,400 to $105,600 ($900-$1,100 per unit). With some remodeling, these could easily rent for $1,200 per month or more. Block construction on concrete slabs with terrazzo floors throughout. Each building also has one attached 6x8 storage unit with laundry hook-ups. Central location is just a short 15-minute drive to the beach, a couple blocks from St. Petersburg General Hospital, shopping and restaurants - so there will never be a problem keeping them rented. 24 notice required for showing. Do not disturb tenants. Being sold in As-Is condition. Be sure to review the Property Disclosures before submitting an offer.Property Highlights
- Acres: 0.38
- County: Pinellas
- Year Built: 1958
- Cooling Type: Wall/Window Unit(s)
- Property Type: Commercial, Multi Family
- MLS #: U8151948
Property Features
| Appliances | Range, Refrigerator |
| Construction Materials | Block |
| Cooling | Wall/Window Unit(s) |
| Exterior Features | Storage |
| Interior Square Footage | 5,028 |
| Lot Size Acres | 0.38 |
| Lot Size Dimension | 120x138 |
| Lot Size Square Feet | 16,544 |
| Roof | Shingle |
| Sewer | Public Sewer |
| Water Source | Public |