4091 58th Avenue N, St Petersburg, FL 33714

Description

INSTANT CASH FLOW! Just a couple blocks from new Amazon facility being built, so there will always be rental opportunities. This 10-unit property currently includes 8 buildings (1 triplex, plus 7 cottages). All units are one-bedroom/one-bath. Huge lot includes 128’x79’ (approx.) of vacant land at the end of the property. Buildings are various ages built between 1925 to 1962. Sold As-Is and seller will not be making any repairs – please request the disclosures prior to scheduling a showing. Price reflects current condition and is based on current net income of $72K. Four concrete block cottages with garages that have washer/dryer hookups, the rest are wood frame with no garages or laundry hook-ups. The triplex has a garage that is currently being used as the owner’s workshop/storage. All units are currently rented – some on leases, others are month-to-month (with some being rented under market value). Do NOT disturb tenants. Showings by appointment only. This large 49,524 sq ft lot (1.14 acres) is not in a flood zone and is close to shopping and the interstate. See the virtual tour for drone video of the property.