
Seller's Agent in 2023
Jim Blackmon
COLDWELL BANKER REALTY
(727) 492-7895
1 in this area
9 Total Sales
Location, location, location! A four unit apartment complex in Northeast St. Pete, just east of 4th street north. All four are symmetrical 2 bedroom, 1 bath units featuring concrete block construction, central heat and air, and private, fenced outdoor area featuring a dedicated laundry room for each unit. All units are separately metered for both water and electric; owner pays only taxes, insurance, and lawn care. Easy to manage complex with far below market rents- there is massive upside potential in one of the best areas of the city. New roofs on both buildings in fall 2020, new exterior paint, lighting and landscaping in 2021. Potential for future development due to land size, or may be possibility to add units in middle due to layout of buildings on 3 lots (potential buyers to verify with city). A pride of ownership complex with great income that is easy to manage and close to everything! Only available masonry fourplex under $1,2000,000 in St. Pete! Current net income is $50,000! At market rents net income would be $74,000! See attached Rent Roll.
Last Agent to Sell the Property
COLDWELL BANKER REALTY License #496607 Listed on: 12/02/2022
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
01/30/2023 01/30/23 | Sold | $895,000 | -10.5% | $291 / Sq Ft |
01/03/2023 01/03/23 | Pending | -- | -- | -- |
12/02/2022 12/02/22 | For Sale | $1,000,000 | -- | $326 / Sq Ft |
Seller's Agent in 2023
Jim Blackmon
COLDWELL BANKER REALTY
(727) 492-7895
1 in this area
9 Total Sales
J
Buyer's Agent in 2023
Jeffrey Selker
LUXURY & BEACH REALTY INC
(727) 269-9892
1 in this area
20 Total Sales
Source: Stellar MLS
MLS Number: U8183992