St Petersburg, FL 33705,520 15TH ST N
St Petersburg, FL 33705,520 15TH ST N
St Petersburg, FL 33705,520 15TH ST N
St Petersburg, FL 33705,520 15TH ST N
St Petersburg, FL 33705,520 15TH ST N
St Petersburg, FL 33705,520 15TH ST N
See all 44 photos

$775,000

$799,000

3.0%
Est.Price: ?

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Est. payment /mo

5,400 SqFt


SOLD DATE : 02/15/2019

Key Details

Sold Price $775,000

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 5,400 sqft

Price per Sqft $143

Subdivision Bon Air

MLS Listing ID U8028055

Sold Date 02/15/19

Construction Status Inspections

HOA Y/N No

Year Built 1926

Annual Tax Amount $5,226

Lot Size 7,840 Sqft

Acres 0.18

Lot Dimensions 48x160

Property Description

BOOMING RENTAL MARKET! Investor Alert!! Come see this multi-plex, TODAY! 7 UNITS with 100% occupancy. IMMEDIATE CASH FLOW! NON-FLOOD & NON-EVACUATION. Building #1 consists of 4- 2 bedrooms/1 bathroom apartments. Building #2 consists of a 1 bedroom/1 bathroom, upstairs and Large Studio apartment downstairs. Building #3 is a 1 bedroom/1 bathroom cottage. TONS of off-street PARKING. ALL units have been brought up to CODE, with C/O’s. All units are FIRE CODE certified, with annual contracts. The current offering CAP RATE is 7.5%. ALL UNITS have room for RENT INCREASES, compared to the market. The Adjusted CAP RATE should be closer to 9.5%. Current NET INCOME of $60,000/annually. All units have been remodeled to include: Newer A/C, newer metal roof, newer appliances, refrigerator, stove, microwave and dishwasher. Building #2 has an INSIDE LAUNDRY ROOM equipped w 2 each, Full-sized, Coin-op, commercial washers and dryers. Building #3 has SEPARATE washer/dryer. Rental history and leases available upon request. This MULTI-PLEX is centrally located to some of St Petersburg’s HOTTEST AREAS: Historic Uptown, The EDGE District, Historic Kenwood, Old Northeast, and Euclid St. Paul's! This property is walking/biking distance to: St Anthony’s Hospital, Tropicana Field, USF, Vinoy Park, and the Pinellas Trail. Minutes away from dining, shopping ,local bars, breweries, art galleries and GROOVY HANGOUTS!

Location

State FL

County Pinellas

Community Bon Air

Direction N

Rooms

Other Rooms Inside Utility

Interior

Heating Central

Cooling Central Air

Flooring Carpet, Tile

Furnishings Unfurnished

Fireplace false

Appliance Cooktop, Dishwasher, Microwave, Range, Refrigerator

Laundry Inside, In Garage

Exterior

Exterior Feature Fence, Lighting, Storage

Utilities Available Cable Available, Electricity Connected, Public, Sewer Connected, Water - Multiple Meters

Roof Type Metal

Porch Deck, Patio

Garage false

Private Pool No

Building

Lot Description Historic District, City Limits, Near Public Transit, Sidewalk, Street Brick

Lot Size Range Up to 10,889 Sq. Ft.

Sewer Public Sewer

Water Public

Structure Type Vinyl Siding,Wood Frame

New Construction false

Construction Status Inspections

Schools

Elementary Schools North Shore Elementary-Pn

Middle Schools John Hopkins Middle-Pn

High Schools St. Petersburg High-Pn

Others

Pets Allowed No

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

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Stellar MLS
Listed by COLDWELL BANKER RESIDENTIAL
Bought with COLDWELL BANKER RESIDENTIAL REAL ESTATE

GET MORE INFORMATION

Megan & Patrick Finke

REALTORS®

+1(941) 253-7900

10752 Deerwood Park Blvd Suite 100, Jacksonville, Fl

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