4631 40TH ST N Active

St Petersburg,FL 33714

$ 765000

8 Beds

8 Baths

2409 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,409 sqft

Price per Sqft $317

Subdivision Wilsons Rep

MLS Listing ID U8219428

Bedrooms 8

HOA Y/N No

Originating Board Stellar MLS

Year Built 1982

Annual Tax Amount $6,367

Lot Size 7,405 Sqft

Acres 0.17

Lot Dimensions 59x100

Property Description

Rare opportunity to own a building with 8 units. Central location in Lealman that is located in a non evacuation & non flood zone.. Block construction and built in 1982. Roof was replaced in 2013 Electric and some plumbing has been updated. Long time month to month tenants currently occupy the property and the units are currently rented at a price that is well below the local market. The street was recently redone including new sidewalk. The landlord uses the oversized 1 car garage for storage. Landlord pays all utilities. Estimated monthly utilities Electric $660, Water, Sewer & Trash $300, Cable $183, Gas $60. Two central A/C units provide heat and air. There is natural gas for the two hot water tanks , gas heat and the gas range in unit #8. This property has lots of potential to grow the current income stream.

Location

State FL

County Pinellas

Community Wilsons Rep

Zoning R-3

Direction N

Interior

Interior Features Other,Stone Counters

Heating Central,Natural Gas

Cooling Central Air

Furnishings Unfurnished

Fireplace false

Laundry Inside

Exterior

Exterior Feature Other

Garage Driveway,Open,Oversized,Parking Pad

Garage Spaces 1.0

Utilities Available Cable Connected,Electricity Connected,Natural Gas Connected,Public,Sewer Connected,Water Connected

Waterfront false

Roof Type Shingle

Parking Type Driveway,Open,Oversized,Parking Pad

Attached Garage true

Garage true

Private Pool No

Building

Lot Description Corner Lot

Entry Level One

Foundation Slab

Lot Size Range 0 to less than 1/4

Sewer Public Sewer

Water Public

Structure Type Block

New Construction false

Others

Senior Community No

Ownership Fee Simple

Special Listing Condition None

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