$1,300,000
$1,325,000
1.9%For more information regarding the value of a property, please contact us for a free consultation.
3,595 SqFt
SOLD DATE : 04/29/2022
Key Details
Sold Price $1,300,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,595 sqft
Price per Sqft $361
Subdivision Thorntons Walter
MLS Listing ID O6001745
Sold Date 04/29/22
HOA Y/N No
Year Built 1975
Annual Tax Amount $10,573
Lot Size 4,791 Sqft
Acres 0.11
Property Sub-Type Triplex
Source Stellar MLS
Property Description
EXCELLENT INVESTMENT OPPORTUNITY!!! Please read carefully, this is a duplex and a triplex sold together.They must sell together and to the same owner. This Historic Old Northeast income property features a total of 5 units in two structures on two parcels. It's in very good condition and fully rented all the time. Strong rental market right now. Rents are well below market because I've owned it 20years. Located only 4 blocks from vibrant downtown and less that 1 block to bustling 4th Street, this centrally located property sits in St. Petersburg's premier neighborhood, the Historic Old Northeast. Current lease rates are super low as we have not raised rents in several years. The units are all fully rented, some are month to month and know rents will go up, others will be moving. Please do not disturb tenants. PLEASE NOTE: This listing includes the sale of parcel #18-31-17-41 and the #40 property. Both parcels must be purchased together as a package deal as they are neighboring each other. We have 6 off street parking spaces! That's great in St.Pete downtown. Tampa Bay Times ranks St. Petersburg as the #1 millennial draw in Florida. St. Petersburg is nicknamed "The Sunshine City" as the city averages 361 days of sunshine each year. This historic property is close distance from the most prominent areas of St. Petersburg, including trendy Beach Drive, downtown St. Pete, state of the art museums including the world-renowned Salvador Dali Museum, music and arts festivals at Vinoy Park, and more. Access to the interstate is 8 blocks and some of the world's best beaches are a convenient 15-20 minute drive. Starbucks is one block away; Trader Joe's is one mile north. Tropicana Field, home of the Tampa Bay Rays, is one mile away. Downtown St. Pete is the tip of the spear for exciting Tampa Bay happenings, making this location truly prime and this opportunity rare. Feature list In photos and financials available upon request. PLEASE DO NOT disturb tenants in any way. No trespassing please.
Location
State FL
County Pinellas
Community Thorntons Walter
Area 33701 - St Pete
Direction N
Interior
Interior Features Ceiling Fans(s), Crown Molding, High Ceilings, Living Room/Dining Room Combo, Split Bedroom, Thermostat, Walk-In Closet(s), Window Treatments
Heating Central, Electric, Heat Pump, Space Heater, Wall Units / Window Unit
Cooling Central Air, Wall/Window Unit(s)
Fireplace true
Exterior
Exterior Feature Balcony
Parking Features Assigned, Driveway, Off Street
Utilities Available Cable Available, Electricity Available, Electricity Connected
Roof Type Shingle
Garage false
Private Pool No
Building
Foundation Crawlspace
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Wood Frame
New Construction false
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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Bought with Bobby Poth, III MAINFRAME REAL ESTATE
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