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715 8TH Street N

St Petersburg, FL 33701
  • $1,150,000
  • STATUS: Active
  • ON SITE: 191 Days
  • MLS #: A4553018
$1,150,000
  • 0
    BEDS
  • 0.07
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,796
    SQFT
  • $303
    $/SQFT
Neighborhood:
Kinyon & Woods Add
Type:
Multi-Family
Built:
1915
County:
Pinellas
Area:
St Pete

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Description

Turn-key quad residential investment opportunity in the heart of historic uptown district of St. Pete. Three 1 bed / 1 bath lower units and a 3 bed / 3 bath unit upstairs. All units are updated, individually metered, and with own central AC. Newly completed landscaping, fencing, drainage and exterior paint to minimize maintenance. New roof, plumbing, tenting, and much more updates in recent years. High demand rental area keeps all units fully leased (currently below market rates) with cap rate of 7% at market rent. This would be a gem addition to any portfolio with potential to house hack while being able to walk to downtown.

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© 2023 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2023-05-29T23:42:27.513.
www.thegriffingroup.net/homes/134910494
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715 8TH Street N St Petersburg, FL 33701

  • Price: $1,150,000
  • Status: Active
  • On Site: 191 Days
  • MLS #: A4553018
0
Beds
0
Baths
0
½ Baths
0.07
Acres
3,796
SQFT
$303
$/SQFT
1915
Built
Neighborhood:
Kinyon & Woods Add
County:
Pinellas
Area:
St Pete
Property Description
Turn-key quad residential investment opportunity in the heart of historic uptown district of St. Pete. Three 1 bed / 1 bath lower units and a 3 bed / 3 bath unit upstairs. All units are updated, individually metered, and with own central AC. Newly completed landscaping, fencing, drainage and exterior paint to minimize maintenance. New roof, plumbing, tenting, and much more updates in recent years. High demand rental area keeps all units fully leased (currently below market rates) with cap rate of 7% at market rent. This would be a gem addition to any portfolio with potential to house hack while being able to walk to downtown.
Exterior Features

Attached Garage Yn No Carport Yn No Construction Materials Cement SidingWood Frame Covered Spaces 0 Exterior Features Awning(S) Foundation Details Crawlspace Lot Features Historic DistrictCity LotLevel Lot Size Dimensions 45X68 Open Parking YN No Parking Features Curb ParkingOn Street Pool Private Yn No Road Surface Type Street Brick Roof Membrane View City Water Access Yn No Water Extras Yn No Water View Yn No Waterfront Feet Total 0 Waterfront Yn No

Interior Features

Appliances DishwasherDryerElectric Water HeaterMicrowaveRangeRange HoodRefrigeratorWasher Building Area Total 3796 Cooling Central Air Cooling YN Yes Fireplace Yn No Flooring Engineered Hardwood Furnished Unfurnished Heating CentralElectric Heating YN Yes Interior Features Ceiling Fans(S)High Ceiling(S) Laundry Features Laundry Room Levels Two Sewer Public Sewer Water Source Public Window Features Blinds

Property Features

Annual Expenses 26686 Annual Net Income 32223 Association Approval Required Yn No Association Fee Requirement None Association Yn No Cdd Yn No Down Payment Resource No Est Annual Market Income 90000 Flood Zone Code X Garage Yn No Homestead Yn No Lease Considered YN Yes Lease Restrictions YN No Lease Term 12 Months Listing Terms CashConventionalFhaVa Loan New Construction Yn No Ownership Fee Simple Pet Restrictions Per Case Basis Pets Allowed Yes Planned Unit Development Yn No Property Attached YN No Property Sub Type Quadruplex Realtor Info As-IsCurrently LeasedNo Sign Senior Community Yn No Special Listing Conditions None Tax Annual Amount 6828.16 Total Annual Fees 0 Total Monthly Fees 0 Utilities Cable AvailableElectricity ConnectedSewer ConnectedStreet LightsWater Connected Zoning Residentia


Listing information © 2023 My Florida Regional MLS DBA Stellar MLS..
Listing provided courtesy of Homesmart: 407-476-0461.



© 2023 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2023-05-29T23:42:27.513.
 
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