944 15TH AVENUE S at

944 15TH AVENUE S

For sale Days on market 171

$895,000

$231/sq ft

$100,000
Price Decreased

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Overview

Bedroom

Year Built

1925

Sqft

3872

Property Type

Multi Family

Property Description

Under contract-accepting backup offers. NO FLOOD damage or hurricane claims made by current Owners - property is in X Flood Zone. Very Rare 5-unit Multi-Family Investment Property only minutes from Downtown St. Pete and Tropicana Field. New Roofs on all buildings in 2022. Foundation stabilization for all 3 buildings with Lifetime Warranty. All units are separately metered for electric and water. Property has had many recent updates, including but not limited to waterproof flooring in all units, updates to plumbing and electrical, interior and exterior paint, cabinets, A/C units and much more, including current renovations underway. Property is within blocks of Midtown Academy, local library and area Community Center! This property offers many future use possibilities in a developing area of St. Petersburg, as it is zoned for up to 9 units by both the county and the state. There is a common utility room that used to have an on-site W/D which would add additional revenue (and tenant interest) from a coin-op W/D. Sec-8 inspections have previously passed on all units and Sec-8 rates provide a very strong CAP Rate for this Investment Property... with tons of potential utilizing future development! Do not let this opportunity get away. Please DO NOT DISTURB TENANTS....Showing by appointment only please TEXT listing Agent with all questions and to set up showings. No sign on property.

Property Details

MLS#

TB8368438

Address

944 15TH

City

St Petersburg

State/county

Zip/Postal Code

33705

Area

Orangewood

Country

United States

HOA

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$11,514

Maint Fee

$--

Tax Year

2024

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