4631 40TH STREET N at

4631 40TH STREET N

For sale Days on market 71

$675,000

$280/sq ft

$10,000
Price Decreased

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Overview

Bedroom

Year Built

1982

Garage

Sqft

2409

Property Description

Under contract-accepting backup offers. 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.

Property Details

MLS#

TB8412584

Garage

Address

4631 40TH

City

St Petersburg

State/county

Zip/Postal Code

33714

Area

Wilsons Rep

Country

United States

HOA

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$7,780

Maint Fee

$--

Tax Year

2024

Microwave

Refrigerator

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