471 9TH AVENUE N at

471 9TH AVENUE N

For sale Days on market 7

$875,000

$361/sq ft

показать похожие

Overview

Bedroom

Year Built

1922

Sqft

2426

Property Description

Under contract-accepting backup offers. Charming 5-Unit Historic Uptown Multifamily – Walkable, Updated & Designed for Strong Rental Demand. The Dartmoor House presents a rare opportunity to acquire a beautifully preserved 1920s multifamily asset in the heart of Historic Uptown, just steps from Downtown St. Petersburg. In a high and dry No Flood Zone location, this legal five-unit building combines classic architectural character with updated systems, simple management, and strong renter appeal in one of the city’s most desirable walkable corridors. Each residence features a private entry, hardwood and tile flooring, high ceilings, ceiling fans, and abundant natural light. Every unit offers its own outdoor area - from screened porches to covered patios - and the shared, fully fenced courtyard creates an inviting communal space that enhances tenant satisfaction and retention. Parking is a valuable advantage in this neighborhood, with each unit assigned one off-street space in the rear gravel lot. From an investment standpoint, the property is structured for ease of management. Electric service is separately metered for all five units, four units reimburse a proportional share of the master-metered water, and natural gas, paid by the owner, supports a single gas water heater serving the building. HVAC setups include a mix of window/wall A/C units for Units 1–3 and central A/C systems for Units 4–5. Major improvements include updated electrical, 2023 gas water heater, 2024 central A/C system for Unit 4, and a transferable drywood termite warranty. The roof was replaced in 2005 and remains in solid condition. Value add possibilities remain for an investor seeking further upside through strategic improvements. The location further strengthens the investment profile. Just one block from Starbucks and moments from downtown’s restaurants, museums, breweries, theaters, the St. Pete Pier, Beach Drive, and waterfront parks, the property sits in a prime demand generator for steady rental interest. Crescent Lake Park is nearby, offering walking trails, recreation, and tennis courts, with quick access to I-275 and award-winning Gulf beaches less than 10 miles away. With its historic charm, updated systems, walkable lifestyle, High and Dry No Flood Zone location, and consistently strong rental demand, The Dartmoor House offers investors a compelling opportunity to own a stabilized, high-appeal asset in one of St. Petersburg’s most cherished neighborhoods, along with meaningful value add potential.

Property Details

MLS#

TB8454457

Address

471 9TH

City

St Petersburg

State/county

Zip/Postal Code

33701

Area

Cashwells 2nd Sub

Country

United States

HOA

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$7,021

Maint Fee

$--

Tax Year

2024

Range

Refrigerator

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. © MIAMI Association of REALTORS®, all rights reserved.