$615,000

$213/sq ft

$60,000
Price Decreased

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Overview

Bedroom

8

Year Built

1925

Sqft

2892

Property Type

Quadruplex

Property Description

4-Unit Investment Property – Strong Cash Flow + Upside Potential Fantastic opportunity to own an updated, income-producing multi-family property just minutes from St. Petersburg. This large, two-story building features 4 identical units, each offering 2 bedrooms and 1 bathroom, with two units upstairs and two downstairs. The property has been renovated in 2025, with updated interiors and a freshly painted exterior, providing a no-deferred-maintenance investment. Each unit is in great condition, making this a turnkey asset ready for immediate cash flow. Currently generating $5,400/month (3 units at $1,400 and 1 unit at $1,200), this property already cash flows well, with future rent increase potential to further boost returns.Situated on a large lot, the property offers ample parking in both the front and rear, along with a fully fenced yard for added privacy and security. Located in a quiet residential neighborhood, yet just minutes from downtown and with quick access to I-275, this location is highly attractive to tenants.

Property Details

MLS#

TB8503357

Address

1033 19TH

City

St Petersburg

State/county

FL

Zip/Postal Code

33705

Area

Cromwell Heights

Country

United States

HOA

No

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$6,577

Maint Fee

$--

Tax Year

2025

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Boris Gelfand