$1,699,000 • living size area 4632 sqft

Incredible cash-flowing property !!!! *8-unit multifamily investment opportunity in downtown st. petersburg!* *location:* just minutes from downtown st. petersburg, this property offers unparalleled access to the city's vibrant amenities, attractions, and employment opportunities. *property highlights:* - 8 spacious units full updated in 2021/2022 (6 units 1 bd , 1 unit 2 bd , 1 unit 3 bd) - gated front and back yards provide privacy and security - on-site laundry room for added convenience - beautifully landscaped grounds with ample parking - strong income potential with most tenants under housing authority programs -800sqft storage on site not cash-flowing at the moment (you can get extra money on renting it. $500/600 monthly even more if you split it) *financial highlights:* - monthly income $13,420 - gross annual income: $161,020+ - net operating income (noi): $123,900+ - cap rate: 7.3 % - average rent per unit: $1,677 *additional features:* - individual unit meters for electricity and water - security cameras and motion-sensitive lighting - close proximity to public transportation, shopping, and dining *don't miss out on this exceptional opportunity to own a cash-flowing multifamily property in one of st. petersburg's most growing neighborhoods next to downtown!*

Multi Family - SCHOOLEYS HOMEVILLE for Sale

Basics

Features

Description

Similar Properties in this Area