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Gelfand Realty Miami Properties for Sale - Multi Family for Sale

4631 40TH N, ST PETERSBURG, FL 33714

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Multi Family 8 bedrooms - WILSONS REP for Sale

4631 40TH N, ST PETERSBURG, FL 33714

Asking Price$745,000 Change Price$20,000

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  • Days on market:

    489 day(s)

  • Original Price:

    $765,000

  • Price per sqft:

    $309.26

  • Tax Legal Description:

    WILSON'S REPLAT LOTS 1 AND 2

  • Tax Year:

    2022

  • Property Type:

    Multi Family

  • Parking:

    Driveway Open Oversized Parking Pad

  • Furnished Info:

    Unfurnished

  • Construction Type:

    Block

  • Roof:

    Shingle

  • Cooling Description:

    Central Air

  • Heating Description:

    CentralNatural Gas

  • Interior Features:

    Other Stone Counters

  • Exterior Features:

    Other

  • Special Listing Conditions:

    None

  • Lot Features:

    Corner Lot

Description

$745,000 • eight bedroom(s) • living size area 2409 sqft

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.

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