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Gelfand Realty Miami Properties - Multi Family

2500 IRVING S, ST PETERSBURG, FL 33712

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Multi Family - PRATHERS FOURTH ROYAL

2500 IRVING S, ST PETERSBURG, FL 33712

Date Sold 01-22-2018

Sold Price$174,000 Asking Price$195,000

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  • Days on market:

    141 day(s)

  • Original Price:

    $225,000

  • Price per sqft:

    $73.92

  • Tax Legal Description:

    PRATHER'S FOURTH ROYAL LOT 29

  • Tax Year:

    2016

  • Property Type:

    Multi Family

  • Parking:

    None Open

  • Lease Term Remaining:

    24 Months

  • Construction Type:

    Block

  • Roof:

    Membrane

  • Cooling Description:

    Wall/Window Unit(s)

  • Heating Description:

    Electric

  • Floor Description:

    CarpetTerrazzo

  • Exterior Features:

    Balcony

  • Special Listing Conditions:

    None

  • Lot Features:

    Corner Lot SidewalkCity Lot Near Public Transit

Description

$195,000 • living size area 2638 sqft

Back on the market. price reduced to appraised value.corner two story building with mixed use zoning. (3-two bedrooms one bath apartments) and (2- retail shops, a beauty shop and barber shop) tenant in beauty shop has rented since 1997. all tenants have been long term. all tenants have 1 year or less on their existing leases. roof was replaced in 2015, second metal stairwell was permitted and installed in 2012 to comply with new fire codes a $4,340 improvement, exterior was professionally painted in 2016 and all units are on their own separate electrical meters. rents could be increased to reflect current rental market conditions. this property is shown by appointment only at limited times. do not disturb tenants. this property is located on the corner of 25th street south and irving avenue south. because of the two retail shops this property will not qualify for fha or va financing.

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