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Gelfand Realty Miami Properties - Multi Family

3443 HAINES N, ST PETERSBURG, FL 33704

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Multi Family - ALLENDALE TERRACE BLKS A-B-1-2-3-4-5-6

3443 HAINES N, ST PETERSBURG, FL 33704

Date Sold 05-02-2019

Sold Price$342,500 Asking Price$350,000

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  • Days on market:

    12 day(s)

  • Original Price:

    $350,000

  • Price per sqft:

    $142.97

  • Tax Legal Description:

    ALLENDALE TERRACE BLK A, LOT 3 SEE N 12-31-16

  • Tax Year:

    2017

  • Property Type:

    Multi Family

  • Parking:

    Off StreetGarage Faces Rear

  • Lease Term Remaining:

    12 Months

  • Construction Type:

    Vinyl Siding

  • Roof:

    Shingle

  • Cooling Description:

    Central Air

  • Heating Description:

    Central

  • Floor Description:

    Hardwood

  • Interior Features:

    Ceiling Fan(s) High Ceilings Living Room/Dining Room Combo Thermostat

  • Exterior Features:

    LightingBalcony

  • Equipment/Appliances:

    MicrowaveRefrigeratorGas Water Heater Range

  • Special Listing Conditions:

    None

Description

$350,000 • living size area 2448 sqft

Quadplex including 4-bay garage with alley access in a non-flood zone. excellent passive income. great investment property in the allendale terrace location of northeast st pete. consist of 4x 1bd/1br units. all currently rented. a current 7.0% cap rate at list price, with lots of upside potential. seller just received an appraisal for 375k. rents are escalating in this popular st. petersburg market. updated full electrical over the years and newer sewer line. large standup attic space for storage. main building roof replaced in 2015. detached 4-bay garage roof being replaced before closing.

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