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$649,000 • living size area 4616 sqft
New roof on building #2! ideally located just a couple blocks from downtown st.pete and next to bus stop this apartment complex has 100% occupancy with rental history and leases provided upon request. priced at a 8% cap rate, this is an ideal investment for the experienced, savvy investor or a new investor ready to just take over and start making money right away. 7 units with annual gross rents of $84,600 and netting $51,873 with profit and loss on the sellers schedule c tax return to document all monies. fire sprinkler system in all units will save you $$ on insurance. the rental market is hot right now and expected to continue. get your slice of the pie and become the proud new owner of this apartment complex now!Multi Family -
527 8TH N, ST PETERSBURG, FL 33701
Date Sold 05-26-2020
Sold Price$610,000 Asking Price$649,000
Share by:
- Living 4616sqft
- Lot size 902sqft
- Taxes: Register to see
- Year Built 1922
-
Days on market:
23 day(s) Original Price:
$649,000-
Price per sqft:
$140.6 Tax Legal Description:
PLUNKETS, ELIJAH B LOT 31Tax Year:
2019-
MLS:
U8067995 -
Property Type:
Multi Family -
Parking:
1 to 5 SpacesCurb Parking
Construction Type:
BlockAsbestosRoof:
ShingleCooling Description:
Central AirWall/Window Unit(s)Heating Description:
ElectricCentral IndividualWall Units / Window UnitFloor Description:
Ceramic TileLinoleumSpecial Listing Conditions:
NoneLot Features:
Sidewalk Street LightsCity Lot Neighbourhood
Description
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