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Gelfand Realty Miami Properties - Multi Family

6332 29TH N, ST PETERSBURG, FL 33702

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Multi Family - WASHINGTON TERRACE

6332 29TH N, ST PETERSBURG, FL 33702

Sold Price$185,000 Asking Price$219,900

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  • Days on market:

    80 day(s)
  • Original Price:

    $219,900
  • Price per sqft:

    $151.45
  • Tax Legal Description:

    WASHINGTON TERRACE BLK 12, LOT 21
  • Tax Year:

    2018
  • Property Type:

    Multi Family
  • Construction Type:

    Wood Frame
  • Cooling Description:

    Wall/Window Unit(s)
  • Heating Description:

    Wall Units / Window Unit
  • Exterior Features:

    Lighting
  • Special Listing Conditions:

    None

Description

$219,900 • living size area 1452 sqft

Incredible income property! priced below appraised value. triplex was fully rented till july with long terms (years) tenants. owner terminated 2 lease so property could be shown. vacant lot next door is also for sale for $50,000 and zoning permits a duplex mls# u8045834 property has a great rental history, sits in the heart of pinellas county, convenient location close to shopping and restaurant. easy access to downtown st. pete and tampa. numbers don’t lie, this is a money maker. lot size is 45 by 100 feet. property is not in a flood zone. apartment east (one side of duplex; 1 bedroom): $682 current; to be increased to $850 apartment west (other side of duplex; 1 bedroom) could get around $800 in rent. apartment 3w (separate house; 2 bedroom) can get up to $1050 in monthly rent last years gross income was $26,784. taxes, utility bill and repairs add up to $6,500 is expenses for a net income of $21,000. long term tenants in apartment 1e, started renting on october 27, 2012. owner is currently in the process of renovation the two vacant units.

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