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Gelfand Realty Miami Properties - Multi Family

7181 49TH N, ST PETERSBURG, FL 33709

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Multi Family - BARCELO PARK

7181 49TH N, ST PETERSBURG, FL 33709

Sold Price$276,500 Asking Price$284,900

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  • Days on market:

    126 day(s)
  • Original Price:

    $299,000
  • Price per sqft:

    $149.48
  • Tax Legal Description:

    BARCELO PARK BLK 4, LOT 10
  • Tax Year:

    2017
  • Property Type:

    Multi Family
  • Parking:

    None Parking Pad
  • Construction Type:

    Block
  • Roof:

    Shingle
  • Cooling Description:

    Central Air
  • Heating Description:

    Central
  • Exterior Features:

    Sidewalk
  • Special Listing Conditions:

    None

Description

$284,900 • living size area 1906 sqft

Exceptional opportunity to live at a low cost!!! this home is not just a single family home, but a triplex (legally, however there is opportunity to make it a quadplex). the 2 bedroom 1 bathroom home has a breezeway and an in-ground pool. there are two additional rentals that come with this deal and will offset the cost of your mortgage and could even be a good cash flow opportunity! there is an attached 1 bedroom, 1 bath upstairs apartment and a separate "efficient cottage" in the rear. there is a game room with a full bath off of the pool, plenty of storage for the owner. one unit is currently rented for $600/month, one for $725/month and one for $1600/month. cap rate 8.6%!!

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