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Gelfand Realty Miami Properties - Multi Family

875 18TH N, ST PETERSBURG, FL 33704

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Multi Family - CRESCENT LAKE

875 18TH N, ST PETERSBURG, FL 33704

Sold Price$540,000 Asking Price$549,000

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  • Days on market:

    11 day(s)
  • Original Price:

    $549,000
  • Price per sqft:

    $252.41
  • Tax Legal Description:

    EATON'S, W.T. EUCLID BLVD LOT 8
  • Tax Year:

    2019
  • Property Type:

    Multi Family
  • View:

    GardenCity
  • Elementary School:

    Woodlawn Elementary-PN
  • Middle School:

    John Hopkins Middle-PN
  • Senior High School:

    St. Petersburg High-PN
  • Lease Term Remaining:

    12 Months
  • Construction Type:

    Block
  • Roof:

    Shingle
  • Cooling Description:

    Central Air
  • Heating Description:

    ElectricCentral
  • Floor Description:

    Laminate
  • Interior Features:

    Ceiling Fan(s) Stone Counters Thermostat
  • Exterior Features:

    Irrigation System Sidewalk
  • Equipment/Appliances:

    RefrigeratorDryerWasherFreezer Range Range Hood Tankless Water Heater
  • Special Listing Conditions:

    None
  • Lot Features:

    Corner Lot SidewalkCity Lot Near Public Transit

Description

$549,000 • living size area 2175 sqft

Great income producing quad-plex situated in the heart of st. pete's desirable crescent lake neighborhood, just blocks to crescent lake park with tennis courts, baseball field, dog park, exercise path and playground, and only one more block to the trendy 4th street north commercial corridor with plenty of restaurants, boutiques and entertainment venues, yet also close to downtown with easy & quick access to i-275 on-ramps to tampa nearby as well. this block building consists of four 1 bedroom/1 bath units which were fully renovated and updated in 2015 with all new kitchens, with quarts counter-tops, soft touch shaker cabinets as well as updated baths, a/c units, windows, doors, wiring, appliances and fixtures. each unit also has its own laundry and has plenty of parking options for tenants with on-site parking as well as guest, street parking available in this non-evacuation zone situated property. currently fully leased with several long-term tenants in-place and plenty of upside potential for future rents to come. with all block construction, concrete back porch and easement, and only a very small florida-scaped front yard, maintenance is kept to a minimum. currently professionally, property managed this property is a class a income-producing multi-family opportunity which will not last long.

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