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listing
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Residential IncomeSold
List Price $899,900
Sold Price $840,000
711 7Th Avenue N
St Petersburg, FL 33701
Listed by: Re/max Preferred, (727) 804-0655
MLS: Stellar MLS
2,512Sq Ft
Est. Mortgage
$4,745/mo

RARE OPPORTUNITY to purchase a 6 UNIT, FULLY OCCUPIED PROPERTY IN HIGH-DEMAND and WALKABLE HISTORIC UPTOWN!!!!! This EXCELLENTLY LOCATED property is a GREAT UNIT MIX of 4 Studios and two 1 Bedroom apartments - both high-demand products in our booming rental market. 100 PERCENT OCCUPIED, SEPARATELY METERED for electric, with OFF STREET PARKING SPACES, COURTYARD, fresh paint and a 2017 ROOF make this a TURN-KEY property for any investor on the spectrum, new or experienced. Located in the incredibly WALKABLE Historic UPTOWN area, this property will be sure to provide SOLID, CONSISTENT CASH-FLOW for the next owner. This area is IN-DEMAND for rentals, and will remain that way for the foreseeable future as downtown ST PETE continues to boom! This NO-FLOOD ZONE property is located just blocks from the DOWNTOWN ST PETE - an IDEAL LOCATION for Tenants!! Walk to Central Ave and all of the excellent restaurants, shops and breweries, and the DINING, ENTERTAINMENT, CULTURAL ATTRACTIONS and WATERFRONT PARKS that DOWNTOWN ST PETE is so rightly famous for!!! With easy access to the freeway it's also just a short drive to our amazing BEACHES or downtown Tampa - truly something for everyone. The property has STABLE RENTS with SIGNIFICANT UP-SIDE POTENTIAL!! This property CAN BE PURCHASED SEPARATELY or AS A PORTFOLIO with 2 other properties totaling 20 Units in the same neighborhood - a pre-packaged ST PETERSBURG investment portfolio with management in place if wanted - all set to go!!!! Don't wait - invest now in the future of St Pete!!!

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Listing provided by Re/max Preferred
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