4631 40TH ST N new

St Petersburg,FL 33714

$ 685000

8 Beds

8 Baths

2409 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,409 sqft

Price per Sqft $284

Subdivision Wilsons Rep

MLS Listing ID TB8412584

Bedrooms 8

Year Built 1982

Annual Tax Amount $7,780

Lot Size 7,405 Sqft

Property Sub-Type Multi Family

Property Description

Rare opportunity to own a building with 8 units. Central location in Lealman that is located in a non evacuation & non flood zone.. Block construction and built in 1982. Roof was replaced in 2013 Electric and some plumbing has been updated. Long time month to month tenants currently occupy the property and the units are currently rented at a price that is well below the local market. The street was recently redone including new sidewalk. The landlord uses the oversized 1 car garage for storage. Landlord pays all utilities. Estimated monthly utilities Electric $660, Water, Sewer & Trash $300, Cable $183, Gas $60. Two central A/C units provide heat and air. There is natural gas for the two hot water tanks , gas heat and the gas range in unit #8. This property has lots of potential to grow the current income stream.

Location

State FL

County Pinellas

Community Wilsons Rep

Area 33714 - St Pete

Zoning R-3

Rooms

Other Rooms Inside Utility

Interior

Heating Central,Natural Gas

Cooling Central Air

Flooring Tile

Laundry None

Exterior

Exterior Feature Other

Garage Spaces 1.0

Utilities Available Cable Connected,Fire Hydrant,Sewer Connected

Roof Type Shingle

Building

Foundation Slab

Sewer Public Sewer

Water Public

Structure Type Block,Frame

New Construction false

Others

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition None

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