1139 40TH ST S, ST PETERSBURG, FL, 33711
$399,900
Residential Income
Bedrooms
4
Bathrooms
4
Living Area
1,760 Sqft
Lot Size
9,200 Sqft
Investors, take note: this fully occupied fourplex offers dependable cash flow from day one. The property consists of two identical duplex buildings, each with two 1-bedroom units, for four identical units in total. The matching floor plans make maintenance, turnovers, and rent comparisons simple. All four units are leased, and three of the four tenants are long-term residents, giving you an established rent roll and low turnover. Each unit has its own separately metered power and water, so tenants pay their own utilities and your operating costs stay down. A separate outbuilding adds flexibility. Use it as storage, or convert it into an on-site laundry facility for an additional income stream. Four dedicated off-street parking spaces, plus ample street parking, add convenience for residents. Whether you’re expanding your portfolio or buying your first multifamily property, 1139 40th St S combines steady occupancy, efficient operations, and room to add value. Schedule your showing today. Please do not disturb tenants.
Property Details
Property Features Property Features
MLS ID: MFRTB8556986 Year Built: 1959
Appliances: Range, Refrigerator Construction Materials: Frame
Cooling: Wall/Window Unit(s) Country: US
County Or Parish: Pinellas Exterior Features: Outbuildings, Other, Private Entrance, Private Mailbox
Flooring: Ceramic Tile Foundation Details: Slab
Furnished: Unfurnished Heating: Baseboard, Ductless
Laundry Features: None Lease Term: Twelve Months
Levels: One Listing Agreement: Exclusive Right To Sell
Listing Terms: Cash, Conventional Lot Features: City Limits
Occupant Type: Tenant Other Equipment: Private Entrance
Other Structures: Storage Parking Features: Common, Off Street, On Street, Open, Parking Pad
Patio And Porch Features: Covered, Enclosed, Screened Property Sub Type: Quadruplex
Property Type: Residential Income Road Surface Type: Asphalt
Roof: Shingle Sewer: Public Sewer
Showing Requirements: Appointment Only, Call Listing Agent, No Lockbox, See Remarks Special Listing Conditions: None
Standard Status: Active State Or Province: FL
Utilities: Electricity Connected, Public, Sewer Connected, Water Connected Water Source: Public
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