4631 40TH ST N, ST PETERSBURG, FL, 33714
$745,000
Residential Income
Bedrooms
8
Bathrooms
8
Living Area
2,409 Sqft
Lot Size
7,488 Sqft
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.
Property Details
Property Features Property Features
MLS ID: MFRU8219428 Year Built: 1982
Construction Materials: Block Cooling: Central Air
Country: US Exterior Features: Other
Financial Data Source: Owner Foundation Details: Slab
Furnished: Unfurnished Heating: Central, Natural Gas
Laundry Features: Inside Levels: One
Listing Agreement: Exclusive Right To Sell Lot Features: Corner Lot
Parking Features: Driveway, Open, Oversized, Parking Pad Property Sub Type: Multi-Family
Property Type: Residential Income Road Surface Type: Asphalt
Roof: Shingle Sewer: Public Sewer
Showing Requirements: Appointment Only, Call Listing Agent Special Listing Conditions: None
Standard Status: Active State Or Province: FL
Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Public, Sewer Connected, Water Connected Water Source: Public
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