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711 7TH AVE N St Petersburg, FL 33701
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Key Details
Sold Price $840,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,512 sqft
Price per Sqft $334
Subdivision Kinyon & Woods Add
MLS Listing ID U8135655
Sold Date 10/18/21
Construction Status Inspections
HOA Y/N No
Year Built 1950
Annual Tax Amount $5,406
Lot Size 5,662 Sqft
Acres 0.13
Lot Dimensions 48x116
Property Description
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!!!
Location
State FL
County Pinellas
Community Kinyon & Woods Add
Direction N
Interior
Interior Features Ceiling Fans(s), Open Floorplan
Heating Wall Units / Window Unit
Cooling Wall/Window Unit(s)
Fireplace false
Appliance Range, Refrigerator
Laundry None
Exterior
Exterior Feature Fence, Sidewalk
Garage Off Street
Utilities Available Cable Connected, Electricity Connected, Sewer Connected, Water Connected
Waterfront false
View Garden
Roof Type Shingle
Porch Covered, Patio
Parking Type Off Street
Garage false
Private Pool No
Building
Lot Description City Limits, Near Public Transit, Sidewalk, Paved
Foundation Slab
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Block
New Construction false
Construction Status Inspections
Others
Pets Allowed Yes
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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Bought with LUXURY & BEACH REALTY INC