4631 40TH ST N, ST PETERSBURG, FL 33714

$675,000

Pending · 71 days on market · MLS# MFRTB8412584

Bedrooms8
Living area2,409 sq ft
Lot size0.17 acres
Year built1982
Property typeMulti-Family 5+
Garage spaces1
Private poolYes
WaterfrontYes
Annual taxes$7,781
CountyPinellas

About this home

Under contract-accepting backup offers. 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.

Listing courtesy of Paul Traxler, RE/MAX ACTION FIRST OF FLORIDA. Presented by MC Homes Realty Inc · 727432218.

View photos, map and full details · Search more homes