$624,999
Active · 69 days on market · MLS# MFRTB8503357
| Bedrooms | 8 |
|---|---|
| Living area | 2,892 sq ft |
| Lot size | 0.15 acres |
| Year built | 1925 |
| Property type | Quadruplex |
| Private pool | Yes |
| Waterfront | Yes |
| Annual taxes | $6,578 |
| County | Pinellas |
4-Unit Investment Property – Strong Cash Flow + Upside Potential Fantastic opportunity to own an updated, income-producing multi-family property just minutes from St. Petersburg. This large, two-story building features 4 identical units, each offering 2 bedrooms and 1 bathroom, with two units upstairs and two downstairs. The property has been renovated in 2025, with updated interiors and a freshly painted exterior, providing a no-deferred-maintenance investment. Each unit is in great condition, making this a turnkey asset ready for immediate cash flow. Currently generating $5,400/month (3 units at $1,400 and 1 unit at $1,200), this property already cash flows well, with future rent increase potential to further boost returns.Situated on a large lot, the property offers ample parking in both the front and rear, along with a fully fenced yard for added privacy and security. Located in a quiet residential neighborhood, yet just minutes from downtown and with quick access to I-275, this location is highly attractive to tenants.
Listing courtesy of Aldo Delacruz, KELLER WILLIAMS SOUTH TAMPA. Presented by MC Homes Realty Inc · 727432218.