$875,000
$1,100,000
20.5%For more information regarding the value of a property, please contact us for a free consultation.
4091 58TH AVE N St Petersburg, FL 33714
4,948 SqFt
Key Details
Sold Price $875,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 4,948 sqft
Price per Sqft $176
Subdivision None
MLS Listing ID U8144902
Sold Date 03/03/22
Construction Status Other Contract Contingencies
HOA Y/N No
Year Built 1959
Annual Tax Amount $10,376
Lot Size 1.140 Acres
Acres 1.14
Lot Dimensions 79x630
Property Description
INSTANT CASH FLOW! Just a couple blocks from new Amazon facility being built, so there will always be rental opportunities. This 10-unit property currently includes 8 buildings (1 triplex, plus 7 cottages). All units are one-bedroom/one-bath. Huge lot includes 128’x79’ (approx.) of vacant land at the end of the property. Buildings are various ages built between 1925 to 1962. Sold As-Is and seller will not be making any repairs – please request the disclosures prior to scheduling a showing. Price reflects current condition and is based on current net income of $72K. Four concrete block cottages with garages that have washer/dryer hookups, the rest are wood frame with no garages or laundry hook-ups. The triplex has a garage that is currently being used as the owner’s workshop/storage. All units are currently rented – some on leases, others are month-to-month (with some being rented under market value). Do NOT disturb tenants. Showings by appointment only. This large 49,524 sq ft lot (1.14 acres) is not in a flood zone and is close to shopping and the interstate. See the virtual tour for drone video of the property.
Location
State FL
County Pinellas
Zoning C-2
Direction N
Interior
Interior Features Ceiling Fans(s), Master Bedroom Main Floor
Heating Baseboard, None
Cooling Wall/Window Unit(s)
Flooring Carpet, Ceramic Tile, Linoleum, Wood
Furnishings Unfurnished
Fireplace false
Appliance Electric Water Heater, Range, Refrigerator
Laundry In Garage
Exterior
Exterior Feature Other
Garage Spaces 4.0
Utilities Available Electricity Connected, Sewer Connected, Water Connected
Waterfront false
Roof Type Other,Shingle
Attached Garage true
Garage true
Private Pool No
Building
Lot Description Level, Near Public Transit, Oversized Lot, Paved, Unincorporated
Entry Level One
Foundation Slab, Stilt/On Piling
Lot Size Range 1 to less than 2
Sewer Public Sewer
Water Public
Structure Type Block,Wood Frame
New Construction false
Construction Status Other Contract Contingencies
Schools
Elementary Schools Lealman Avenue Elementary-Pn
Middle Schools Pinellas Park Middle-Pn
High Schools Dixie Hollins High-Pn
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional, Other
Listing Terms Cash, Conventional, Other
Special Listing Condition None
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Bought with 10 STARS PROPERTY MANAGEMENT LLC
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