805 4th Avenue N, St Petersburg, FL 33701
sale
$2,200,000
|
Multi-Family
Courtesy Of RE/MAX Metro
Many possible opportunities for redevelopment. Property has DC-2 zoning. Currently operated as a 12 unit apartment building with two vacant adjoining lots. Four 1 bedroom units and eight studio units. All units have full kitchens. 1 bedroom units lease for $650 and should be leasing for $1000 plus per month and studio units lease for $550 to $625 per month and should be at $700 per month. All current leases are month to month, but most of the tenants have been long term occupants. Roof was replaced in 2020 and central air has recently been installed in two of the 1BR units. Electric has been updated and each unit is metered separately. Plumbing has also been updated. There is an alley right of way behind the property that runs parallel to the overpass. Many new residential developments in the immediate area. Only a few blocks North of the Central Avenue Edge District.
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Virtual Tour
Property Features
- Age: Over 50 Years Old
- Appliance: Refrigerator
- Architecture Style: Other
- Cooling System: Window Unit(s) A/C
- Cooling System: Central A/C
- Exterior Type: Asbestos
- Exterior Type: Wood
- Floor Covering: Vinyl
- Floor Covering: Carpet
- Heating Fuel: Electric
- Legal Description: MITCHELL'S SUB OF MOFFETT'S LOT 6
- MLSID: U8139724
- Roof Type: Composition Shingle
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