5845 Fairfield Avenue S, St Petersburg, FL 33707
sale
$1,100,000
|
Multi Family
Courtesy Of BRIDGEWATER COMMERCIAL RE
Under contract-accepting backup offers. Call For Offers on October 31st, 2024. True St. Pete value add multifamily opportunity.
We are pleased to present 5848 Fairfield Ave, a true St. Pete value add multifamily investment opportunity, to the market. This 2 story 8 unit multifamily property is currently receiving just slightly below market rents, and boasts the opportunity to increase rents to market value after renovations. With the Pinellas Trail abutting it s back yard, a 10 minute drive to both St. Pete Beach and Treasure Island, and a short walk to both Boca Ciega Highschool and Central Ave, this property sits in a prime location for long term appreciation.
We are pleased to present 5848 Fairfield Ave, a true St. Pete value add multifamily investment opportunity, to the market. This 2 story 8 unit multifamily property is currently receiving just slightly below market rents, and boasts the opportunity to increase rents to market value after renovations. With the Pinellas Trail abutting it s back yard, a 10 minute drive to both St. Pete Beach and Treasure Island, and a short walk to both Boca Ciega Highschool and Central Ave, this property sits in a prime location for long term appreciation.
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Property Features
- Age: Over 50 Years Old
- Architecture Style: Other
- Building Units: 8
- Cooling System: Central Air
- Exterior Type: Block
- Legal Description: PASADENA PARK W.A.B. REPLAT LOT 3
- MLSID: U8252643
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