$765,000
For Sale

4631 40TH STREET N

St Petersburg, FL 33714
2759 sqft | 8 beds | 0.17 acres | #U8219428
Browse 68 photos
Type:Multi-Family
Structure:Duplex/Multi-Unit
Zone:Residential

Description

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.

  • Property Details
      • Utility FeaturesCable Connected, Electricity Connected, Natural Gas Connected, Public, Sewer Connected, Water Connected
      • InteriorOther, Stone Counters
      • Property TypeMulti-Family
      • Sewer InformationPublic Sewer
      • Property SubtypeMulti-Family
      • SubdivisionWILSONS REP
      • Lot DescriptionCorner Lot
      • CountyPinellas
      • Original List Price$765,000
      • MLS #U8219428
      • MLS #U8219428
      • Utility SourcePublic
      • Taxes Annual$6,367
      • Cost765000
      • Exterior MaterialsOther
      • Acres0.17
      • Square Feet2759
      • Year Built1982
      • FoundationSlab
      • Days on Market (Cumulative)416
      • Bedrooms8
      • Parking Spaces1

Location

Darren GreeneReal Estate Group
$
years

Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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