Saint Petersburg, FL 33709,6538 42ND AVE N
Saint Petersburg, FL 33709,6538 42ND AVE N
Saint Petersburg, FL 33709,6538 42ND AVE N
19
$1,145,000
$1,275,000
10.2%
Est.Price: ?

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5,028 SqFt

6538 42ND AVE N Saint Petersburg, FL 33709

Est. payment /mo
SOLD DATE : 04/15/2022

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Key Details

Sold Price $1,145,000

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 5,028 sqft

Price per Sqft $227

Subdivision Fraze Acres

MLS Listing ID U8151948

Sold Date 04/15/22

HOA Y/N No

Year Built 1958

Annual Tax Amount $8,479

Lot Size 0.380 Acres

Acres 0.38

Lot Dimensions 120x138

Property Description

INCOME OPPORTUNITY - 4 DUPLEXES (8 rental units) on a double lot. All units are 2-bedroom/1-bath apartments that are currently leased under market value. Expected annual gross income in As-Is condition is $86,400 to $105,600 ($900-$1,100 per unit). With some remodeling, these could easily rent for $1,200 per month or more. Block construction on concrete slabs with terrazzo floors throughout. Each building also has one attached 6x8 storage unit with laundry hook-ups. Central location is just a short 15-minute drive to the beach, a couple blocks from St. Petersburg General Hospital, shopping and restaurants - so there will never be a problem keeping them rented. 24 notice required for showing. Do not disturb tenants. Being sold in As-Is condition. Be sure to review the Property Disclosures before submitting an offer.

Location

State FL

County Pinellas

Community Fraze Acres

Zoning RM-15

Direction N

Interior

Interior Features Kitchen/Family Room Combo

Heating Wall Units / Window Unit

Cooling Wall/Window Unit(s)

Flooring Terrazzo

Furnishings Unfurnished

Fireplace false

Appliance Range, Refrigerator

Exterior

Exterior Feature Sidewalk, Storage

Parking Features Off Street

Utilities Available Cable Available, Electricity Connected, Public

Roof Type Shingle

Garage false

Private Pool No

Building

Foundation Slab

Lot Size Range 1/4 to less than 1/2

Sewer Public Sewer

Water Public

Structure Type Block

New Construction false

Others

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

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Stellar MLS
Listed by KELLER WILLIAMS GULF BEACHES
Bought with EXP REALTY LLC

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agent

Jose Moreno

Agent | License ID: 3349604

+1(786) 930-3607

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