Value add portfolio of 18 Units in Downtown St Petersburg including 6 houes, 1 quads, 4 duplexes. 100% occupied with high rents with annual gross of $323,604.Also included in the sale would the lots located between units 610 14th Street and 544 14th St N where you can build additional units. Fantastic location located right next to Baycare's St Anthonys hospital. Property stays consistently occupied due to it's downtown location and proximity to the hospital. Perfect investment to do improvements and increase rents. Rents are 15-20% below market with 60 day termination clauses. Currently going through zoning change to allow more density.
Property Features
Cooling Information
Central Air
Wall/Window Unit(s)
Heating Information
Electric
Water Features
Public
Basement
Crawl Space
Listing Courtesy: ELITE TAMPA BAY REALTY LLC - 844-354-8373