254 24th Street N, St Petersburg, FL 33713

$595,000
2,409
SqFt
List Price
$595,000
Status
Active
Days on Market
20
MLS#
U8088973
Property Style
Quadruplex
Year Built
1925
Living Area
2,409
Lot Size
2,840
Acres
0.07
Total Acreage
Up to 10, 889 Sq. Ft.
Legal Subdivision Name
St Petersburg Investment Co Sub
MLS Area Major
St Pete

Property Description

EXCELLENT OPPORTUNITY to acquire an IDEALLY LOCATED, FULLY OCCUPIED 4 UNIT APARTMENT BUILDING in HIGH-DEMAND and WALKABLE HISTORIC KENWOOD!!  This income-generating property is in one of the HIGHEST-DEMAND areas of DOWNTOWN ST PETERSBURG!  Each of the 1BR/1BA units with LARGE ROOMS, HARDWOOD FLOORS and INDIVIDUAL COVERED BALCONIES (PRIVATE on 2nd FLOOR!) are sure to appeal to tenants wanting to enjoy a truly WALKABLE lifestyle in DOWNTOWN ST PETERSBURG, ensuring EXCELLENT RENTS as ST PETE continues to grow! Separately metered for both electric and gas, this property will be sure to provide SOLID, CONSISTENT CASH-FLOW for the next owner.  This NO-FLOOD ZONE, 100% OCCUPIED property is located just blocks from the GRAND CENTRAL DISTRICT of booming DOWNTOWN ST PETE - an IDEAL LOCATION for Tenants!! Walk to Central Ave and all of the excellent restaurants, shops and breweries, and just a few steps further for all of the amazing DINING, ENTERTAINMENT, CULTURAL ATTRACTIONS and WATERFRONT PARKS that DOWNTOWN ST PETE is so rightly famous for!!! With easy access to the freeway it's also just a short drive to our amazing BEACHES or downtown Tampa - truly something for everyone.  This location is in-demand and will remain so for rentals as St Pete continues to grow.  The property has STABLE RENTS with SIGNIFICANT UP-SIDE POTENTIAL!!  This property CAN BE PURCHASED SEPARATELY or AS A PORTFOLIO with 935 21st AVE N (DUPLEX), 1345 14th ST N (TRIPLEX), 2736 4th Ave N (TRIPLEX), 2409 4th Ave N (6-PLEX) and 1215 10th ST N (TRIPLEX) if desired - a pre-packaged ST PETERSBURG investment portfolio with management in place if wanted - all set to go!!!! Contact soon to schedule a showing!

Additional Information

Taxes
$3816
Location
In City Limits, Near Public Transit, Sidewalk, Street Brick
Community Features
No Deed Restriction
Interior Layout
Ceiling Fans(s)
Interior Features
Ceiling Fans(s)
Floor
Wood
Appliances
Range, Refrigerator, Tankless Water Heater
Utilities
Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Heating
Wall Units / Window Unit
Air Conditioning
Wall/Window Unit(s)
Exterior Construction
Wood Frame
Exterior Features
Balcony
Roof
Shingle
Foundation
Crawlspace
Pool
No Pool
Flood Zone Code
X
Parcel ID
23-31-16-78390-010-0010
Legal Description
ST PETERSBURG INVESTMENT CO SUB BLK 10, S 43FT OF LOT 1 & S 43FT OF E 16FT OF LOT 2

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of RE/MAX PREFERRED.

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