1026 12th Street N, St Petersburg, FL 33705

$825,000
3,018
SqFt
List Price
$825,000
Status
Pending
Days on Market
12
MLS#
U8136846
Property Style
Multi-Family
Year Built
1925
Living Area
3,018
Lot Size
6,090
Acres
0.14
Total Acreage
0 to less than 1/4
Legal Subdivision Name
Edina Garden Of Eden
MLS Area Major
St Pete

Property Description

This is truly a unique apartment building, has been in the family since 1925 (95 years) and are the original owners. The property is located within a short bike ride to downtown St. Pete’s waterfront and entertainment district. This six-unit complex has been very well maintained, two efficiencies and four 1 bedrooms. All buildings have been rewired to code with hard wired interconnected smoke detectors. New roofs as of January 2021. All sewer lines are replaced with PVC and cleanouts. All galvanized water lines have been replaced from the street meter with PVC to each unit along with shut-off valves. Fire extinguishers have been recertified. Laundry facility on premises along with large storage area. State licenses are current. Security lights along with Blink Security cameras outside in common areas. The owner has kept the rents low to avoid turnover. Rents could be much higher. Some tenants are long term. All leases are month to month. Current income $56,400. Projected Income $87,600. The water bill is evenly split between all six tenants, monthly. The neighborhood is historic in nature and is surrounded by new million dollar plus homes and very well-maintained historic properties. Short walking distance to St Anthony’s BayCare Hospital and the 4th Street restaurant district. The owner has taken pride in the property, and it shows

Additional Information

Taxes
$4928
Annual Gross Income
56400
Community Features
No Deed Restriction
Interior Layout
Ninguno
Interior Features
Ninguno
Utilities
Cable Connected, Electricity Connected, Fire Hydrant, Public, Sewer Connected, Street Lights, Water Connected
Heating
Central, Wall Units / Window Unit
Air Conditioning
Central Air, Wall/Window Unit(s)
Exterior Construction
Wood Frame
Exterior Features
Lighting, Sidewalk
Roof
Shingle
Foundation
Crawlspace
Pool
No Pool
Flood Zone Code
non ev
Parcel ID
13-31-16-25254-000-0150
Legal Description
EDINA GARDEN OF EDEN LOT 15

Mortgage Calculator

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Listing courtesy of COLDWELL BANKER RESIDENTIAL.

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