5475 42nd St N, Saint Petersburg, Florida 33714

  • $624,000
  • $625,000

Overview

Property ID: HZP4930567
  • Quadruplex, Residential Income
  • Property Type

Description

Great income producing property in St. Pete. ALL UNITS RENTED. UNIT 1 RENTED AT $1500 LEASE UNTIL JANUARY 2025. UNIT 2 RENTED AT $1500 LEASE UNTIL MARCH 2025. UNIT 3 RENTED $1550 LEASE UNTIL JULY 2025. UNIT 4 RENTED $1500 LEASE UNTIL JULY 2025. THIS IS A TRUE 10 CAP INVESTMENT PROPERTY 4 separate buildings. With privacy backyards. New minisplit systems installed. Each unit has outside laundry and is fenced in for privacy. TENANTS IN PLACE SIT BACK COUNT YOUR CASH WHILE DRINKING A MARGARITA. Great property for some easy passive rental income. With all tenants in place this is a PROVEN 10 CAP PROPERTY GENERATING 65K PER YEAR. Hard to find in todays market.

  • Address: 5475 42ND N STREET
  • City: St Petersburg
  • State/county: FL
  • Zip/Postal Code: 33714
  • Country: US

Details

Updated on January 14, 2025 at 1:17 am
  • Property ID HZP4930567
  • Price $624,000
  • Land Area 0.14 Acres
  • Year Built 1946
  • Property Type Quadruplex, Residential Income
  • Property Status Closed

Additional details

  • Listing Terms Cash, Conventional
  • Roof Shingle
  • Utilities Public
  • Sewer Public Sewer
  • Cooling Mini-Split Unit(s)
  • Heating Electric
  • County Pinellas
  • Property Type Residential Income

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Jamie Stevens

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