Overview
- Quadruplex, Residential Income
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
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Address: 5475 42ND N STREET
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City: St Petersburg
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State/county: FL
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Zip/Postal Code: 33714
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Country: US
Details
Updated on January 14, 2025 at 1:17 am-
Property ID HZP4930567
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Price $624,000
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Land Area 0.14 Acres
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Year Built 1946
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Property Type Quadruplex, Residential Income
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Property Status Closed
Additional details
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Listing Terms Cash, Conventional
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Roof Shingle
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Utilities Public
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Sewer Public Sewer
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Cooling Mini-Split Unit(s)
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Heating Electric
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County Pinellas
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Property Type Residential Income
Features
Mortgage Calculator
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Down Payment
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Loan Amount
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Monthly Mortgage Payment
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Property Tax
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Home Insurance
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PMI
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Monthly HOA Fees