2025 7th St S, Saint Petersburg, Florida 33705
- $1,649,000
- $1,699,000
2025 7th St S, Saint Petersburg, Florida 33705
- $1,649,000
- $1,699,000
Overview
- Multi-Family, Residential Income
- 11
- 9
- 5882 Sqft
Description
INCREDIBLE CASH-FLOWING PROPERTY !!!! OWNER FINANCING AVAILABLE AT A GREAT INTEREST RATE !!! *8-Unit Multifamily Investment Opportunity in Downtown St. Petersburg!* *Location:* Just minutes from downtown St. Petersburg, this property offers unparalleled access to the city’s vibrant amenities, attractions, and employment opportunities. *Property Highlights:* – 8 spacious units full updated in 2021/2022 (6 units 1 bed, 1 unit 2 beds, 1 unit 3 beds 2 baths) – 11 bedrooms and 9 bathrooms. – Gated front and back yards provide privacy and security – On-site laundry room for added convenience – Beautifully landscaped grounds with ample parking – Strong income potential with most tenants under housing authority programs -800sqft storage on site not cash-flowing at the moment (you can get extra money on renting it. $500/600 monthly even more if you split it) or convert it in extra bedrooms, it is already considered heated sqft. *Financial Highlights:* – Monthly income $13, 420 – Gross Annual Income: $161, 020+ – Net Operating Income (NOI): $123, 900+ – Cap Rate: 7.3 % – Average Rent per Unit: $1, 677 OWNER FINANCING AVAILABLE AT A GREAT INTEREST RATE !!! *Additional Features:* – Individual unit meters for electricity and water – Security cameras and motion-sensitive lighting – Close proximity to public transportation, shopping, and dining *Don’t miss out on this exceptional opportunity to own a cash-flowing multifamily property in one of St. Petersburg’s most growing neighborhoods next to Downtown!*
Address
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Address: 2025 7TH S STREET
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City: Saint Petersburg
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State/county: FL
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Zip/Postal Code: 33705
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Country: US
Details
Updated on November 12, 2024 at 4:09 am-
Property ID HZU8248112
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Price $1,649,000
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Property Size 5882 Sqft
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Land Area 0.28 Acres
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Bedrooms 11
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Bathrooms 9
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Year Built 1949
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Property Type Multi-Family, Residential Income
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Property Status Canceled
Additional details
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Roof Other
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Utilities Electricity Connected, Water - Multiple Meters
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Sewer Public Sewer
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Cooling Wall/Window Unit(s)
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Heating Wall Units / Window Unit
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County Pinellas
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Property Type Residential Income
Features
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