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742 7TH Avenue N

St Petersburg, FL 33701
  • $1,230,000
  • STATUS: Closed
  • ON SITE: 385 Days
  • MLS #: U8201782
Sold - 07/14/2023
$1,230,000
SOLD - 07/14/2023
  • 0
    BEDS
  • 0.18
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,515
    SQFT
  • $0
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1915
County:
Area:

School Ratings & Info

Description

This 8-unit turnkey apartment opportunity is located in the heart of downtown urban core district of St. Petersburg, Florida. The asset has been meticulously renovated over the last several years. Capital improvements include a new roof in October 2022, electrical upgrade to the entire property in 2020 & 2022, new kitchens in 5 of the 8 units in addition to new flooring, paint, exterior stairs, laundry equipment, fencing and exterior vinyl siding. All of these improvements make this asset a standout property over the competition in the area. The property consists of 3 separate buildings, an original bungalow, a large garage apartment with multiple garage bays and ample storage for supplies, and a two-story main building. 2 of the largest units have central (mini-split systems). The property offers off-street parking for 5 vehicles. Current rents are slightly below market due to the owner being a part-time resident and not pushing for maximum revenue but rather a full house scenario operation.

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© 2024 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2024-06-13T20:56:10.993.
www.cartwrightrealtyoftampa.com/homes/139862177
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742 7TH Avenue N St Petersburg, FL 33701

  • Price: $1,597,659
  • Status: Closed
  • On Site: 385 Days
  • Updated: 71 min ago
  • MLS #: U8201782
0
Beds
0
Baths
0
½ Baths
0.18
Acres
3,515
SQFT
$0
$/SQFT
1915
Built
Neighborhood:
Plunkets Elijah B
County:
Pinellas
Area:
St Pete
Property Description
This 8-unit turnkey apartment opportunity is located in the heart of downtown urban core district of St. Petersburg, Florida. The asset has been meticulously renovated over the last several years. Capital improvements include a new roof in October 2022, electrical upgrade to the entire property in 2020 & 2022, new kitchens in 5 of the 8 units in addition to new flooring, paint, exterior stairs, laundry equipment, fencing and exterior vinyl siding. All of these improvements make this asset a standout property over the competition in the area. The property consists of 3 separate buildings, an original bungalow, a large garage apartment with multiple garage bays and ample storage for supplies, and a two-story main building. 2 of the largest units have central (mini-split systems). The property offers off-street parking for 5 vehicles. Current rents are slightly below market due to the owner being a part-time resident and not pushing for maximum revenue but rather a full house scenario operation.
Exterior Features

Carport Yn No Construction Materials Wood Frame Covered Spaces 0 Exterior Features BalconyOther Lot Size Dimensions 56X140 Open Parking YN No Pool Private Yn No Road Surface Type Paved Roof Shingle Water Access Yn No Water Extras Yn No Water View Yn No Waterfront Feet Total 0 Waterfront Yn No

Interior Features

Cooling Mini-Split Unit(S) Cooling YN Yes Fireplace Yn No Heating CentralOther Heating YN Yes Interior Features Other Sewer Public Sewer Water Source Public

Property Features

Annual Net Income 87871 Association Yn No Cdd Yn No Flood Zone Code B & X Garage Yn No Listing Terms CashConventionalOther New Construction Yn No Ownership Fee Simple Property Sub Type Multi-Family Senior Community Yn No Special Listing Conditions None Tax Annual Amount 8427.68 Total Annual Fees 0 Total Monthly Fees 0 Utilities Cable AvailableElectricity ConnectedPublicSewer ConnectedWater Connected


Listing information © 2024 My Florida Regional MLS DBA Stellar MLS..
Listing provided courtesy of RADIANT ASSET MANAGEMENT INC: 727-873-3756.



© 2024 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2024-06-13T20:56:10.993.
 
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Cartwright Realty
24638 State Road 54
Lutz FL, 33599