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!*
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!*
Property Details
Price:
$1,649,000
MLS #:
U8248112
Status:
Active
Beds:
11
Baths:
9
Address:
2025 7TH STREET S
Type:
Multi Family
Subdivision:
SCHOOLEYS HOMEVILLE
Neighborhood:
33705 – St Pete
City:
SAINT PETERSBURG
Listed Date:
Jul 1, 2024
State:
FL
Finished Sq Ft:
5,882
Total Sq Ft:
5,882
ZIP:
33705
Lot Size:
12,367 sqft / 0.28 acres (approx)
Year Built:
1949
Units:
8
See this Listing
I have been selling real estate for over 23 years from New York to Florida. My main service areas include Celebration, Marco Island, Miami, Naples, Orlando, Sarasota, Tampa, Windermere. We can help you buy or sell real estate anywhere in the State of Florida. Looking for Golf Course Homes For Sale, Luxury Estates, Beachfront Condos, Gated Communities, Fine Homes and Estates, we cover it all.
More About GaryMortgage Calculator
Schools
Interior
Cooling
Wall/ Window Unit(s)
Heating
Wall Units / Window Unit
Laundry Features
Common Area, Laundry Room, Outside
Exterior
Construction Materials
Block, Stucco
Exterior Features
Balcony, Courtyard, Fenced, Lighting, Private Mailbox, Rain Gutters, Sidewalk, Storage
Roof
Other
Financial
Tax Year
2023
Taxes
$14,298
Map
Community
- Address2025 7TH STREET S SAINT PETERSBURG FL
- SubdivisionSCHOOLEYS HOMEVILLE
- CitySAINT PETERSBURG
- CountyPinellas
- Zip Code33705
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Courtesy of PREMIER PORTFOLIO INTL REALTY. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Stellar MLS. Detailed information about real estate listings held by brokerage firms other than CENTURY 21 Carioti include the name of the listing broker. Neither the listing company nor CENTURY 21 Carioti shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. Stellar MLS. All rights reserved. 2025 7TH STREET S
SAINT PETERSBURG, FL
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