$515,000
$515,000
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1,810 SqFt
SOLD DATE : 11/13/2020
Key Details
Sold Price $515,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,810 sqft
Price per Sqft $284
Subdivision Verona Sub
MLS Listing ID U8085300
Sold Date 11/13/20
Construction Status No Contingency
HOA Y/N No
Year Built 1946
Annual Tax Amount $3,475
Lot Size 10,454 Sqft
Acres 0.24
Lot Dimensions 90 x 116
Property Description
High income, full rented, NON-FLOOD zone quadplex located in St. Petersburg on a double lot with over 9% cap rate! This quadplex has two buildings. The first building has been completely redone and include 1 two bedroom, 1 bath and a studio apartment. The second building also includes 1 two bedroom, 1 bath and a studio apartment.Each building has a new roof. There is ample parking on the property which includes a huge driveway and 4 additional spots in the front of the home. There is an open courtyard in the back for relaxing outside/grilling. Each unit has their own assigned parking space, mailbox and entry to the unit.The front building is separately metered for electric and landlord pays water, sewer & trash. The two bedroom, 1 bathroom unit has been completely redone from the ground up and includes hardwood floors throughout, stainless steel appliances, a dishwasher, in-unit laundry, recessed lightening throughout and fans in each bedroom, the living room and brand new blinds as well. The bathroom includes a new vanity, toilet and stunning walk in shower with stainless steel fixtures. It also has a beautiful Spanish style porch on the front of the home as well. AC is 2017. The studio has all brand new stainless steel appliances with new granite countertops. double sink and a stunning backsplash. Other amenities include in-unit laundry, recessed lightening throughout and a mini-split AC unit.The back building is on one electric meter and one water meter that landlord pays. Each back unit has window AC units with long term tenants in place. A one garage garage allows for additional revenue with coin laundry in place and additional storage.There is no work needed as all units are rented out with leases in place. Start making money right away. VIEWED BY APPOINTMENT ONLY. PROPERTY IS OCCUPIED - Please DO NOT DISTURB TENANTS. Perfect 1031x exchange
Location
State FL
County Pinellas
Community Verona Sub
Direction N
Interior
Heating Central, Electric, Wall Units / Window Unit
Cooling Central Air, Wall/Window Unit(s)
Fireplace false
Exterior
Exterior Feature Fence
Garage Spaces 1.0
Utilities Available Electricity Connected, Sewer Connected, Street Lights, Water - Multiple Meters
Waterfront false
Roof Type Shingle
Attached Garage true
Garage true
Private Pool No
Building
Foundation Crawlspace, Slab
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Block,Wood Frame,Wood Siding
New Construction false
Construction Status No Contingency
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional, VA Loan
Listing Terms Cash, Conventional, VA Loan
Special Listing Condition None
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Bought with INVESTMENT FLORIDA REALTY LLC
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Agent | License ID: SL3269324