Scott Chevailer - Coldwell Banker Tony Hubbard
527 8th Street N
SAINT PETERSBURG, FL 33701

Description

New roof on Building #2! Ideally located just a couple blocks from downtown St.Pete this apartment complex has 100% occupancy with rental history and leases provided upon request. Priced at a 7.52% CAP rate, this is an ideal investment for the experienced, savvy investor or a new investor ready to just take over and start making money right away. 7 units with annual gross rents of $84,000 and netting $49,552 with profit and loss on the sellers Schedule C tax return to document all monies. This investment has it all and won't last long on the market. The rental market is hot right now and expected to continue for at least the next decade. Get your slice of the pie and become the proud new owner of this apartment complex now!

Details

MLS#U8014649
Sub-TypeResale
StatusActive
Year1925
Days On Site123

Features

SQ Feet4,616
Units7
Building(s)2

Market Activity 33701

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Area Information

StateFL
CountyPinellas
CitySAINT PETERSBURG
Zip Code33701
Area33701 - St Pete
Listing VS Median (in 33701)
Price:
$659,000
low | high
Med:
$465,000
79.438543247344% of Average
SqFt:
4,616
low | high
Med:
1,693
100% of Average
$ / SqFt:
$143
low | high
Med:
$290
53.168610728021% of Average
On Site:
123
low | high
Med:
206
59.708737864078% of Average
Listing Updated: 12/14/2018
MLS Number: U8014649
Listing Provided By:
Jack Schramm  of  RE MAX METRO

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