540 14TH ST N new Save Request In-Person Tour Request Virtual Tour
St Petersburg,FL 33705
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 70,480 sqft
Price per Sqft $51
Subdivision Bon Air
MLS Listing ID TB8429450
Bedrooms 23
Construction Status Completed
HOA Y/N No
Year Built 1977
Lot Size 1.620 Acres
Acres 1.62
Property Sub-Type Multi Family
Source Stellar MLS
Property Description
Value add 18 Units in Downtown St Petersburg. 100% occupied with high rents with annual gross of $323,604. Property consists of 4 two bedroom apartments, 4 single family two bedroom homes, 3 studio apartments and 7 one bedroom apartments. Also included in the sale would the lot located between units 610 14th Street and 544 14th St N. Fantastic location located right next to Baycare's St Anthonys hospital. Property stays consistently occupied due to it's downtown location and proximity to the hospital. Perfect investment to do improvements and increase rents. Rents are 15-20% below market with 60 day termination clauses.
Location
State FL
County Pinellas
Community Bon Air
Area 33705 - St Pete
Zoning CRT-1,NSM1
Direction N
Interior
Interior Features Ceiling Fans(s)
Heating Electric
Cooling Central Air,Wall/Window Unit(s)
Fireplace false
Laundry Common Area
Exterior
Exterior Feature Sidewalk
Utilities Available BB/HS Internet Available,Private,Public
Roof Type Shingle
Garage false
Private Pool No
Building
Foundation Block,Crawlspace
Lot Size Range 1 to less than 2
Sewer Public Sewer
Water Public
Structure Type Frame
New Construction false
Construction Status Completed
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition None