Great CASH FLOW opportunity! Rarely available 12 plex (spread across 3 buildings) with one 2-Bedroom/2-Bath, two 2-Bedroom/1-Bath and nine 1-Bedroom/1-Bath units that are each 940 sqft. Each unit has 1 carport. This property, with unobstructed water views, is located directly across from Lake Maggiore, Lake Maggiore Public Park and the Boyd Hill Nature Preserve, a 245 Acre award winning park with 6 miles of trails, boardwalks and natural grasses. The 2 story property is concrete block construction with flat roofs and covered carport parking. The roof is less than a year old, and the ACs are less than 5 years old. Additional income opportunities include raising rents (they are currently below market), installation of onsite laundry facilities (hookups are already in place), and adding storage areas and sub-metering systems. The property has consistently been fully leased and has excellent frontage on 9th St S for high visibility.
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Listing courtesy of KELLER WILLIAMS GULF BEACHES
Amenities
Full baths
0
Half baths
0
Zip
33705
Office name
KELLER WILLIAMS GULF BEACHES
Subdivision
POIRIERS 9TH ST REP
SQFT
12196
Bedrooms
0
Property type
Residential Income
Year built
1963
Lot size
0.67
Waterfront
No
Heating
Central
Tax year
2018
Agent name
Wendy Lockhart
Tax amount
$ 10662.0
Purchase Type
Active
Price Range
$1m-$1.25m
Square Feet Range
7000+ sq ft.
Area
33705 - St Pete
Year Built Range
1989 (and earlier)
Office ID
260032401
Agent ID
260031176
Location
Virtual Tours
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