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3308 56TH AVENUE N, ST PETERSBURG, FL 33714

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3308 56TH AVENUE N
ST PETERSBURG, FL 33714

$560,000 (Pending)

Baths: 0
Number of Units: 8
Type: Multi-Unit Residential
Listing #U8087653
Great opportunity to purchase an income property consisting of four (4) duplexes that contain one (1) efficiency and seven (7) one-bedroom/one-bathroom apartments. This property is a solid income generator with a great cap rate that consistently is rented out. Each unit has off-street parking and has been updated with wood laminate and tile flooring and new kitchen cabinetry. The duplexes and property have an Old Florida feel in a park-like setting. There also is enough room on the property to build another unit - the owner has plans they can share with the buyer. The property offers an ideal location in central St. Petersburg and is close to shopping, dining, I-275, US 19, Sawgrass Lake Park, and public transportation. Five (5) units have their own electric meters, while the remaining three (3) units are on one electric meter covered by the owner. One unit comes with a garage that is for the exclusive use of the tenant in unit #8, who covers the lawn maintenance in exchange for use of the garage. Professional photos available soon. Please do not disturb tenants, thank you.
Property Features
Location Information
County: Pinellas
MLS Area: St Pete
Latitude: 27.82264500
Longitude: -82.67782200
Subdivision: ARCADIAN HEIGHTS
Location: Corner Lot, Level/Flat, Near Public Transit, Unincorporated
Directions: FROM I 275, TAKE 54TH AVENUE N, TURN RIGHT (HEAD NORTH) ON US19, TURN RIGHT ONTO 56TH AVENUE N, PROPERTY ON RIGHT AT THE END OF THE BLOCK.
Interior Features
Interior: Ceiling Fans(s)
Full Baths: 0
Has Fireplace: No
Heat/Cool: Wall Units / Window Unit
Cooling: Wall/Window Unit(s)
Floors: Laminate, Tile
Appliances: Range, Refrigerator
Total Number of Units: 8
Exterior Features
Stories: One
Stories: Single story
Is New Construction: No
Construction: Block
Exterior: Lighting
Foundation: Slab
Roof: Other
Minimum Age for Community: No
Utilities: Cable Available, Electricity Connected, Sewer Connected, Street Lights
Parking Description: Assigned
Has Garage: No
Lot Description: 1/4 Acre to 21779 Sq. Ft.
Lot Number: 10
Lot Size in Acres: 0.15
Lot Size in Sq. Ft.: 6, 386
Lot Dimensions: 150x127
Zoning: R-4
Flood Zone Code: NonEva
Water Frontage: 0
Has Waterfront: No
Is One Story: Yes
Additional Information
Property Type: RI
Property SubType: Multi-Family
Year Built: 1947
Status: Pending
Housing For Older Persons (55+): No
Pets: Size Limit, Yes
Tax Amount: 7, 600


$ per month
Year Fixed. % Interest Rate.
Principal + Interest: $
Monthly Tax: $
Monthly Insurance: $
Term
yrs
Interest Rate
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Down Payment
$
List Price:
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Listing Agent: Frank Malowany
727-432-1176
Rlemmon123@gmail.com
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The data relating to real estate displayed on this website comes in part from the Internet Data Exchange (IDX) Program of Stellar MLS. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers' personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law.
Stellar (MFR) data last updated at July 7, 2020 10:00 AM ET

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