3600 Dr Martin Luther King Jr Street S

    St Petersburg, FL 33705
    • $1,150,000
    • STATUS: Pending
    • ON SITE: 16 days
    • MLS #: U8064633
    Pending
    UPDATED: 86 min ago
    $1,150,000
    • 0
      BEDS
    • 0.67
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 12,196
      SQFT
    • $94
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1963
    County:
    Area:

    School Ratings & Info

    Description

    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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    © 2019 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. 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. Data last updated 2019-12-05T23:40:19.127.
    www.burwellrealtors.com/homes/101127713

    3600 Dr Martin Luther King Jr Street S St Petersburg, FL 33705

    • Price: $1,150,000
    • Status: Pending
    • Updated: 86 min ago
    • MLS #: U8064633
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.67
    Acres
    12,196
    SQFT
    $94
    $/SQFT
    1963
    Built
    Neighborhood:
    Poiriers 9Th St Rep
    County:
    Pinellas
    Area:
    St Pete
    Property Description
    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.
    Exterior Features

    Carport Spaces 12 Carport Yn Yes Construction Materials BlockOtherStucco Exterior Features Sidewalk Foundation Details Crawlspace Lot Features Corner LotIn City LimitsNear Public TransitStreet Paved Lot Size Dimensions 0X0 Parking Features CoveredGuest Pool Private Yn No Roof Built-Up Water Access Yn No Water Extras Yn No Waterfront Feet Total 0 Waterfront Yn No

    Interior Features

    Appliances RangeRefrigerator Cooling Central Air Fireplace Yn No Flooring Other Heating Central Interior Features Ceiling Fans(S) Laundry Features Laundry Room Levels One Sewer Public Sewer Water Source Public

    Property Features

    Additional Parcels Yn No Annual Expenses 23936 Annual Net Income 66868.00 Association Approval Required Yn No Association Fee Requirement None Association Yn No Available For Lease Yn Yes Cdd Yn No Disclosures Other DPR No Flood Zone Code Ae Garage Yn No Homestead Yn No Listing Terms CashConventionalOther Minimum Lease No Minimum New Construction Yn No Num Of Own Years Prior To Lse 0 Pets Allowed Yes Property Sub Type Multi-Family Realtor Info Currently LeasedDocs AvailableNo SignSee AttachmentsSold As-IsSurvey Available Senior Community Yn No Special Listing Conditions None Tax Annual Amount 10662.00 Tax Year 2018 Total Actual Rent 10595 Total Num Buildings 3 Utilities Electricity AvailablePublic Yrs Of Owner Prior To Leasing Re No


    Listing information © 2019 My Florida Regional MLS DBA Stellar MLS..
    Listing provided courtesy of Keller Williams Gulf Beaches.



    © 2019 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. 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. Data last updated 2019-12-05T23:40:19.127.
     
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