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Key Details
Sold Price $995,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,279 sqft
Price per Sqft $436
Subdivision Presstmans Geo Sub
MLS Listing ID U8236468
Sold Date 05/31/24
Bedrooms 5
Construction Status Appraisal
HOA Y/N No
Originating Board Stellar MLS
Year Built 1936
Annual Tax Amount $15,598
Lot Size 6,534 Sqft
Acres 0.15
Lot Dimensions 60x110
Property Description
ATTACHMENT IN MLS / 100% Occupied - Excellent Cash Flow and Investment Opportunity without the worries of upkeep. Beautifully renovated on 10/21/2021 located in Historic Old North East is a great opportunity to expand or start your investment portfolio. With close proximity to Downtown St Petersburg (Bayshore Drive and Central Ave). this property is great for capitalizing on all that St. Pete has to offer. With mid term or long term rental possibility each unit offers comfortable and functional living spaces, providing an excellent opportunity for rental income. The well-designed floor plans maximize the use of space and provide a cozy atmosphere. Accompanied by numerous attractive features, such as NEWER Storm grade windows, fully remodeled kitchens encompassed with stainless steel appliances, quartz counter tops, and soft close cabinets to round off these kitchen areas. The elegantly remodeled bathrooms for this property provide a gentle aired touch of comfort and sophistication for tenants while easy to maintain for the landlord. Residents will enjoy other benefits such as well appointed closet space (some walk-in-closets) and the rare benefit for the area of covered parking in the rear of the property when needing to use their vehicles for travel or useful as private storage for tenants. Having the additional parking available on-street, and parking spaces off-street this property offers and clears any parking concerns one may have. With an immediate abundance of amenities nearby in Downtown St. Pete and being blocks from Vinoy Park, tenants are able capitalize on the ultra desirable location by biking or walking to their desired destinations. Such desirabilities would be sipping an almond mocha at black Crow Coffee Shop or taking a leisurely stroll to Vinoy Park and crack open a favorite novel on The Bay. Drop by for all-you-can-eat shrimp at 4th Street Shrimp Store before walking it off downtown to enjoy a libation, just in time for happy hour. Residents will also enjoy being a short distance away from local shops, entertainment and other restaurants in the area. With additional benefits such as access to major roads, providing quick connections to the surrounding Bay Area, Business Districts, Marina’s, and Beaches this property features the location, highlighted by the upgrades throughout the property and and presents and presents a great cash flow opportunity for those looking to purchase as investment or live in one unit and rent the others.
Location
State FL
County Pinellas
Community Presstmans Geo Sub
Direction NE
Rooms
Other Rooms Loft
Interior
Interior Features Ceiling Fans(s), Eat-in Kitchen, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, PrimaryBedroom Upstairs, Thermostat, Vaulted Ceiling(s)
Heating Central, Electric
Cooling Central Air
Flooring Tile, Wood
Furnishings Unfurnished
Fireplace false
Appliance Built-In Oven, Dishwasher, Microwave, Refrigerator
Laundry Electric Dryer Hookup, Inside, Laundry Closet, Laundry Room
Exterior
Exterior Feature Balcony, French Doors, Lighting, Private Mailbox, Rain Gutters, Sidewalk, Storage
Parking Features Covered, Curb Parking, Driveway, Ground Level, Guest, Off Street, On Street, Under Building
Garage Spaces 3.0
Utilities Available BB/HS Internet Available, Cable Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Connected, Water Connected
View City, Trees/Woods
Roof Type Shingle
Porch Covered, Deck, Front Porch, Patio, Porch
Attached Garage true
Garage true
Private Pool No
Building
Lot Description Historic District, City Limits, In County, Landscaped, Level, Near Golf Course, Near Marina, Near Public Transit, Sidewalk, Paved
Entry Level Two
Foundation Stem Wall
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Wood Frame,Wood Siding
New Construction false
Construction Status Appraisal
Schools
Elementary Schools North Shore Elementary-Pn
Middle Schools John Hopkins Middle-Pn
High Schools St. Petersburg High-Pn
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional, VA Loan
Membership Fee Required None
Listing Terms Cash, Conventional, VA Loan
Special Listing Condition None
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Bought with COMPASS FLORIDA LLC