$342,500
$350,000
2.1%For more information regarding the value of a property, please contact us for a free consultation.
2,448 SqFt
SOLD DATE : 05/02/2019
Key Details
Sold Price $342,500
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,448 sqft
Price per Sqft $139
Subdivision Allendale Terrace Blks A-B-1-2-3-4-5-6
MLS Listing ID T3165173
Sold Date 05/02/19
HOA Y/N No
Year Built 1926
Annual Tax Amount $4,191
Lot Size 5,662 Sqft
Acres 0.13
Lot Dimensions 50x110
Property Description
Quadplex including 4-bay garage with alley access in a Non-Flood Zone. Excellent passive income. Great investment property in the ALLENDALE TERRACE location of Northeast St Pete. Consist of 4x 1bd/1br units. All currently rented. A CURRENT 7.0% cap rate at list price, with lots of upside potential. Seller just received an appraisal for 375k. Rents are escalating in this popular St. Petersburg market. Updated full electrical over the years and newer sewer line. Large standup attic space for storage. Main Building Roof replaced in 2015. Detached 4-bay garage Roof being replaced before closing.
Location
State FL
County Pinellas
Community Allendale Terrace Blks A-B-1-2-3-4-5-6
Zoning 0820 MULTI
Direction N
Rooms
Other Rooms Attic
Interior
Interior Features Ceiling Fans(s), High Ceilings, Living Room/Dining Room Combo, Thermostat
Heating Central
Cooling Central Air
Flooring Wood
Fireplace false
Appliance Gas Water Heater, Microwave, Range, Refrigerator
Laundry In Garage
Exterior
Exterior Feature Balcony, Lighting
Parking Features Garage Faces Rear, Off Street
Garage Spaces 4.0
Utilities Available BB/HS Internet Available, Cable Available, Cable Connected, Electricity Available, Electricity Connected, Fire Hydrant, Public, Sewer Connected
Roof Type Shingle
Porch Covered, Patio, Screened
Attached Garage false
Garage true
Private Pool No
Building
Entry Level Two
Lot Size Range Up to 10,889 Sq. Ft.
Sewer Public Sewer
Water Public
Structure Type Vinyl Siding
New Construction false
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional, FHA
Membership Fee Required None
Listing Terms Cash, Conventional, FHA
Special Listing Condition None
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