Commercial property in Saint Petersburg, Florida 10 bedrooms, 390 sq.m. № 1770900

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Commercial property in Saint Petersburg, Florida 10 bedrooms, 390 sq.m. № 1770900
ID1770900 $ 820 000
  • EUR €
  • USD $
  • RUB ₽
  • GBP £
1770900

Property description

***Professional tenant placement will be completed prior to closing, ensuring the property is fully leased and generating income for the new owner from day one.*** Investor’s Dream: Versatile Triplex in Prime St. Petersburg Location Unlock the potential of this expansive 4,198 sq ft triplex, strategically situated in the heart of unincorporated Pinellas County. Comprising a total of 10 bedrooms and 4 bathrooms, this property offers a multitude of income-generating avenues, making it a rare gem for savvy investors. This Turn Key Property boasts modernized kitchens and bathrooms, Updated flooring and paint, and newly installed mini-split systems, to name a few, ensuring comfort and efficiency. Flexible Layout: The spacious design allows for various rental strategies, including traditional leasing, room-by-room rentals, or short-term stays. Income Potential: Projected annual income of $92,244 based on St Pete Housing Authority Payment Standards. Additionally, the property's Unincorporated location permits Short Term Rental operations.
The large bedroom count could also make this a rent-by-room / PadSplit Powerhouse! Strategic Location: Nestled near 54th Ave and 68th St N, residents have easy access to restaurants, shopping centers, fitness facilities, and entertainment venues. Public transportation is readily available, and major thoroughfares like I-275 and Gandy Blvd are just a short drive away. Whether you're looking to expand your rental portfolio or embark on a new investment venture, this triplex offers the versatility and location to maximize returns.
MLS #: TB8393285
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CitySaint Petersburg
Address5136 68TH STREET N
TypeCommercial property
Bedrooms10
Living space390 m²
  • sq. ft
Completion dateIV quarter, 1975
Price
  • Price
  • per m²
$ 820 000
  • EUR €
  • USD $
  • RUB ₽
  • GBP £
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