Price Reduced 0.65%

$760,000 ($315.48 per sqft)

Est. Mortgage $3,994/mo *

Quick Pre-Approval

Price History

$765,000
11/1/2023

$760,000
4/3/2024


4631 40th STREET N, St. Petersburg, FL, 33714

4631 40th STREET N, St. Petersburg, FL, 33714

8 beds

1982

2,409 sqft

Rare opportunity to own a building with 8 units. Central location in Lealman that is located in a non flood zone.. Block construction and built in 1982. Roof was replaced in 2013 Electric and some plumbing has been updated. Long time month to month tenants currently occupy the property and the units are currently rented at a price that is well below the local market. The street was recently redone including new sidewalk. The landlord uses the oversized 1 car garage for storage. Landlord pays all utilities. Estimated monthly utilities Electric $660, Water, Sewer & Trash $300, Cable $183, Gas $60. Two central A/C units provide heat and air. There is natural gas for the two hot water tanks , gas heat and the gas range in unit #8. This property has lots of potential to grow the current income stream.


Status:

Active

Type:

Multi-family

Furnished Remarks:

Unfurnished

Laundry Remarks:

Inside

Units:

8

Subdivision:

WILSONS REP

Garage:

1-car Driveway, Open, Oversized, Parking Pad

Heating:

Central, Natural Gas

Cooling:

Central Air

Lot Size:

59 x 100

Acreage:

0.17

Est. Taxes:

$6,368

Construction

Block

Utilities

Cable Connected, Electricity Connected, Natural Gas Connected, Public, Sewer Connected, Water Connected

Lot Description:

Corner Lot

Days on Market:

177

MLS #:

U8219428


Community Info

School Info

Walk Score

Yelp



Listing courtesy of RE/MAX Metro Phone: 727-896-1800