725 8TH North, Saint Petersburg, FL 33701 | Listings

725 8TH North, Saint Petersburg, FL 33701

  • $1,000,000
  • 4,559 sq ft
  • Year Built: 1926
  • Residential Income
  • Listing #T3265404

Property Description

Here it is, an investment opportunity that stands out from the crowd! 8 units split between 2 buildings on a quiet lush green street in the heart of Historic Uptown. First building, which faces the street, is a 4/3 bungalow which has been very well maintained over the years. The second building, separated by a courtyard, is a three story, 7-unit apartment building. There are three 1bed/1bath units on the first and second floor, and a 2bed/1bath on the 3rd floor. All units are fully rented. Each unit is separately metered for electric. Both buildings have had their electric/plumbing updated, as well as new (2018) A/C in the main house. Main house has a new roof and back building will be receiving a new roof 9/28/2020. Home was tented for termites August 2020. This property has an NOI of $62,472 with potential to be raised by bringing all units to market rent. This is a turn-key rental in a highly desirable area just 1.5 miles from Vinoy Park and just 1 mile North of Central Ave.

Listing Details

Price$1,000,000
Year Built1926
Property TypeResidential Income
Listing #T3265404
StatusActive
CountyPinellas
Listing TypeFor Sale

Interior Features

Square Feet4,559
FloorsWood
Heating and CoolingElectric, Space Heater, Wall Units / Window Unit, Central Air, Wall/Window Unit(s)
LaundryInside

Exterior Features

ExteriorWood Frame
FoundationCrawlspace
RoofShingle

Miscellaneous

MLS Area33701 - St Pete

Courtesy of Marvin Kelta, Sellstate Legacy Realty

mfrmlsIDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Listing Information ©2020 My Florida Regional MLS DBA Stellar MLS
This content last updated on 10/19/2020 9:51 PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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