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Key Details
Sold Price $885,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,229 sqft
Price per Sqft $274
Subdivision Barnard Erastus A S Rev Sub
MLS Listing ID U8063118
Sold Date 12/06/19
Construction Status Appraisal,Financing,Inspections
HOA Y/N No
Year Built 1926
Annual Tax Amount $10,701
Lot Size 6,969 Sqft
Acres 0.16
Lot Dimensions 54x127
Property Description
Boutique 4-Unit Apartment Complex with Heated Salt Water Pool Located Just Steps to Coffee Pot Bayou in the Beautiful Neighborhood of Historic Old Northeast! Boasting a Current Cap Rate of 6.41, This Mediterranean Revival Property that is Made of Solid Concrete Block has it All, and Was Completely Restored in 2017. The 4-Units are Split into 2 Separate Buildings, Offering Maximum Privacy and Natural Light for Each Individual Apartment. The Unit Breakdown is As Follows: 2 Bedroom, 2.5 Bathroom - $2,100 per Month; 2 Bedroom, 1 Bathroom - $1,650 per Month; 1 Bedroom, 1 Bathroom - $1,650 per Month; 1 Bedroom, 1 Bathroom - $1,400 per Month. Each Unit Has Its Own Private Washer/Dryer, The Hot Water is Supplied by Tankless, Natural Gas Water Heaters, Almost All of the Windows Have Been Replaced, Each Unit has a Brand New or Newer Air Conditioning System and Every Unit Has Gone Through an Extensive Kitchen/Bathroom Renovation. This Property is the Perfect Investment for the Hands-Off Investor Seeking Instant Cash-Flow in a Premium Location in Booming St. Petersburg. Every Detail of This Complex is Meticulously Cared For, and the Finish Work Inside and Outside of the Units are a Seamless Blend of Contemporary and Period Accents. Mature Landscaping, Soaring Oak Trees and Beautiful Black Metal Fencing Perfectly Compliment This One-of-a-Kind Property in the Historic Old Northeast Which Won the Neighborhood Star Award in March 2018. 3-D Tours of Every Unit are Available!
Location
State FL
County Pinellas
Community Barnard Erastus A S Rev Sub
Direction N
Rooms
Other Rooms Inside Utility
Interior
Interior Features Ceiling Fans(s), Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Thermostat, Walk-In Closet(s), Window Treatments
Heating Electric, Natural Gas
Cooling Central Air, Mini-Split Unit(s)
Flooring Ceramic Tile, Hardwood, Laminate, Tile, Wood
Furnishings Partially
Fireplace false
Appliance Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Range, Range Hood, Refrigerator, Tankless Water Heater, Wine Refrigerator
Laundry Inside, Laundry Closet
Exterior
Exterior Feature Balcony, Dog Run, Fence, Irrigation System, Lighting, Sliding Doors
Parking Features Assigned, On Street
Pool Heated, Salt Water
Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected
View City
Roof Type Membrane
Porch Covered, Deck, Front Porch, Rear Porch
Attached Garage false
Garage false
Private Pool Yes
Building
Lot Description Corner Lot, FloodZone, Historic District, City Limits, Level, Oversized Lot, Street Brick, Paved
Entry Level Multi/Split
Foundation Slab
Lot Size Range Up to 10,889 Sq. Ft.
Sewer Public Sewer
Water Public
Structure Type Block,Concrete,Stucco
New Construction false
Construction Status Appraisal,Financing,Inspections
Others
Pets Allowed Yes
Senior Community No
Pet Size Extra Large (101+ Lbs.)
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Num of Pet 1
Special Listing Condition None
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Bought with RE/MAX METRO