5475 42nd Street N, St Petersburg, FL 33714

$587,000
1,765
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Sold Price
$587,000
List Price
$624,000
Status
Sold
Days on Market
16
Closing Date
Jul 03, 2024
MLS#
P4930567
Property Style
Quadruplex
Year Built
1946
Living Area
1,765
Lot Size
5,894
Acres
0.14
Total Acreage
0 to less than 1/4
Legal Subdivision Name
West Burnside At Lealman
MLS Area Major
St Pete

Property Description

Great income producing property in St. Pete. ALL UNITS RENTED. UNIT 1 RENTED AT $1500 LEASE UNTIL JANUARY 2025. UNIT 2 RENTED AT $1500 LEASE UNTIL MARCH 2025. UNIT 3 RENTED $1550 LEASE UNTIL JULY 2025. UNIT 4 RENTED $1500 LEASE UNTIL JULY 2025. THIS IS A TRUE 10 CAP INVESTMENT PROPERTY 4 separate buildings. With privacy backyards. New minisplit systems installed. Each unit has outside laundry and is fenced in for privacy. TENANTS IN PLACE SIT BACK COUNT YOUR CASH WHILE DRINKING A MARGARITA. Great property for some easy passive rental income. With all tenants in place this is a PROVEN 10 CAP PROPERTY GENERATING 65K PER YEAR. Hard to find in todays market.

Additional Information

Taxes
$4370
Minimum Lease
No Minimum
Annual Gross Income
74000
Community Features
No Deed Restriction
Property Description
One Story
Zoning
R-4
Interior Layout
Ninguno
Interior Features
Ninguno
Utilities
Public
Heating
Electric
Air Conditioning
Mini-Split Unit(s)
Exterior Construction
Stucco
Exterior Features
Fence, Garden
Roof
Shingle
Foundation
Slab
Pool
No Pool
Pets
Allowed
Pet Size
Extra Large (101+ Lbs.)
Flood Zone Code
x
Parcel ID
34-30-16-96156-002-0010
Legal Description
WEST BURNSIDE AT LEALMAN BLK B, LOT 1

Listing courtesy of LISA DAVIS POWERHOUSE REAL. 941-575-1717

Selling Office: CENTURY 21 RE CHAMPIONS.

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

StellarMLS is the source of this information via Internet Data Exchange Program. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale. Availability of any listing should always be independently verified. Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may violate relevant federal and state law. Data last updated on