$380,000
$360,000
5.6%For more information regarding the value of a property, please contact us for a free consultation.
1,704 SqFt
SOLD DATE : 10/04/2021
Key Details
Sold Price $380,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,704 sqft
Price per Sqft $223
Subdivision Arcadian Heights
MLS Listing ID U8132745
Sold Date 10/04/21
Construction Status Appraisal,Financing,Inspections
HOA Y/N No
Year Built 1952
Annual Tax Amount $3,833
Lot Size 6,534 Sqft
Acres 0.15
Lot Dimensions 50x129
Property Description
Located in the heart of popular St Petersburg, this triplex is on a major thoroughfare providing great visibility and easy rentals. It features an upstairs 2 bedroom/1 bathroom unit (C) and two 1 bedroom/1 bathroom units on the first floor (A & B). All three apartments have been nicely updated to command great rates, and it has proven excellent income potential. Additional amenities for the tenants include: a large courtyard with privacy fence and tropical landscaping, additional onsite storage, a laundry room, and plenty of parking. Both A and B have been recently painted, have newer appliances and new AC wall units. C has a newer HVAC system. All three apartments are separately metered, and the electric panel was replaced in 2019. The water meter is shared and the current lease agreements collect $175 in addition to the monthly rental rates to offset the water bill. A termite warranty and pest control is in place. Two of the units have had long standing tenants making this a fantastic opportunity for any investor. This is the one to add to your portfolio!
Location
State FL
County Pinellas
Community Arcadian Heights
Zoning R-4
Direction N
Rooms
Other Rooms Storage Rooms
Interior
Interior Features Ceiling Fans(s), Open Floorplan, Solid Wood Cabinets
Heating Central, Wall Units / Window Unit
Cooling Central Air
Flooring Ceramic Tile, Vinyl
Furnishings Unfurnished
Fireplace false
Appliance Electric Water Heater, Range, Refrigerator
Laundry Outside
Exterior
Exterior Feature Fence, Lighting, Rain Gutters, Storage
Parking Features Common, Guest
Utilities Available Public
Roof Type Shingle
Garage false
Private Pool No
Building
Lot Description Corner Lot, In County, Near Public Transit, Paved, Unincorporated
Entry Level Two
Foundation Slab
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Stucco,Wood Frame
New Construction false
Construction Status Appraisal,Financing,Inspections
Schools
Elementary Schools Lealman Avenue Elementary-Pn
Middle Schools Meadowlawn Middle-Pn
High Schools Northeast High-Pn
Others
Pets Allowed Yes
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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