5050 74th St N Apt 1
Saint Petersburg, FL 33709
-- Bed-- Bath3,409 Sq Ft74 Days on Market
For Sale $975,000
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Courtesy of LPT REALTY
Listing Agent & Comments
ZERO DAMAGE FROM EITHER HURRICANE!!! PHENOMENAL MULTI UNIT INVESTMENT OPPORTUNITY WITH 6 UNITS PRICED FOR AN IMMEDIATE SALE IN A GREAT ST. PETE NEIGHBORHOOD WITH WATER VIEWS!!!! Fully occupied cash generating investment property!!! 3 two bedrooms 1 bath 2 studio 1 one bed one bath, fully occupied currently, opportunity to renovate units and raise rents. $1,300 $1,560 $1,500 $950 $1,000 $1,000 Total: $7,310 per month $87,720 total income per year Expenses: $250 per month for water garbage pickup $94 per month $4,128 annually Taxes $6,800 annually Insurance $4,103 annually, never flooded in the last 20 years! Total expenses annually : $15,031 Net annual profit roughly: $72,689 Opportunity for laundry in the back, no laundry onsite currently, could be income producing laundry building onsite to be built as ADU type building. Upgraded plumbing 4 years ago Upgraded electrical 4 years ago Air condition 4 years old Central air 8% cap rate with opportunity to boost to 9-10% cap rate with rent raise and laundry area addition.
MLS# MFRTB8303107 • Data provided by StellarMLS as distributed by MLS Grid
Living Area | 3,409 Sq.Ft. |
---|---|
Lot Size | 0.4 Acres |
Total Rooms | -- |
Bedrooms | -- |
Bathrooms | -- |
Stories | -- |
Year Built | 1980 |
Property Type | Multifamily |
Zoning | -- |
HOA Name | -- |
HOA Fee | -- |
HOA Includes | -- |
Tax Year | -- |
Tax Amount | -- |
Property in Flood Zone | -- |
Data provided by StellarMLS as distributed by MLS Grid.
We’ll connect you with top agents in your area.
More Information On This Home
This home's estimated value
$945,244
ComeHome Estimated Value
What influenced our estimate?
This is ComeHome’s estimated market value for this home. It is not a formal appraisal. This estimate is based on our market knowledge, and it should be used as a starting point to determine a home’s value.
This property is missing data for:
Comparable properties and sale history
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HouseCanary, Inc. Brokerage
5050 74th St N, Apt. 1, Saint Petersburg, FL 33709
Multifamily-- Bed-- Bath3,409 Sq Ft74 Days on Market
Listing Agent & Comments
ZERO DAMAGE FROM EITHER HURRICANE!!! PHENOMENAL MULTI UNIT INVESTMENT OPPORTUNITY WITH 6 UNITS PRICED FOR AN IMMEDIATE SALE IN A GREAT ST. PETE NEIGHBORHOOD WITH WATER VIEWS!!!! Fully occupied cash generating investment property!!! 3 two bedrooms 1 bath 2 studio 1 one bed one bath, fully occupied currently, opportunity to renovate units and raise rents. $1,300 $1,560 $1,500 $950 $1,000 $1,000 Total: $7,310 per month $87,720 total income per year Expenses: $250 per month for water garbage pickup $94 per month $4,128 annually Taxes $6,800 annually Insurance $4,103 annually, never flooded in the last 20 years! Total expenses annually : $15,031 Net annual profit roughly: $72,689 Opportunity for laundry in the back, no laundry onsite currently, could be income producing laundry building onsite to be built as ADU type building. Upgraded plumbing 4 years ago Upgraded electrical 4 years ago Air condition 4 years old Central air 8% cap rate with opportunity to boost to 9-10% cap rate with rent raise and laundry area addition.
MLS# MFRTB8303107 • Data provided by StellarMLS as distributed by MLS Grid
Living Area | 3,409 Sq.Ft. |
---|---|
Lot Size | 0.4 Acres |
Total Rooms | -- |
Bedrooms | -- |
Bathrooms | -- |
Stories | -- |
Year Built | 1980 |
Property Type | Multifamily |
Zoning | -- |
HOA Name | -- |
HOA Fee | -- |
HOA Includes | -- |
Tax Year | -- |
Tax Amount | -- |
Property in Flood Zone | -- |
Data provided by StellarMLS as distributed by MLS Grid.
We’ll connect you with top agents in your area.
This property is missing data for:
Comparable properties and sale history
New
Do you own this home?
Access your homeowner dashboard
For Sale $975,000
Request tour
Save
Courtesy of LPT REALTY
5050 74th St N Apt 1
Saint Petersburg, FL 33709
-- Bed-- Bath3,409 Sq Ft74 Days on Market
Listing Agent & Comments
ZERO DAMAGE FROM EITHER HURRICANE!!! PHENOMENAL MULTI UNIT INVESTMENT OPPORTUNITY WITH 6 UNITS PRICED FOR AN IMMEDIATE SALE IN A GREAT ST. PETE NEIGHBORHOOD WITH WATER VIEWS!!!! Fully occupied cash generating investment property!!! 3 two bedrooms 1 bath 2 studio 1 one bed one bath, fully occupied currently, opportunity to renovate units and raise rents. $1,300 $1,560 $1,500 $950 $1,000 $1,000 Total: $7,310 per month $87,720 total income per year Expenses: $250 per month for water garbage pickup $94 per month $4,128 annually Taxes $6,800 annually Insurance $4,103 annually, never flooded in the last 20 years! Total expenses annually : $15,031 Net annual profit roughly: $72,689 Opportunity for laundry in the back, no laundry onsite currently, could be income producing laundry building onsite to be built as ADU type building. Upgraded plumbing 4 years ago Upgraded electrical 4 years ago Air condition 4 years old Central air 8% cap rate with opportunity to boost to 9-10% cap rate with rent raise and laundry area addition.
MLS# MFRTB8303107 • Data provided by StellarMLS as distributed by MLS Grid
Living Area | 3,409 Sq.Ft. |
---|---|
Lot Size | 0.4 Acres |
Total Rooms | -- |
Bedrooms | -- |
Bathrooms | -- |
Stories | -- |
Year Built | 1980 |
Property Type | Multifamily |
Zoning | -- |
HOA Name | -- |
HOA Fee | -- |
HOA Includes | -- |
Tax Year | -- |
Tax Amount | -- |
Property in Flood Zone | -- |
Data provided by StellarMLS as distributed by MLS Grid.
We’ll connect you with top agents in your area.
More Information On This Home
This home's estimated value
$945,244
ComeHome Estimated Value
What influenced our estimate?
This is ComeHome’s estimated market value for this home. It is not a formal appraisal. This estimate is based on our market knowledge, and it should be used as a starting point to determine a home’s value.
This property is missing data for:
Comparable properties and sale history
New
Do you own this home?
Access your homeowner dashboard
For Sale $975,000
Request tour
Save
Courtesy of LPT REALTY