3038 25TH STREET N, ST PETERSBURG, FL 33713
SOLD PRICE: (?)
$245,000
Multi-Family Home 2,221 Square Feet Taxes: $2,796.00 Built in 1961 2 Garage Spaces Style: Traditional Type: Quadruplex MLS # T2905486
Property Photo

Description of 3038 25TH STREET N, ST PETERSBURG, FL 33713

Excellent opportunity to own a fully occupied rental property with outstanding rental income history. Property consist of one block single family home (2BR/1BA @ $995/month), one duplex (2 2BR/1BA @ $1350/month total) and one oversized 4-bay garage which brings in additional rental income ($850/month total) as well. All tenants are under month-to-month leases at discounted rental rates to the current market. Call today for additional information on this property which brings in nearly $39K gross annually at below market rental income. Estimated current market rental income approximately $45K. This equals an adjusted cap rate of over 12.8 if utilizing market rental income figures. Current offering equates to a cap rate of over 10.4. All units occupied - please do not disturb tenants.

Directions to 3038 25TH STREET N, ST PETERSBURG, FL 33713

From 34th Street North, east on 30th Avenue North to north (left) on 25th Street North to address on your left.

Features of 3038 25TH STREET N, ST PETERSBURG, FL 33713

Rooms

  • Great room is 1

Appliances

  • Dishwasher
  • Range
  • Refrigerator

Heating/Cooling

  • Central air
  • Central heat
  • Electric water heater

Garage

  • Garage dimension is: 43x25
  • Garage spaces: 2
  • On street parking

Exterior

  • Block exterior
  • Frame exterior
  • Stucco exterior
  • Wood frame exterior

Lot

  • Lot acreage is: 0.24
  • Lot dimension is: 80x130
  • Lot has eastern exposure
  • Subdivision: THIRTIETH AVE SUB

Interior

  • Cable television available

Roofing

  • Shingle roof

Construction

  • Total square feet: 2221.00
  • Units in building(s): 3

Other

  • Tax year: 2017