3839 71ST ST N
4, 3, 2,471ft²
MLS#: U8255044
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5050 74TH ST N, SAINT PETERSBURG, 33709
- $975,000
- 9 Beds, 6 Baths , 3,409 Sq.Ft
- County: Pinellas
- Subdivision: DIST:LFPW SEC/TWN/RNG/MER:SEC 06 TWN 31S RNG 16E P
Property highlights
- MLS#: TB8302468
- 15,494.00 lot size Sq.Ft.
- Year built: 1980
- Waterfront:
- Listed: 09/11/2024
- Taxes: $6,836.17
- Virtual Tour
Property Overview
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.
Driving directions : I-275 EXIT AT 54TH AVE. N. HEAD WEST TO 71ST. N. TURN LEFT, GO TO 50TH AVE. TURN RIGHT, AT END OF STREET TURN RIGHT ONTO 74TH ST. TO ADDRESS.
Property Features
| Rooms | Dimension | Description |
|---|---|---|
| Primary Bedroom | 18x15 | First level |
| Primary Bathroom | 14x12 | First level |
| Kitchen | 14x12 | First level |
| Living Room | 18x14 | First level |
Interior Features
- Other
Appliances
- Convection Oven
- Refrigerator
Heating
- Central
Laundry features
- Inside
- Laundry Room
- Washer Hookup
Air Conditioning
- Central Air
Floor Covering
- Tile
Utilities
- BB/HS Internet Available
- Cable Available
- Cable Connected
- Electricity Available
- Electricity Connected
- Water Available
- Water Connected
Exterior features
- Lighting
- Other
View
- Water
Construction Materials
- Stucco
Road Surface Type
- Asphalt
Roof
- Shingle
Foundation
- Block
Listing information courtesy of LPT REALTY
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Listing data comes from My Florida Regional MLS.
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