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875 14th Ave N
$1,095,000

875 14th Ave N

5 Beds 4 Baths 2,529 Sq.Ft.

Description

Mid-Century Modern, Income Property Located in the Crescent Lake Neighborhood on an Over-Sized (50' x 135') Lot! Consisting of Two (2) Separate Buildings, this Multi-Family Residence Offers a Total of Four (4) Separate Living Units and a Two (2) Car Alley Loaded Garage. The Front Building is Constructed of Concrete Block and Includes a Two Bedroom, One Bathroom Unit, and a One Bedroom, One Bathroom Unit. The Rear Building is Constructed of Concrete Block on the First Level & Wood Frame on the Second Level and Contains a Two Bedroom, a bathroom Unit with a Large Porch & Windows Over the Two Car Garage, and a Studio Style Unit with a Large Storage Closet. A Spacious Fenced In Yard with New Grass Adds to the Charm of this Prized Property Located Just Steps to Crescent Lake Park, Pickleball Courts, MLK Business District, and Booming Downtown St. Petersburg. Brand New Roofs, Designer Finishes, Refreshed Plumbing & Electrical, Brand New Central HVAC in Two Units and So Much More! There are Four (4) Separate Addresses (875, 875-1/2, 877, and 877-1/2), Four (4) Separate Electrical Accounts, and One (1) Common Water, Sewer, and Trash Account. One of the Four Units (The Two Bedroom and one Bathroom in the Front Building) is Currently Rented for $2,100 per Month with a Lease Expiration Date of 9/30/24. The Remaining Three Units Have Been Completely Renovated and Never Occupied. This is a Great Opportunity to Earn Passive Income in a Prime, Flood Zone X Location.

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Location

875 14th Avenue North, Saint Petersburg, FL 33701

Status

Sold

Property Amenities

Interior
Total Bedrooms: 5
Full Bathrooms: 4
Area & Lot
Lot Area 6,913 Sq.Ft.
Living area 2,529 Sq.Ft.
MLS® ID U8234741
Year Built 1950
Architecture Styles Quadruplex, Other
Type Multi-Family
Status Sold
Exterior
Stories 2
Garage Space 2 Garage spaces
Finance
Sales Price $1,095,000
Cyndi Bautista

Cyndi Bautista

TITLE

Principal Agent

Work With Cyndi

Cyndi's local knowledge and market insights are second to none, making her a go-to resource for anyone looking to buy or sell in the area. Contact her today!