$650,000
$692,300
6.1%For more information regarding the value of a property, please contact us for a free consultation.
3,491 SqFt
SOLD DATE : 04/25/2024
Key Details
Sold Price $650,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,491 sqft
Price per Sqft $186
Subdivision Washington Terrace
MLS Listing ID U8237003
Sold Date 04/25/24
Construction Status No Contingency
HOA Y/N No
Originating Board Stellar MLS
Year Built 1951
Annual Tax Amount $8,275
Lot Size 10,018 Sqft
Acres 0.23
Lot Dimensions 100x100
Property Description
BACK ON MARKET! All units now have white shaker cabinets, granite countertops, and a fresh paint job as well as flooring where needed.
NO FLOOD ZONE! Rare, block construction quadplex available on a double corner lot just shy of 1/4 acre in unincorporated St Petersburg! Just one building under one roof with a 3 bed/1bath unit, a 2 bed/1bath unit, and two 1 bed/1 bath units. The 3 bedroom, 1 bath unit is spacious with living and dining areas and has central AC and indoor laundry hook ups. The 2 bedroom, 1 bath is completely remodeled, features central AC and is very spacious with a large living area and large bedrooms. One of the 1 bedroom, 1 bath units is quite spacious with the potential for using part of a living area for a 2nd bedroom. The last unit is a 1 bedroom, 1 bath unit with it's own living area. Plenty of options for this one as the long term rent potential will bring a healthy return, but the short term rental strategy provides yet another lucrative opportunity with no rental restrictions in the unincorporated area. There's plenty of parking on site, and beautiful, mature oak trees provide a courtyard feel in the front yard, yet are not close to the building itself. All 4 units have separate electric meters, and there is 1 shared water meter. An owner could live in one of the units and gain income from renting the other 3 units, or an investor could enjoy an immediate 4 unit income.
Location
State FL
County Pinellas
Community Washington Terrace
Zoning R-4
Direction N
Interior
Interior Features Ceiling Fans(s)
Heating Central, Electric, Wall Units / Window Unit
Cooling Central Air, Wall/Window Unit(s)
Fireplace true
Laundry Inside
Exterior
Exterior Feature Sidewalk
Utilities Available Electricity Connected, Public, Sewer Connected, Water Connected
Roof Type Shingle
Garage false
Private Pool No
Building
Entry Level One
Foundation Slab
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Block
New Construction false
Construction Status No Contingency
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Special Listing Condition None
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