5475 42nd Street N Saint Petersburg, FL 33714
Listing Courtesy of: STELLAR / Lisa Davis Powerhouse Real - Contact:  941-575-1717

  5475 42nd Street N Saint Petersburg, FL 33714

Sold (16 Days)
$587,000

Description

Great income producing property in St. Pete. ALL UNITS RENTED. UNIT 1 RENTED AT $1500 LEASE UNTIL JANUARY 2025. UNIT 2 RENTED AT $1500 LEASE UNTIL MARCH 2025. UNIT 3 RENTED $1550 LEASE UNTIL JULY 2025. UNIT 4 RENTED $1500 LEASE UNTIL JULY 2025. THIS IS A TRUE 10 CAP INVESTMENT PROPERTY 4 separate buildings. With privacy backyards. New minisplit systems installed. Each unit has outside laundry and is fenced in for privacy. TENANTS IN PLACE SIT BACK COUNT YOUR CASH WHILE DRINKING A MARGARITA. Great property for some easy passive rental income. With all tenants in place this is a PROVEN 10 CAP PROPERTY GENERATING 65K PER YEAR. Hard to find in todays market.

MLS #:
P4930567
Taxes
$4,371(2023)
Lot Size
5,894 SQFT
Type
Multifamily
Year Built
1946
County
Pinellas County

Listed By

Lisa Davis, Lisa Davis Powerhouse Real, Contact: 941-575-1717
Bought with
Evan Perrett, Century 21 Re Champions
Source
STELLAR
Last checked Nov 23 2024 at 5:50 PM EST
Bathroom Details
Interior Features
  • Ninguno
Subdivision
  • West Burnside At Lealman
Property Features
  • Foundation: Slab
Heating and Cooling
  • Electric
  • Mini-Split Unit(s)
Exterior Features
  • Stucco
  • Roof: Shingle
Utility Information
  • Utilities: Water Source: Public, Public
  • Sewer: Public Sewer
Living Area
  • 1,765 sqft
Additional Information: Lisa Davis Powerhouse Real | 941-575-1717
Disclaimer: Listings Courtesy of “My Florida Regional MLS DBA Stellar MLS © 2024. IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any other purpose other than to identify properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified. Last Updated: 11/23/24 09:50