NON-FLOOD ZONE, 6-UNIT MULTI-FAMILY in HEART OF HISTORIC UPTOWN.....
Rare Listing! Outstanding opportunity to own a fully-licensed, 6-Unit apartment property located in the heart of the Historic UPTOWN District of St. Petersburg. Built in the Art Deco Era of 1925, this craftsman-style bungalow features many charming details, beginning with the large front porch entry (you can feel the evening breezes from the bay). The first floor of the main house boasts high ceilings along with a wood burning fireplace. Throughout the property you will discover the character of St. Petersburg, including a built-in ironing board, original metal kitchen (in 2 units) and several original claw foot bathtubs. The front building has 4 units (1 studio and 3 - 1bed/1baths), while the back building has 2 apartments (both studios) over a workshop and 3 garage bays. The main Apt is an oversized 1 bedroom ready for the tenant of your choice or you can move in and make it yours. The other 5 units are fully rented with long time tenants in place at below market rents. This presents an opportunity for instant equity. The 4th Street Corrider is two blocks away where you will find the Bier Boutique, Starbucks, Chipotle, Tijuana Flats, 4th Street Shrimp Store, CVS and so much more. Easy access to the highway. Cycling and Walking distance to Round Lake, Crescent Lake, Downtown and even North Shore Pool and Spa Beach. INSTANT INCOME will pay for you to “make it your own” while enjoying the spirit of the St. Petersburg Renaissance! Niche neighborhood with a wonderful sense of community. VIEWED BY APPOINTMENT ONLY. PROPERTY IS OCCUPIED – Please DO NOT DISTURB TENANTS. Perfect 1031x property. Priced at $190 per SF, the list price reflects the condition/process of the renovation.