5050 74th Street N, St Petersburg, FL 33709

$975,000
2,905
SqFt
List Price
$975,000
Status
Active
Days on Market
36
MLS#
T3511693
Property Style
Multi-Family
Year Built
1980
Living Area
2,905
Lot Size
19,989
Acres
0.45
Total Acreage
1/4 to less than 1/2
MLS Area Major
St Pete/Kenneth City

Property Description

This 6-unit, fully occupied property has the potential to bring in nearly $10k a month, it has no rental restrictions and is just under 20 minutes to St. Pete beaches. Its diverse unit mix and no leasing restrictions makes it great for both short and long term rental. The expansive backyard leads out to a large canal that brings in plenty of "sea breeze" and even better views. Much can be done with it. The nearly 16k sq ft lot is 1/4 acre and has 9 parking spots for residents, who are all on loose, month-to-month contracts if you'd like to buy and fully vacate the property or increase rents to market value. The rental proforma has the potential to generate roughly $9,750 a month and can be emailed to you upon request. Just run your numbers and make us an offer. All offers will be presented to the seller.

Additional Information

Taxes
$6836
Community Features
No Deed Restriction
Zoning
R-4
Appliances
Dishwasher, Microwave, Refrigerator
Air Conditioning
Central Air
Exterior Construction
Stucco
Foundation
Block
Pool
No Pool
Water View
Canal
Water Access
Canal - Saltwater
Water Frontage
Canal - Saltwater
Flood Zone Code
X500
Parcel ID
06-31-16-00000-220-1700
Legal Description
PART OF NW 1/4 OF NW 1/4 101.37FT TH S89D45'10"E 169.48FT TH S00D47'45"W 98FT TO POB OF SEC 6-31-16 DESC FROM SE COR OF NW 1/4 OF NW 1/4 OF SEC TH N00D47'45"E 160.08FT FOR POB TH N89D45'10"W 142.63FT TO E'LY R/W OF JOE'S CREEK TH CUR RT RAD 1198.57FT ARC 101.4FT CB N14D33'35"W

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of MCBRIDE KELLY & ASSOCIATES.

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