4530 Dr Martin Luther King Jr Street N, St Petersburg, FL 33703

$325,000
1,280
SqFt
List Price
$325,000
Status
Pending
Days on Market
23
MLS#
U8119585
Property Style
Duplex
Year Built
1957
Living Area
1,280
Lot Size
10,568
Acres
0.24
Total Acreage
0 to less than 1/4
Legal Subdivision Name
Monticello Park
MLS Area Major
St Pete

Property Description

Own a large piece of Paradise in St Petersburg Florida. This duplex is situated on a large corner lot at Melrose and Dr. MLK Jr. North in St Petersburg. One large lot with a duplex which has a 1 bedroom and an efficiency as well as detached garage. Efficiency has a large living room that is sectioned out the tenant has created a bedroom/living combo a full kitchen and bathroom. 1 bedroom has an eat-in kitchen, living room bedroom and bathroom. This unit also has its own fenced in side yard for grilling and entertaining. The seller was told it was 'grandfathered' as multi-family and if they ever changed it to single family it could not go back to multi-family Also they were advised that that address could be changed from MLK St. N to Montrose Ave. For investors... rents don't meet the 10% rule however that was a decision of the owners as one tenant takes care of the lawn, trees and lighting for the owner so his rent has remained the same. Tenants are willing to adjust to new rates if they can stay. Roof has recently been inspected. Lifespan of the roof is about 7 to 10 years. Report is attached to this listing. Bring Offers!!! *** All measurements and parcel division questions to be confirmed by buyer and or buyers agent

Additional Information

Taxes
$4145
Annual Gross Income
18600
Location
Corner Lot, Near Public Transit, Oversized Lot, Sidewalk, Street Paved
Community Features
No Deed Restriction
Property Description
One Story
Interior Layout
Built in Features, Eating Space In Kitchen, Solid Surface Counters, Thermostat
Interior Features
Built in Features, Eating Space In Kitchen, Solid Surface Counters, Thermostat
Floor
Ceramic Tile
Appliances
Cooktop, Electric Water Heater, Range, Range Hood, Refrigerator
Utilities
Cable Available, Electricity Available, Electricity Connected, Public, Sewer Available, Sewer Connected, Street Lights, Water Available, Water Connected
Heating
Central, Electric
Air Conditioning
Central Air
Exterior Construction
Block, Concrete
Exterior Features
Lighting, Sidewalk, Storage
Roof
Shingle
Foundation
Slab
Pool
No Pool
Garage Carport
1 Car Garage
Garage Spaces
1
Garage Features
Driveway, Open, Workshop in Garage
Elementary School
Mount Vernon Elementary-Pn
Middle School
Azalea Middle-Pn
High School
St. Petersburg High-PN
Pets
Allowed
Flood Zone Code
x
Parcel ID
01-31-16-58680-002-0090
Legal Description
MONTICELLO PARK UNIT 1 BLK 2, LOT 9

Mortgage Calculator

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Listing courtesy of BUFFINGTON PROP MGMT INC.

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