Address: 540 14th Street N, ST PETERSBURG, FL 33705
Description
Value add 18 Units in Downtown St Petersburg. 100% occupied with high rents with annual gross of $323,604. Property consists of 4 two bedroom apartments, 4 single family two bedroom homes, 3 studio apartments and 7 one bedroom apartments. Also included in the sale would the lot located between units 610 14th Street and 544 14th St N. Fantastic location located right next to Baycare's St Anthonys hospital. Property stays consistently occupied due to it's downtown location and proximity to the hospital. Perfect investment to do improvements and increase rents. Rents are 15 20% below market with 60 day termination clauses.
Value add 18 Units in Downtown St Petersburg. 100% occupied with high rents with annual gross of $323,604. Property consists of 4 two bedroom apartments, 4 single family two bedroom homes, 3 studio apartments and 7 one bedroom apartments. Also included in the sale would the lot located between units 610 14th Street and 544 14th St N. Fantastic location located right next to Baycare's St Anthonys hospital. Property stays consistently occupied due to it's downtown location and proximity to the hospital. Perfect investment to do improvements and increase rents. Rents are 15 20% below market with 60 day termination clauses.
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