2745 2nd Ave S - Apartments FOR SALE


Saint Petersburg, FL 33712- Kenwood
$1,300,000 USD
941-713-1397
2745 2nd Ave S, Saint Petersburg, FL for Sale
$1,300,000 USD
Apartments - FOR SALE
1/8
null | 7% Cap Rate

2745 2nd Ave S
Saint Petersburg, FL 33712
Kenwood


HIGHLIGHTS

  • Prime Location -Two blocks from Central Ave
  • All units completely Updated

OVERVIEW

Multi-Unit opportunity is the heart of St Petersburg. This completely renovated 6-unit property is Zoned Multifamily less than 10 units and is located just two blocks from Central Ave in St Petersburg. All units have been tastefully updated with new kitchens, AC systems, bathrooms and stainless steel appliances. Current Rental income of $9350 per month. Front building is four units completely renovated in 2019. Front units include waterproof laminate flooring, granite countertops, stainless steel appliances and renovated Bathrooms. Rear building is two units that were remodeled in 2022. Rear units include New Windows, Stainless steel appliances, large renovated bathrooms, quartz countertops and wood flooring. Plenty of Parking with 4 garage spaces. Both buildings are fully fire sprinklered, all new code compliant plumbing and electrical. Flood zone X with no insurance required! These units are in high demand and always stay rented with this desirable location!

FOR SALE DETAILS

PRICE

$1,300,000 USD

PRICE/SF

$353 USD /SF

# OF UNITS

6

PRICE/UNIT

$216,667

CAP RATE

7%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Midtown Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1925

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,281 SF

ZONING

MF

APN/PARCEL ID

23-31-16-17442-003-0110

ASK ABOUT THIS PROPERTY

Nathan RovnakShirley International Realty Inc.More Info
941-713-1397

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Nathan RovnakShirley International Realty Inc.More Info
941-713-1397

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.