About 5050 74th Street N
Foundation being repaired by end of February!!! ZERO DAMAGE FROM EITHER HURRICANE!!! PHENOMENAL MULTI UNIT INVESTMENT OPPORTUNITY WITH 6 UNITS PRICED FOR AN IMMEDIATE SALE IN A GREAT ST. PETE NEIGHBORHOOD WITH WATER VIEWS!!!! Fully occupied cash generating investment property!!! 3 two bedrooms 1 bath 2 studio 1 one bed one bath, fully occupied currently, opportunity to renovate units and raise rents. $1,300 $1,560 $1,500 $950 $1,000 $1,000 Total: $7,310 per month $87,720 total income per year Expenses: $250 per month for water garbage pickup $94 per month $4,128 annually Taxes $6,800 annually Insurance $4,103 annually, never flooded in the last 20 years! Total expenses annually : $15,031 Net annual profit roughly: $72,689 Opportunity for laundry in the back, no laundry onsite currently, could be income producing laundry building onsite to be built as ADU type building. Upgraded plumbing 4 years ago Upgraded electrical 4 years ago Air condition 4 years old Central air 8% cap rate with opportunity to boost to 9-10% cap rate with rent raise and laundry area addition.
Residential home for sale in ST PETERSBURG, FL at 5050 74th Street N. This 9 bedroom Residential home is priced at $286/sqft
Features of 5050 74th Street N
MLS® # | TB8302468 |
---|---|
Price | $975,000 |
Bedrooms | 9 |
Bathrooms | 6.00 |
Full Baths | 6 |
Square Footage | 3,409 |
Acres | 0.36 |
Year Built | 1980 |
Type | Residential |
Sub-Type | Single Family Residence |
Status | Active |
Community Information: St Petersburg
Address | 5050 74th Street N |
---|---|
Area | St Pete/Kenneth City |
Subdivision | DIST:LFPW SEC/TWN/RNG/MER:SEC 06 TWN 31S RNG 16E P |
City | ST PETERSBURG |
County | Pinellas |
State | FL |
Zip Code | 33709 |
Amenities of 5050 74th Street N
View | Water |
---|---|
Is Waterfront | Yes |
Waterfront | Canal - Saltwater |
Has Pool | No |
Senior Community | No |
Interior of 5050 74th Street N
Interior Features | Other |
---|---|
Appliances | Convection Oven, Refrigerator |
Heating | Central |
Cooling | Central Air |
Fireplace | No |
# of Stories | 1 |
Exterior of 5050 74th Street N
Exterior Features | Lighting, Other |
---|---|
Roof | Shingle |
Foundation | Block |
Additional Information On 5050 74th Street N
Date Listed | September 11th, 2024 |
---|---|
Days on Market | 151 |
Zoning | R-4 |
Flood Zone Code | AE |
Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
HOA Fees | 0.00 |
Listing Details
Office | LPT REALTY |
---|
Map To 5050 74th Street N, ST PETERSBURG
Request a Showing
Similar Pages
- St. Petersburg Luxury Homes For Sale
- St. Petersburg
- ONE St. Petersburg
- St. Petersburg Real Estate
- St. Petersburg Florida Homes For Sale
- St. Petersburg New Construction Homes For Sale
- St. Petersburg New Construction Condos For Sale
- St. Petersburg Condos For Sale
- Downtown Luxury Condos For Sale in St. Petersburg, FL
- Historic Old Northeast St Petersburg
- Downtown St Petersburg Condos
- Downtown St Petersburg