5050 74Th N St, St Petersburg, FL 33709
$975,000
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Home Description
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.
- Water Frontage: Canal - Saltwater
- Water Feet: 0
- Water Access: Canal - Saltwater,Intracoastal Waterway
- Interior Features: Other
- Appliances: Convection Oven,Refrigerator
- Floor Covering: Tile
- Exterior Features: Lighting,Other
- Exterior Contruction: Stucco
- Foundation: Block
- Front Exposure: East
- Roof: Shingle
- Building Sqft: 3409
Available now at $975,000
Approximate Room Sizes / Descriptions
| Primary Bathroom | 14x12 | First | |
| Kitchen | 14x12 | First | |
| Living Room | 18x14 | First | |
| Primary Bedroom | 18x15 | First | |
- Garage: False
- Garage Spaces: 0
- Carport: False
- Carport Spaces: 0
- Air Conditioning: Central Air
- Heating: Central
- Utilities: BB/HS Internet Available,Cable Available,Cable Connected,Electricity Available,Electricity Connected,Water Available,Water Connected
- Lot Sqft: 15494.00
- Lot Dim: 98x156
- Lot Acres: 0.3600
- Total Acre: 1/4 to less than 1/2
- Lot Num: 247
- Style: Single Family Residence
- Building Num Floors: 1
- : 877-366-2213
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Financial
- Approx Payment:$4,743*
- Taxes:$6,836
Area Stats
These statistics are updated daily from the My Florida Regional MLS. For further analysis or
to obtain statistics not shown below please call EasyStreet Realty at
(407) 252-3959 and speak with one of our real estate consultants.
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1.4%
37.1%
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Listing Courtesy of LPT REALTY.
For information or to schedule a viewing of this property (MLS# TB8302468), call: 407-252-3959
5050 74Th N St, St Petersburg FL is a single family home of 3409 sqft and
is currently priced at $975,000
.
This single family home has 9 bedrooms.
In addition to single family homes, EasyStreet also makes it easy to find Homes, Condos, New Homes and Foreclosures
in St Petersburg, FL.
Plumosa Park, Disston Gardens and Harshaw are nearby neighborhoods.
MLS TB8302468 has been posted on this site since 9/11/2024 (today).