Residential Income $1,099,000
** SELLER OFFERING 2% TOWARD RATE BUY-DOWN which can help Buyer save $700+ on each monthly mortgage payment** 4-unit (6 bed/6 bath) investment property recently improved for long-term low-maintenance hold. Large units all with multiple large windows allowing bright living space for tenants. Lowest psf sale price offered in this in-demand rental area. Great location in the heart of Historic Uptown St. Pete and one mile walk to downtown stores, restaurants, and entertainment. Three 1/1 lower units with a renovated common laundry area. One large 3/3 unit upstairs (1800+ sf) with a roommate plan including a second (partial) kitchen (no 2nd stove), office and laundry facilities. Good closet space. All 4 units are individually metered with individual central AC (2 brand new HVAC units). Newly completed landscape drainage, trimming of overhanging trees, crawl space rodent restrictions installed, exterior window sills replaced, siding and paint renewed, revised roofing, plumbing, pest tenting (under warranty). High demand rental area keeps all units fully leased. On-street parking. This would be a gem addition to any portfolio with potential to house hack with easy access to downtown St. Pete. Great as a cash investment and candidate for a DSCR or no down payment VA loan.
