Rare Investment opportunity, 4-unit concrete block constructed apartment building in beautiful St. Petersburg, Florida! This turn-key purpose-built quadplex offers 4 identical units - 2Br 1 Bath with washer/dryer hook-ups. All units have been remodeled with new kitchen, bath, and tile flooring. New top of the line Trane HVAC units in all 4 apartments, Low-e double pane vinyl insulated windows, water sprinkler with well. You will not find a better maintained 4-unit rental property for sale in Pinellas County. Located just 14 minutes from Tampa International Airport and 11 minutes to Downtown St Pete and 2miles to Tampa Bay beaches, this property provides unbeatable convenience for tenants. Current rents are below market value, creating an immediate value-add opportunity for investors. By adjusting to median rent rates, this property has the potential to generate a 10%+ cap rate immediately, making it an exceptional addition to any portfolio. Don't miss this chance to own a high demand, meticulously maintained rental property with significant upside potential!
Listing courtesy of CENTURY 21 RE CHAMPIONS. 727-398-2774
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