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527 North 8Th Street

Saint Petersburg, FL 33701
$659,000
0.21
Acres
4,616
SQFT
143
$/SQFT
$659,000
4,616
  sf
$143 / sf
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527 North 8Th Street

Saint Petersburg, FL 33701
$659,000
price reduced
1/14
Street View
Street View

New roof on Building #2! Ideally located just a couple blocks from downtown St.Pete this apartment complex has 100% occupancy with rental history and leases provided upon request. Priced at a 7.52% CAP rate, this is an ideal investment for the experienced, savvy investor or a new investor ready to just take over and start making money right away. 7 units with annual gross rents of $84,000 and netting $49,552 with profit and loss on the sellers Schedule C tax return to document all monies. This investment has it all and won't last long on the market. The rental market is hot right now and expected to continue for at least the next decade. Get your slice of the pie and become the proud new owner of this apartment complex now!

0.21
Acres
4,616
SQFT
143
$/SQFT
MLS#: U8014649
Listed by Re/max Metro
$659,000
4,616
  sf
$143 / sf
Favorite
Ask agent

New roof on Building #2! Ideally located just a couple blocks from downtown St.Pete this apartment complex has 100% occupancy with rental history and leases provided upon request. Priced at a 7.52% CAP rate, this is an ideal investment for the experienced, savvy investor or a new investor ready to just take over and start making money right away. 7 units with annual gross rents of $84,000 and netting $49,552 with profit and loss on the sellers Schedule C tax return to document all monies. This investment has it all and won't last long on the market. The rental market is hot right now and expected to continue for at least the next decade. Get your slice of the pie and become the proud new owner of this apartment complex now!

Listed by:
Re/max Metro

Source:
MFRMLS

Property details

Community Features

  • No HOA

Property Features

  • Sewer

View

  • City view

Exterior features

  • Carport
  • No Pool
  • Parking Off-Street
  • Parking

Interior Features

  • Heat Electric

Style

  • A-Frame
  • 1st Floor Unit

Financing

  • Cash
  • Conventional Financing
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