GREAT Income producing Quad-Plex situated in the heart of St. Pete's desirable CRESCENT LAKE NEIGHBORHOOD, just blocks to Crescent Lake Park with Tennis courts, Baseball field, dog park, exercise path and playground, and only one more block to the trendy 4th Street North Commercial corridor with plenty of restaurants, boutiques and entertainment venues, yet also close to downtown with easy & quick access to I-275 on-ramps to Tampa nearby as well. This block building consists of four 1 bedroom/1 bath units which were fully renovated and updated in 2015 with all new kitchens, with quarts counter-tops, soft touch shaker cabinets as well as updated baths, A/C units, windows, doors, wiring, appliances and fixtures. Each unit also has its own laundry and has plenty of parking options for tenants with on-site parking as well as guest, street parking available in this non-evacuation zone situated property. Currently fully leased with several long-term tenants in-place and plenty of upside potential for future rents to come. With all block construction, concrete back porch and easement, and only a very small Florida-scaped front yard, maintenance is kept to a minimum. Currently professionally, property managed this property is a class A income-producing multi-family opportunity which will not last long. 2019-10-28
Off market
$769,700
875 18th Ave N, St Petersburg, FL 33704
2beds
0baths
2,175sqft
Quadruplex
Built in 1955
-- sqft lot
$769,700 Zestimate®
$354/sqft
$3,222 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 0
Heating
- Other
Cooling
- Central
Appliances
- Included: Dryer, Freezer, Refrigerator, Washer
- Laundry: Inside, Laundry Closet
Features
- Ceiling Fans(s), Stone Counters, Thermostat
- Flooring: Tile, Carpet, Hardwood
Interior area
- Structure area source: Public Records
- Total interior livable area: 2,175 sqft
Property
Accessibility
- Accessibility features: Accessible Approach with Ramp
Features
- Levels: One
- Patio & porch: Covered, Front Porch
- Exterior features: Stucco
- Has view: Yes
- View description: None
Lot
- Size: 6,534 sqft
- Dimensions: 49x136
- Features: In City Limits, Near Public Transit, Corner Lot, Sidewalk
Details
- Parcel number: 183117242820000080
- Zoning: MULTI-FAM
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Foundation: Footing
- Roof: Composition
Condition
- Completed
- Year built: 1955
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Cable Connected, Sewer Connected, Fire Hydrant, Sprinkler Recycled, NaturalGas Available
Community & neighborhood
Security
- Security features: Smoke Detector(s), Security Lights
Location
- Region: St Petersburg
- Subdivision: CRESCENT LAKE
Other
Other facts
- Community Features: Sidewalk, Park, Playground
- Levels: One
- Lot Features: In City Limits, Near Public Transit, Corner Lot, Sidewalk
- Tenant Pays: Electricity
- Total Acreage: Up to 10, 889 Sq. Ft.
- Utilities: Electricity Connected, Cable Connected, Sewer Connected, Fire Hydrant, Sprinkler Recycled, NaturalGas Available
- Appliances: Refrigerator, Range, Dryer, Washer, Range Hood, Freezer, Tankless Water Heater
- Heating: Electric, Central
- Interior Features: Ceiling Fans(s), Stone Counters, Thermostat
- Laundry Features: Inside, Laundry Closet
- Flooring: Laminate
- Building Area Source: Public Records
- Construction Materials: Block
- Security Features: Smoke Detector(s), Security Lights
- Cooling: Central Air
- Pets Allowed: Yes
- Patio And Porch Features: Covered, Front Porch
- Property Sub Type: Quadruplex
- Property Type: Residential Income
- Roof: Shingle
- Exterior Features: Irrigation System, Sidewalk
- Financial Data Source: Accountant
- Additional Parcels YN: 0
- Fireplace YN: 0
- Pool Private YN: 0
- Public Survey Section: 18
- Water Access YN: 0
- Water Extras YN: 0
- Waterfront Feet Total: 0
- Waterfront YN: 0
- Water View YN: 0
- Flood Zone Code: X
- Other Exemptions YN: 0
- Public Survey Range: 17
- Year Built: 1955
- Number Of Lots: 1
- New Construction YN: 0
- Zoning: MULTI-FAM
- Annual Expenses: 9000
- Living Area: 2175.00
- Garage YN: 0
- Lease Term: 12 Months
- Property Condition: Completed
- Accessibility Features: Accessible Approach with Ramp
- View: Garden, City
- Sewer: Public Sewer
- Water Source: Public
- Homestead YN: 0
- Tax Year: 2019
- Foundation Details: Crawlspace
- Building Area Total: 2175.00
- Lot Size Dimensions: 49x136
- Subdivision Name: CRESCENT LAKE
- Tax Annual Amount: 7354.00
Services availability
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Estimated market value
$769,700