- MLS#: TB8302468 ( Residential )
- Street Address: 5050 74th Street N
- Viewed: 2
- Price: $975,000
- Price sqft: $286
- Waterfront: Yes
- Wateraccess: Yes
- Waterfront Type: Canal - Saltwater
- Year Built: 1980
- Bldg sqft: 3409
- Bedrooms: 9
- Total Baths: 6
- Full Baths: 6
- Days On Market: 101
- Additional Information
- Geolocation: 27.8179 / -82.7414
- County: PINELLAS
- City: SAINT PETERSBURG
- Zipcode: 33709
- Subdivision: Distlfpw Sectwnrngmersec 06 Tw
- Provided by: LPT REALTY
- Contact: Steven Sallo
- 877-366-2213
- DMCA Notice
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Distlfpw Sectwnrngmersec 06 Tw
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Tyrone
Tyrone Villas
PRICED AT ONLY: $975,000
Address: 5050 74th Street N, SAINT PETERSBURG, FL 33709
Would you like to sell your home before you purchase this one?
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.
Property Location and Similar Properties
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- Principal & Interest -
- Property Tax $
- Home Insurance $
- HOA Fees $
- Monthly -
Features
Building and Construction
- Covered Spaces: 0.00
- Exterior Features: Lighting, Other
- Flooring: Tile
- Living Area: 3409.00
- Roof: Shingle
Garage and Parking
- Garage Spaces: 0.00
Eco-Communities
- Water Source: Public
Utilities
- Carport Spaces: 0.00
- Cooling: Central Air
- Heating: Central
- Sewer: Public Sewer
- Utilities: BB/HS Internet Available, Cable Available, Cable Connected, Electricity Available, Electricity Connected, Water Available, Water Connected
Finance and Tax Information
- Home Owners Association Fee: 0.00
- Net Operating Income: 0.00
- Tax Year: 2023
Other Features
- Appliances: Convection Oven, Refrigerator
- Country: US
- Interior Features: Other
- Legal Description: PART OF NW 1/4 OF NW 1/4 OF SEC 6-31-16 DESC FROM SE COR OF NW 1/4 OF NW 1/4 OF SEC TH N00D47'45"E 160.08FT FOR POB TH N89D45'10"W 142.63FT TO E'LY R/W OF JOE'S CREEK TH CUR RT RAD 1198.57FT ARC 101.4FT CB N14D33'35"W 101.37FT TH S89D45'10"E 169.48FT TH S00D47'45"W 98FT TO POB
- Levels: One
- Area Major: 33709 - St Pete/Kenneth City
- Occupant Type: Owner
- Parcel Number: 06-31-16-00000-220-1700
- View: Water
- Zoning Code: R-4
- Anthoney Hamrick, REALTOR ®
- Tropic Shores Realty
- Mobile: 352.345.2102
- findmyflhome@gmail.com