700 Grove Street N, St Petersburg, FL 33701

$980,000
1,736
SqFt
Sold Price
$980,000
List Price
$1,050,000
Status
Sold
Days on Market
222
Closing Date
Jan 20, 2023
MLS#
U8157418
Property Style
Multi-Family
Year Built
1925
Living Area
1,736
Lot Size
4,426
Acres
0.10
Total Acreage
0 to less than 1/4
Legal Subdivision Name
Coles R J
MLS Area Major
St Pete

Property Description

Partial showings currently available!! RARE OPPORTUNITY to purchase a BEAUTIFUL 5 UNIT property IN HIGH-DEMAND and WALKABLE HISTORIC UPTOWN!!!!! This EXCELLENTLY LOCATED property is a GREAT UNIT MIX of 3 Studios, and 2 1-Bedroom apartments - high-demand products in our booming rental market. With IN-UNIT LAUNDRY for 3 of the units and ON-SITE Laundry for the other 2, wood floors, updated units, fresh paint and a 2017 ROOF all on a corner lot with 2 off street parking spaces make this a TURN-KEY property for any investor on the spectrum, new or experienced. Located in the incredibly WALKABLE Historic UPTOWN area, this property will be sure to provide SOLID, CONSISTENT CASH-FLOW for the next owner. This area is IN-DEMAND for rentals, and will remain that way for the foreseeable future as downtown ST PETE continues to boom! This NO-FLOOD ZONE property is located just blocks from the DOWNTOWN ST PETE - an IDEAL LOCATION for Tenants!! Walk to Central Ave and all of the excellent restaurants, shops and breweries, and the DINING, ENTERTAINMENT, CULTURAL ATTRACTIONS and WATERFRONT PARKS that DOWNTOWN ST PETE is so rightly famous for!!! With easy access to the freeway it's also just a short drive to our amazing BEACHES or downtown Tampa - truly something for everyone. The property has STABLE RENTS with SIGNIFICANT UP-SIDE POTENTIAL!! This property CAN BE PURCHASED SEPARATELY or AS A PORTFOLIO with another St Petersburg property - a pre-packaged ST PETERSBURG investment portfolio with management in place if wanted - all set to go!!!! Don't wait - invest now in the future of St Pete!!!

Additional Information

Taxes
$7485
Location
City Limits, Near Public Transit, Paved
Community Features
No Deed Restriction
Interior Layout
Ceiling Fans(s)
Interior Features
Ceiling Fans(s)
Floor
Tile, Wood
Appliances
Range, Refrigerator
Utilities
Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Heating
Wall Units / Window Unit
Air Conditioning
Mini-Split Unit(s), Wall/Window Unit(s)
Exterior Construction
Stucco, Wood Frame
Exterior Features
Awning(s), Balcony
Roof
Shingle
Foundation
Crawlspace
Pool
No Pool
Flood Zone Code
X
Parcel ID
18-31-17-17172-002-0010
Legal Description
COLE'S, R.J. BLK B, E 95.2FT OF LOT A

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of RE/MAX PREFERRED. Selling Office: REAL BROKER LLC.

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