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4631 40th Street N, St Petersburg, FL 33714

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For Sale

$765,000

8 beds • 2,409 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $317.56
    Price per square foot

  • 41-50 Years Old
    Age

Explore this Property

Rare opportunity to own a building with 8 units. Central location in Lealman that is located in a non evacuation & non flood zone.. Block construction and built in 1982. Roof was replaced in 2013 Electric and some plumbing has been updated. Long time month to month tenants currently occupy the property and the units are currently rented at a price that is well below the local market. The street was recently redone including new sidewalk. The landlord uses the oversized 1 car garage for storage. Landlord pays all utilities. Estimated monthly utilities Electric $660, Water, Sewer & Trash $300, Cable $183, Gas $60. Two central A/C units provide heat and air. There is natural gas for the two hot water tanks , gas heat and the gas range in unit #8. This property has lots of potential to grow the current income stream.
MLS# U8219428

Courtesy Of RE/MAX Metro

(727) 896-1800

Property Features

  • Age
    41-50 Years Old
  • Amenities
    Dock
  • Architecture Style
    Other
  • Exterior Type
    Block
  • Heating System
    Central Furnace
  • Lot Size
    0.17 Acres

Map and Directions

Directions to 4631 40th Street N, St Petersburg, FL 33714

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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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