2025 7th Street S, Saint Petersburg, FL 33705
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  • MLS#: U8248112 ( Residential Income )
  • Street Address: 2025 7th Street S
  • Viewed: 11
  • Price: $1,649,000
  • Price sqft: $280
  • Waterfront: No
  • Year Built: 1949
  • Bldg sqft: 5882
  • Bedrooms: 11
  • Total Baths: 9
  • Days On Market: 83
  • Additional Information
  • Geolocation: 27.7496 / -82.6428
  • County: PINELLAS
  • City: Saint Petersburg
  • Zipcode: 33705
  • Subdivision: Schooleys Homeville
  • Provided by: PREMIER PORTFOLIO INTL REALTY
  • Contact: Davide Timori
  • 727-471-4980
  • DMCA Notice
  • Description
    Incredible cash flowing property!!!! Owner financing available at a great interest rate!!! *8 unit multifamily investment opportunity in downtown st. Petersburg! * *location:* just minutes from downtown st. Petersburg, this property offers unparalleled access to the city's vibrant amenities, attractions, and employment opportunities. *property highlights:* 8 spacious units full updated in 2021/2022 (6 units 1 bed , 1 unit 2 beds , 1 unit 3 beds 2 baths) 11 bedrooms and 9 bathrooms. Gated front and back yards provide privacy and security on site laundry room for added convenience beautifully landscaped grounds with ample parking strong income potential with most tenants under housing authority programs 800sqft storage on site not cash flowing at the moment (you can get extra money on renting it. $500/600 monthly even more if you split it) or convert it in extra bedrooms , it is already considered heated sqft. *financial highlights:* monthly income $13,420 gross annual income: $161,020+ net operating income (noi): $123,900+ cap rate: 7. 3 % average rent per unit: $1,677 owner financing available at a great interest rate!!! *additional features:* individual unit meters for electricity and water security cameras and motion sensitive lighting close proximity to public transportation, shopping, and dining *don't miss out on this exceptional opportunity to own a cash flowing multifamily property in one of st. Petersburg's most growing neighborhoods next to downtown! *
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Exterior Features: Balcony, Courtyard, Fence, Lighting, Private Mailbox, Rain Gutters, Sidewalk, Storage
  • Living Area: 4632.00
  • Roof: Other
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
Eco-Communities
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Cooling: Wall/Window Unit(s)
  • Heating: Wall Units / Window Unit
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Water - Multiple Meters
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Tax Year: 2023
Rental Information
  • Tenant Pays: Electricity, Water
Other Features
  • Country: US
  • Interior Features: Ceiling Fans(s), Thermostat
  • Legal Description: SCHOOLEY'S HOMEVILLE BLK 2, LOTS 5 AND 6
  • Area Major: 33705 - St Pete
  • Parcel Number: 30-31-17-79020-002-0050
  • Views: 11
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Headshot for Associate Barbara Kleffel
  1. Barbara Kleffel, REALTOR ®
  2. Southern Realty Ent. Inc.
  3. Office: 407.869.0033
  4. Mobile: 407.808.7117
  5. barb.sellsorlando@yahoo.com