SAINT PETERSBURG, FL 33709 5050 74th STREET N
$975,000
11 more
Presented By: LPT REALTY with 877-366-2213. - 877-366-2213
Disclaimer: The information contained in this listing has not been verified by Worth Clark Realty and should be verified by the buyer.
Beds • 9
Baths • 6
SQFT • 3,409
Home Details
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.
Presented By: LPT REALTY with 877-366-2213. - 877-366-2213
Interior Features for 5050 74th STREET N
Bedrooms
Total Bedrooms9
Bathrooms
Half Baths0
Total Baths6
Other Interior Features
LivingAreaSourcepublic records
Air Conditioning Y/NYes
Fireplace Y/NNo
Flooringtile
Heating Y/NYes
Laundry Featuresinside, laundry room, washer hookup
Total Stories1
General for 5050 74th STREET N
Additional Parcels Description247
Additional Parcels Y/NYes
Appliancesconvection oven, refrigerator
Building Area Unitssquare feet
Carport Y/NNo
Citysaint petersburg
Construction Materialsstucco
Coolingcentral air
Countypinellas
Days on Market1
Directionsi-275 exit at 54th ave. n. head west to 71st. n. turn left, go to 50th ave. turn right, at end of street turn right onto 74th st. to address.
Exterior Featureslighting, other
Facing Directioneast
Flood Zone Codeae
Full Baths6
Garage Y/NNo
Heatingcentral
Home Owner AssocYes
Interior Featuresother
Land Lease Y/NNo
Lease Considered Y/NYes
Legal Descriptionpart 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.
Levelsone
Living Area Unitssquare feet
Lot Size Square Feet15494
Lot Size Unitssquare feet
MLS Area33709 - st pete/kenneth city
Minimum Leaseno minimum
ModificationTimestamp2024-09-12t10:47:25.847z
New ConstructionNo
Occupancy Typeowner
Percent Ownershipfee simple
Property SubTypesingle family residence
Property Typeresidential
Roofshingle
Senior Community Y/NNo
Sewerpublic sewer
Standard Statusactive
Statusactive
Subdivision Namedist:lfpw sec/twn/rng/mer:sec 06 twn 31s rng 16e p
Tax Annual Amount6836.17
Tax Lot247
Tax Year2023
Total Rooms4
Utilitiesbb/hs internet available, cable available, cable connected, electricity available, electricity connected, water available, water connected
Viewwater
View Y/NYes
Virtual TourClick here
Water Access Typecanal - saltwater, intracoastal waterway
Water Access Y/NYes
Water View Y/NNo
Waterfront Featurescanal - saltwater
Waterfront Y/NYes
Year Built1980
Zoningr-4
Exterior for 5050 74th STREET N
Building Area Total3409
Foundation Detailsblock
Lot Dimensions98 x 156
Lot Size Acres0.36
Lot Size Area15494
Number of Lots2
Road Surface Typeasphalt
Water Sourcepublic
Additional Details
Price History
