$1,000,000

About This Property

Seller concession offered to buy down rate! Motivated seller! $50,000 Price reduction! Incredible investment opportunity with this triplex in the heart of Historic Uptown! One of the best neighborhoods for tenants in St Pete. This triplex is fully occupied with tenants in place at below market rents. With rents at market rate, the pro forma numbers suggest this triplex would be a 7% cap rate investment. This triplex has a 3 car detached garage across from the courtyard that is currently being used as a laundry room and storage. This garage is huge! It could be converted to a 4th unit with it's own parking pad while keeping the laundry room and a 1 car garage for parking and storage. Plumbing and electrical are already in place!

infoProperty Details

Property Type

Triplex

Year Built

1925

Living Area

1,500 sqft

Lot Size

0.12 acres

Bedrooms

2

Bathrooms

4

Garage Spaces

3

Ownership

Fee Simple

Days on Market

chairInterior Features

yardExterior & Lot

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Listed By

COMPASS FLORIDA LLC

727-339-7902