$599,900

About This Property

Four units, an existing U.S. Coast Guard lease, and a remodeled apartment available for its next tenant—this St. Petersburg multifamily property offers an opportunity to acquire existing rental income with an immediate leasing opportunity. The property includes three 2-bedroom, 1-bath apartments, each approximately 900 square feet, plus an efficiency unit. Remodeled Unit B is currently vacant, giving an incoming investor the opportunity to place a new tenant. One unit remains leased to the United States Coast Guard. Spacious living areas, well-designed kitchens, and private washer/dryer hookups for practical everyday convenience. Private fenced backyard spaces with gated access provide outdoor room to relax—an appealing feature for prospective tenants. Located in St. Petersburg with access to shopping, parks, downtown attractions, and Gulf beaches, this four-unit property brings together a versatile unit mix, existing tenancy, and a remodeled vacancy ready for leasing. Expand your portfolio with a property offering multiple rental streams under one ownership.