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$917,400

5111 1st Avenue S Saint Petersburg, FL 33707 • Multi Unit - Multiple • Active

  • 5111 1st Avenue S, Saint Petersburg, FL 33707 Main Photo

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Description

Wow is the Word for this Completely Updated Tri-Plex! Great Cash Flow for this Block Construction Complex off Central Ave. and Close to Bus line. All 3 Units come with an Assigned Carport Space and an individual Storage room. On-Site Laundry Room also brings in additional Cash Flow. This complex has been exceptionally well maintained. Beautiful landscape and walkways plus plenty of parking. Here are the Specs: 2,793 SF heated, 4,344 SF under roof Triplex - 2/2, 2/1, 1/1. Upgrades in 2023: All new kitchen appliances 2023 in all units - side by side fridge with water and ice, range, hood, sinks, faucets and dishwasher, 2023 kitchen cabinet refresh and upgraded doors and paint. All bathroom's new tile, toilets, faucets and vanities. 2020 new hot water heaters, 2023 new interior paint, 2023 new exterior primer and paint. 2023 new gutters with leaf guard. 2023 commercial grade exterior epoxy on all exterior walkways, carport and stairs. 2023 new LVP heavy duty flooring. 2023 new ceiling fans. 2022/23 new hurricane windows and front doors on all units. 2023 new washer/dryer and digital programmable locks on laundry entrances. All serious Investors must show Proof of Funds or Pre-Approval letter to schedule a viewing of all 3 units because it is all fully rented and we don't want to disturb the tenants unless Buyer is very serious. The rents stated are Actual rents not Expected. High and Dry. No Flood Insurance Needed. Each unit has a separate electric meter.

Property Highlights

Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Central, Electric
Lot Size: 0.11 Acres
Roof Type: Shingle
Taxes: $7,917
Year Built: 1971

General Information

Bedrooms: 5
Sqft: 2,793
County: Pinellas
Subdivision: CENTRAL AVE HOMES
Listed By:
Denise Baschuk WALKER AND ASSOCIATES REALTY 727-776-5430

Amenities

Ceiling Fans(s)
Walk-In Closet(s)
Balcony
Sidewalk

Property Features

Additional Rooms: Storage Rooms
Annual Net Income: 56366.00
Appliances: Dishwasher, Electric Water Heater, Ice Maker, Range, Range Hood, Refrigerator
Community Features: Street Lights
Days on Site: 6
Directions: Go west on Central Ave. until you reach 51st Street, then turn left to address on right.
Exterior: Block, Stucco
Flood Zone Code: X
Flooring: Ceramic Tile, Luxury Vinyl
Foundation: Slab
Home Warranty Y/N: No
Lease Terms: Twelve Months
Listing Terms: Cash, Conventional
Lot: Sidewalk
Lot Dimensions: 0.11
Ownership: Fee Simple
Parking: Covered, Driveway, Guest, Off Street, On Street, Tandem
Parking Notes: Covered, Driveway, Guest, Off Street, On Street, Tandem
Patio/Porch: Covered, Front Porch
Property Attached Y/N: No
Property Sub-Type: Triplex
Security: Smoke Detector(s)
Sewer: Public Sewer
Showing Instructions: 24 Hour Notice, Listing Agent Must Accompany, Text List Agent, ShowingTime
Special Sale Provisions: None
Units: 3
Utilities: Electricity Connected, Public, Sewer Connected
Water: Public
Water Access Y/N: No
Zoning: CRT-1
$917,400
5beds
2,793sqft
New to the Market Active
BEDS5 BATHS SQUARE FEET2,793 MLS#TB8559521
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONCENTRAL AVE HOMES

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5111 1st Avenue S, Saint Petersburg, FL 33707.

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Estimated Payment

$ 4,021.56 per month $3,094.24 Principal & Interest $659.75 Property Tax $267.58 Homeowner's Insurance

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