PRICE RECENTLY REDUCED
This offering presents an opportunity to acquire three outstanding value add properties on one tax parcel. The current ownership of these well maintained buildings have recently replaced two out of three roofs, professionally painted exteriors and installed new double pane windows to 50% of the property; this is an opportunity for a hands-on operator to continue to upgrade and improve the property. Minor interior improvements could result in increased rents. In fact, immediate opportunities exist for new owner to adjust rents upward -all current tenants have fulfilled a one year obligation and are now on month to month tenancy. Additional income from tenants is realized through a coin-operated washer/dryer and 5 small storage units.
These properties have fantastic curb appeal and are in a desirable neighborhood. Tenants are readily available through for rent signs in the yard. New owner will benefit from St. Petersburg's large singles population and strong employment.
Located one block from beautiful MirrorLake, this property is within walking distance of downtown St. Petersburg, BayWalk, VinoyPark, Tropicana Field, and the picturesque waters of TampaBay.
SEE EXECUTIVE SUMMARY ABOVE.
Property Description
back