$2,200,000
Description
Many possible opportunities for redevelopment. Property has DC-2 zoning. Currently operated as a 12 unit apartment building with two vacant adjoining lots. Four 1 bedroom units and eight studio units. All units have full kitchens. 1 bedroom units lease for $650 and should be leasing for $1000 plus per month and studio units lease for $550 to $625 per month and should be at $700 per month. All current leases are month to month, but most of the tenants have been long term occupants. Roof was replaced in 2020 and central air has recently been installed in two of the 1BR units. Electric has been updated and each unit is metered separately. Plumbing has also been updated. There is an alley right of way behind the property that runs parallel to the overpass. Many new residential developments in the immediate area. Only a few blocks North of the Central Avenue Edge District.
Listed by Paul Traxler, .
Property Highlights
- Acres: 0.36
- County: Pinellas
- Year Built: 1925
- Property Type: Commercial, Multi Family
- MLS #: U8139724
Property Features
| Interior Square Footage | 5,411 |
| Lot Size Acres | 0.36 |
| Lot Size Dimension | 118x134 |
| Lot Size Square Feet | 15,812 |