Boutique 4-Unit Apartment Complex with Heated Salt Water Pool Located Just Steps to Coffee Pot Bayou in the Beautiful Neighborhood of Historic Old Northeast! Boasting a Current Cap Rate of 6.41, This Mediterranean Revival Property that is Made of Solid Concrete Block has it All, and Was Completely Restored in 2017. The 4-Units are Split into 2 Separate Buildings, Offering Maximum Privacy and Natural Light for Each Individual Apartment. The Unit Breakdown is As Follows: 2 Bedroom, 2.5 Bathroom - $2,100 per Month; 2 Bedroom, 1 Bathroom - $1,650 per Month; 1 Bedroom, 1 Bathroom - $1,650 per Month; 1 Bedroom, 1 Bathroom - $1,400 per Month. Each Unit Has Its Own Private Washer/Dryer, The Hot Water is Supplied by Tankless, Natural Gas Water Heaters, Almost All of the Windows Have Been Replaced, Each Unit has a Brand New or Newer Air Conditioning System and Every Unit Has Gone Through an Extensive Kitchen/Bathroom Renovation. This Property is the Perfect Investment for the Hands-Off Investor Seeking Instant Cash-Flow in a Premium Location in Booming St. Petersburg. Every Detail of This Complex is Meticulously Cared For, and the Finish Work Inside and Outside of the Units are a Seamless Blend of Contemporary and Period Accents. Mature Landscaping, Soaring Oak Trees and Beautiful Black Metal Fencing Perfectly Compliment This One-of-a-Kind Property in the Historic Old Northeast Which Won the Neighborhood Star Award in March 2018. 3-D Tours of Every Unit are Available!
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