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  • MLS#: TB8367052 ( Residential Income )
  • Street Address: 4480 40th Street N
  • Viewed: 39
  • Price: $1,100,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1969
  • Bldg sqft: 0
  • Bedrooms: 10
  • Total Baths: 9
  • Garage / Parking Spaces: 6
  • Days On Market: 15
  • Additional Information
  • Geolocation: 27.8125 / -82.6882
  • County: PINELLAS
  • City: ST PETERSBURG
  • Zipcode: 33714
  • Subdivision: 520000520000
  • Elementary School: New Heights
  • Middle School: Tyrone
  • High School: St. Petersburg
  • Provided by: KELLER WILLIAMS REALTY- PALM H
  • Contact: Jodi Avery
  • 727-772-0772
  • mfrmls
  • DMCA Notice
  • Description
    Multi Unit Investor Opportunity on Shaded Lot with Rental Income Minutes from Downtown St. Pete. Tucked beneath a canopy of mature trees on a generously shaded lot, this unique multi unit property is a rare opportunity for the savvy investor. It is just minutes from downtown St. Petersburg, I 275, and US 19. Featuring five duplexes, including studio and 1 bedroom units, each with its own screened in front porch, and a separate 2 bedroom single family home, this income producing compound is full of potential. While the structures are currently occupied and livable, some units may benefit from cosmetic updates and TLC, making this an ideal value add investment. The layout and variety of units lend themselves well to long term tenants, short term rentals, or a mixed use strategy. A quiet setting with old Florida charm, this property invites you to reimagine its future. Whether you're looking to renovate and increase rental income or hold as is, this is a chance to own a rare collection of units on a beautiful shaded lot. See attached PDF for details.
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Features
Home Owners Association Fee
  1. 0.00
Carport Spaces
  1. 6.00
Close Date
  1. 0000-00-00
Cooling
  1. Wall/Window Unit(s)
Country
  1. US
Covered Spaces
  1. 0.00
Exterior Features
  1. Storage
Flooring
  1. Linoleum
  2. Tile
  3. Wood
Garage Spaces
  1. 0.00
Heating
  1. Wall Units / Window Unit
High School
  1. St. Petersburg High-PN
Insurance Expense
  1. 0.00
Interior Features
  1. Ceiling Fans(s)
  2. Eat-in Kitchen
  3. Primary Bedroom Main Floor
Legal Description
  1. FROM NE COR OF SW 1/4 RUN S 360 FT (S) & W 30 FT FOR POB TH S 150 FT TH W 270 FT TH N 150 FT TH E 270 FT TO POB
Living Area
  1. 4954.00
Lot Features
  1. Level
  2. Paved
Middle School
  1. Tyrone Middle-PN
Area Major
  1. 33714 - St Pete
Net Operating Income
  1. 0.00
Occupant Type
  1. Tenant
Open Parking Spaces
  1. 0.00
Other Expense
  1. 0.00
Parcel Number
  1. 03-31-16-00000-310-2000
Property Type
  1. Residential Income
Roof
  1. Shingle
School Elementary
  1. New Heights Elementary-PN
Sewer
  1. Public Sewer
Tax Year
  1. 2024
Tenant Pays
  1. Electricity
  2. Water
Township
  1. 31
Utilities
  1. BB/HS Internet Available
  2. Cable Available
  3. Electricity Connected
  4. Phone Available
  5. Public
  6. Sewer Connected
  7. Water Connected
View
  1. Trees/Woods
Views
  1. 39
Virtual Tour Url
  1. https://youtu.be/kfpNj7CRh7E
Water Source
  1. Public
Year Built
  1. 1969
Zoning Code
  1. R-4