3600 Dr Martin Luther King Jr Street S

    St Petersburg, FL 33705
    • $1,100,000
    • STATUS: Active
    • ON SITE: 28 days
    • MLS #: U7845277
    $1,100,000
    • 0
      BEDS
    • 0.67
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 12,196
      SQFT
    • $90
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1963
    County:
    Area:

    School Ratings & Info

    Listing information courtesy of Radiant Asset Management Inc.

    Description

    The property consists of 12 apartment units with One 2-Bedroom/2-Bath, two 2-Bedroom/1-Bath and Nine 1-Bedroom/1-Bath units that are 940 sqft each. The property is located directly across from Lake Maggori, Lake Maggori Public Park and the Boyd Hill Nature Preserve, a 245 Acre award winning park consisting of 6 miles of trails, boardwalks and nature. The views will never be obstructed by development due to it being preserved land. The property has been in the same ownership for the last 18 years and should be considered a value add acquisition, as rents are far below market standards, that could be achieved with interior and exterior renovations. The 2 story property is concrete block construction with flat roofs and covered carport parking.Additional revenue could be garnered with the installation of onsite laundry facilitys, storage areas and sub metering systems. The property has maintained a consistently high occupancy level and benefits from excellent frontage on 9th St S.

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    © 2018 My Florida Regional Multiple Listing Service, Inc. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2018-02-19T23:39:50.78.
    www.michellechenault.com/homes/80159338

    3600 Dr Martin Luther King Jr Street S St Petersburg, FL 33705

    • Price: $1,100,000
    • Status: Active
    • MLS #: U7845277
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.67
    Acres
    12,196
    SQFT
    $90
    $/SQFT
    1963
    Built
    Neighborhood:
    Poiriers 9Th St Rep
    County:
    Pinellas
    Area:
    St Pete
    Property Description
    The property consists of 12 apartment units with One 2-Bedroom/2-Bath, two 2-Bedroom/1-Bath and Nine 1-Bedroom/1-Bath units that are 940 sqft each. The property is located directly across from Lake Maggori, Lake Maggori Public Park and the Boyd Hill Nature Preserve, a 245 Acre award winning park consisting of 6 miles of trails, boardwalks and nature. The views will never be obstructed by development due to it being preserved land. The property has been in the same ownership for the last 18 years and should be considered a value add acquisition, as rents are far below market standards, that could be achieved with interior and exterior renovations. The 2 story property is concrete block construction with flat roofs and covered carport parking.Additional revenue could be garnered with the installation of onsite laundry facilitys, storage areas and sub metering systems. The property has maintained a consistently high occupancy level and benefits from excellent frontage on 9th St S.
    Exterior Features

    Exterior Construction BlockStucco Exterior Features Mature Landscaping Garage Carport None Garage Features Covered ParkingNone Location In City LimitsStreet Paved Lot Dimensions 0X0 Pool None Property Style Five Or More Roof Built Up Sidewalk Yes Total Acreage Up To 10889 Sq. Ft. Water Access YN No Water Frontage YN No Water View YN No Waterfront Feet 0

    Interior Features

    Air Conditioning Central Heating And Fuel Central

    Property Features

    1 Bed1 Bath Units 9 2 Bed1 Bath Units 2 2 Bed2 Bath Units 1 Additional Parcel YN No Auction YN No Cdd YN No Efficiencies Units 0 Financing Available CashConventionalFhaVa Flood Zone Code Ae Hoa Comm Association None Homestead YN No Housing For Older Persons N/A Internet YN Yes New Construction No Realtor Info Brochure Available Special Sale Provision None Sq Ft Source Public Records Tax Year 2017 Taxes 10662 Utilities Public Utilities

    Listing information courtesy of Radiant Asset Management Inc.
    © 2018 My Florida Regional MLS. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law.


    © 2018 My Florida Regional Multiple Listing Service, Inc. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2018-02-19T23:39:50.78.
    Chenault Group
    468 Mandalay Ave.
    Clearwater Beach FL, 33767
    Listing information courtesy of Radiant Asset Management Inc.