Exceptional income-producing opportunity in Old Southeast! Discover this versatile five-unit multifamily property with projected annual gross rental income of $102,000. Ideally located in one of St. Petersburg's most charming residential neighborhoods, right next to beautiful Lassing Park and the sparkling waters of Tampa Bay!
Enjoy the best of both worlds: a… Read More quiet, peaceful neighborhood with mature trees and a tranquil atmosphere, yet just a short bike ride from the heart of downtown St. Petersburg. Enjoy convenient access to waterfront parks, award-winning restaurants, museums, shopping, nightlife, and the iconic St. Pete Pier.
The property features five rental units across two separate buildings, offering a desirable mix of two 2-bedroom/1-bathroom units, one 1-bedroom/1-bathroom unit, and two studios. A charming garden courtyard separates the buildings, creating an inviting outdoor setting, while select units feature private patios. Shared laundry facilities provide additional convenience.
Flexibility is the key! Whether you're looking to expand your investment portfolio, live in one unit while generating rental income from the others, or explore a combination of long-term and short-term rental strategies, this property offers multiple possibilities. Four units are currently operated as traditional rentals, while the fifth has an established Airbnb rental history.
With impressive income potential, five income-producing units, and an outstanding location beside Lassing Park and just minutes from vibrant downtown St. Petersburg, this is a compelling opportunity for investors and owner-occupants alike. An exceptional combination of location, income potential, and flexibility! Read Less
Courtesy of KELLER WILLIAMS ST PETE REALTY 727-894-1600
Listing Snapshot
Days Online
0
Last Updated
Property Type
Quadruplex
Beds
5
Square Ft.
2,768
Lot Size
0.2 Acres
Year Built
1950
MLS Number
TB8560751
Additional Details
Property Access
Road Surface: Asphalt
Appliances & Equipment
Other equipment: None
Building
Built in 1950, Living area: 2768, Living area units: Square Feet, Construction Materials: Concrete, Frame
Cooling
Central Air
Exterior Features
None
Foundation
Slab
Heating
Electric
Income
Gross Income: $102,326
Interior Features
Thermostat
Laundry
Inside
Lot
0.2 acres
Roof
Shingle
Sewer
Public Sewer
Taxes
Additional parcels description:, Parcel Number: 30-31-17-77184-009-0090, Public Survey Range: 17, Public Survey Section: 30, Annual Amount: $11,155, Tax Block: 9, Tax Book Number: 1-17, Legal Description: ROUSLYNN BLK 9, LOT 9, Lot: 9, Year: 2025
Utilities
BB/HS Internet Available, Cable Connected, Electricity Connected, Public, Water Source: Public
Find The Perfect Home
'VIP' Listing Search
Whenever a listing hits the market that matches your criteria you will be immediately notified.
Listings courtesy of Stellar MLS as distributed by MLS GRID, based on information submitted to the MLS GRID as of . Information is provided exclusively for consumers' personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may be listed or sold by various participants in the MLS, who may not be the office/agent presenting the information. This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Confirm your time
Fill in your details and we will contact you to confirm a time.