UPDATED:
Key Details
Property Type Other Types
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 8,000 sqft
Price per Sqft $311
Subdivision La Salle Gardens Charles Rep
MLS Listing ID TB8406946
Bedrooms 13
HOA Y/N No
Year Built 1972
Annual Tax Amount $14,166
Lot Size 0.370 Acres
Acres 0.37
Lot Dimensions 127x126
Property Sub-Type Multi Family
Source Stellar MLS
Property Description
10 unit solid concrete block apartment building in Northeast St. Pete. This building did not suffer any flooding, or adverse effects whatsoever from last years storms! Two story building with (3) 2 bedroom, 2 bath units, (7) 1 bedroom, 1 bath units and a dedicated laundry room. Building was built in 1972, and completely top to bottom “to the studs” renovated in 2017. Each unit has the same finishes: solid wood kitchen cabinetry featuring built in wine rack, granite countertops with undermount kitchen sink, four piece stainless steel appliance suite, central AC, 100 percent hurricane impact windows and doors, subway tile shower tile, with cast iron Kohler soaking tubs. Every plumbing unit in the building (toilets, tubs, shower valves, sink faucets) is Kohler, every light fixture LED, all interior doors in the building were replaced, all water heaters were replaced, as was roof. Walkways were redone with long lasting commercial coating. Added bonus: professionally refinished terrazzo flooring throughout the building; no expense ever for flooring between tenants!
Historical vacancy since renovation is virtually non existent. Northeast park is one of the most desirable neighborhoods in St. Petersburg, close to dining and restaurants, and this is a completely modernized building. Variations in rent between units of the same size are not due to quality of finishes (since all units were remodeled at the same time); but rather how long a tenant has been in the building. The lower the rent, the long the tenure. Moving forward, the “value add” is simply increasing rents to make them uniform when owner so chooses.
Location
State FL
County Pinellas
Community La Salle Gardens Charles Rep
Area 33703 - St Pete
Zoning NS-MF
Direction N
Rooms
Other Rooms Inside Utility, Storage Rooms
Interior
Interior Features Ceiling Fans(s), Living Room/Dining Room Combo, Solid Surface Counters, Solid Wood Cabinets, Thermostat
Heating Central, Electric
Cooling Central Air
Flooring Terrazzo
Furnishings Unfurnished
Fireplace false
Appliance Dishwasher, Electric Water Heater, Microwave, Range, Range Hood, Refrigerator
Laundry Common Area, Laundry Room
Exterior
Exterior Feature Lighting, Sidewalk, Storage
Parking Features Assigned
Community Features Street Lights
Utilities Available BB/HS Internet Available, Cable Available, Electricity Connected, Public, Sewer Connected, Underground Utilities, Water Connected
Roof Type Built-Up
Porch Patio
Garage false
Private Pool No
Building
Entry Level Two
Foundation Concrete Perimeter, Slab
Lot Size Range 1/4 to less than 1/2
Sewer Public Sewer
Water Public
Structure Type Concrete,Stucco
New Construction false
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
