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Featured Properties

 

2595 50th Ave. N., St. Petersburg (map it!)
 
Price: $295,000
Building Size (Sq.Ft.): 5720
Lot Size: 0.57 Acres
Zoning: Commercial
Year Built: 1958
Taxes: $6,886 in 2005
Parcel ID: 02-31-16-00000-120-1700
  • Easily rented quaint, adorable, individual cottages
  • Twelve units total.
  • One unit is a 3-2 concrete block house.
  • 15% Capitalization rate (no kidding, with the appropriate expenses applied)
  • Full Lot with over 1/2 acre of land, offering plenty of upside potential once this recession blows over.
 
Wonderful collection of cottages (and one house) that are easily managed and are a money maker. Occupancy is high and has been historically. The property is centrally located with good access to US-19 and I-275.
 
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Information has been secured from sources we believe reliable, but we make no representations or warranties, expressed or implied, as to its accuracy. All references to age, square feet and expenses are approximate. Buyers should conduct their own investigations and rely on those results.

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