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Northeast Park - 13 units on .5 acre
435 - 465 39th Ave. N., Saint Petersburg, FL 33703
13 Units | Multifamily
front view from 39th Ave. N.
Multifamily Property - Off Market
- No. Units:
- Building Size:
- 7,815 SF
- Property Type:
- Property Sub-type:
- Property Use Type:
- Commission Split:
- Cap Rate:
- Gross Rent Multiplier:
- Year Built:
- Lot Size:
- 0.50 AC
- Listing ID
- Last Updated
- over 1 year ago
- Great area, close to everything! - Shopping, dining, banking, entertainment, recreation
- 5 minute drive to downtown, 15 minutes to Tampa via I-275 or Gandy Blvd, 20 minutes to Sarasota
- Many long term tenants
- Easy to operate w/ good cash flow - Possible owner occupied investment!
- Assumable bank financing (2.63%) to qualified buyer w/ 1% fee.
- Additional Bonus! - Redevelopement opportunity w/ no impact fees
"Assumable finanancing", Turn-key operating 13 units, consisting of: 1 single family w/detached garage, 3-units w/garage & laundry room, 5-units & 4-units all on 4 city lots (approx. 1/2 acre). Zoning is grandfathered for future development of 13 units, maximum 3 stories (32') construction. Easy to operate, managed by owner, many long term tenants.
Great convenient location, Northeast Shopping Center (38th Ave N & 4th St N) close to everything! Walking distance to Arby's, Burger King, McDonald's, Publix, Walgreen's, CVS, Fresh Market, Hooters, Gold's Gym, most major banks, popular restaurants & busline. Minutes to Downtown, Tampa Bay waterfront, I-275 & Gandy Blvd to Tampa.
Map of 435 - 465 39th Ave. N., Saint Petersburg, FL 33703 (Pinellas County)
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The information above has
been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified
it and make no guarantee, warranty or representation about it. It is your responsibility to independently
confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are
for example only and do not represent the current or future performance of the property. The value of
this transaction to you depends on tax and other factors which should be evaluated by your tax, financial,
and legal advisors. You and your advisors should conduct a careful, independent investigation of the
property to determine to your satisfaction the suitability of the property for your needs. TB-P