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2827 Dr Martin Luther King Jr Street, Saint Petersburg, FL 33704

Multi-Family Home For Sale

2827 Dr Martin Luther King Jr Street, Saint Petersburg, FL 33704 House For Sale - MLS #U7810625
$800,000
Multi-Family
5+ Family
10
This listing is courtesy of Daniel Huntington from Coldwell Banker Commercial Nrt

Property Description for 2827 Dr Martin Luther King Jr Street, Saint Petersburg, FL 33704

10 one bedroom one bath apartments. Building is in excellent condition with many upgrades to units. 16 parking spaces. Separate metered electric. Leases are under market with no long term leases in place. Plenty of upside to this property. Current owner has remodeled most of the units over the last several years. Roof is approximately 10 years old. Projected 8+ CAP with market rents.

Interior Details

Exterior Details

0.28 acres
12,092 sq. ft.
Open Parking

Other Details

U7810625
1973
City Water; Public Utilities
Florida Heights
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Monthly Mortgage Payments

$3,634
$5,061

Town Description

St. Petersburg (often shortened to St. Pete or The Burg) is a city in Pinellas County, Florida, United States long known as a vacation destination for both American and foreign tourists. As of 2008,...

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