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487 36th Avenue, Saint Petersburg, FL 33704

Multi-Family Home For Sale

487 36th Avenue, Saint Petersburg, FL 33704 House For Sale - MLS #T2871421
Off the Market
$220,000
Multi-Family
3 Family
This listing is courtesy of Thomas Buscemi from Bhhs Florida Properties Group

Property Description for 487 36th Avenue, Saint Petersburg, FL 33704

HUGE INVESTMENT opportunity in the HEART OF ST. PETE! Looking for a CASH COW property that PAYS FOR ITSELF? Well, look no further! This HIGH-YIELDING property consists of a main 2 bedroom, 1 bathroom home, which features a newly landscaped front yard, charming screened-in front porch, spacious living room, renovated kitchen with wood cabinets and granite counters, tile throughout for easy maintenance, an enclosed Florida Room in the rear and a side covered patio off the kitchen. Out back, you'll find the DETATCHED APARTMENT/mother-in-law suite. This space is divided into 2 rental properties- 1 bedroom/1bath apartment and a Studio apartment. Apartments are BLOCK and feature tile floors and a brand NEW ROOF! The beauty of this property is the flexibility and POTENTIAL it provides. All 3 spaces are tenant occupied. So, everything is already in place for you to just sit back and COLLECT RENT ($2500/mo. to be exact)! CAP RATE OF 9.4%! Another option in the future could be to live in the main house and rent out the apartment spaces to supplement your mortgage. Currently, the 2 apartments bring in over $1,000 per month! Don't let this RARE opportunity in one of the HOTTEST St. Pete neighborhoods pass you by! Conveniently located minutes to Downtown St. Pete, I275, Beaches, Tropicana Field and only blocks from all the new trendy bars/restaurants the 4th Street district has to offer! Schedule your showing today as this one will be gone soon! Move-In Ready and PRICED TO SELL!!

Interior Details

Dishwasher; Range; Refrigerator
Blinds/Shades; Smoke Alarms; Washer/Dryer Hookup

Exterior Details

0.13 acres
5,632 sq. ft.

Other Details

T2871421
1953
Electric; Public Sewer; Public Utilities; Street Lights
Bridgeway Add
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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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