BEDS5
BATHS
SQUARE FEET2,793
MLS#TB8559521
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONCENTRAL AVE HOMES
Property Description
Wow is the Word for this Completely Updated Tri-Plex! Great Cash Flow for this Block Construction Complex off Central Ave. and Close to Bus line. All 3 Units come with an Assigned Carport Space and an individual Storage room. On-Site Laundry Room also brings in additional Cash Flow. This complex has been exceptionally well maintained. Beautiful landscape and walkways plus plenty of parking. Here are the Specs: 2,793 SF heated, 4,344 SF under roof Triplex - 2/2, 2/1, 1/1. Upgrades in 2023: All new kitchen appliances 2023 in all units - side by side fridge with water and ice, range, hood, sinks, faucets and dishwasher, 2023 kitchen cabinet refresh and upgraded doors and paint. All bathroom's new tile, toilets, faucets and vanities. 2020 new hot water heaters, 2023 new interior paint, 2023 new exterior primer and paint. 2023 new gutters with leaf guard. 2023 commercial grade exterior epoxy on all exterior walkways, carport and stairs. 2023 new LVP heavy duty flooring. 2023 new ceiling fans. 2022/23 new hurricane windows and front doors on all units. 2023 new washer/dryer and digital programmable locks on laundry entrances. All serious Investors must show Proof of Funds or Pre-Approval letter to schedule a viewing of all 3 units because it is all fully rented and we don't want to disturb the tenants unless Buyer is very serious. The rents stated are Actual rents not Expected. High and Dry. No Flood Insurance Needed. Each unit has a separate electric meter.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Central, Electric
Lot Size: 0.11 Acres
Roof Type: Shingle
Taxes: $7,917
Year Built: 1971
Amenities
Ceiling Fans(s)
Walk-In Closet(s)
Balcony
Sidewalk
Feature Descriptions
Additional Rooms: Storage Rooms
Annual Net Income: 56366.00
Appliances: Dishwasher, Electric Water Heater, Ice Maker, Range, Range Hood, Refrigerator
Community Features: Street Lights
Directions: Go west on Central Ave. until you reach 51st Street, then turn left to address on right.
Exterior: Block, Stucco
Flood Zone Code: X
Flooring: Ceramic Tile, Luxury Vinyl
Foundation: Slab
Home Warranty Y/N: No
Lease Terms: Twelve Months
Listing Terms: Cash, Conventional
Lot: Sidewalk
Lot Dimensions: 0.11
Ownership: Fee Simple
Parking: Covered, Driveway, Guest, Off Street, On Street, Tandem
Parking Notes: Covered, Driveway, Guest, Off Street, On Street, Tandem
Patio/Porch: Covered, Front Porch
Property Attached Y/N: No
Property Sub-Type: Triplex
Security: Smoke Detector(s)
Sewer: Public Sewer
Showing Instructions: 24 Hour Notice, Listing Agent Must Accompany, Text List Agent, ShowingTime
Special Sale Provisions: None
Units: 3
Utilities: Electricity Connected, Public, Sewer Connected
Water: Public
Water Access Y/N: No
Zoning: CRT-1
Listed By / Shown By
Listed By
Agency Name: WALKER AND ASSOCIATES REALTY
Agency Contact: 727-776-5430
Shown By
Agency Title: Florida Executive Realty - FRE Commercial
Agency Phone: (813) 832-5400
Estimate Your Payment
Estimated Payment
$ 2,969.06 per month $2,041.73 Principal & Interest $659.75 Property Tax $267.58 Homeowner's InsuranceChange Payment Information
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5111 1st Avenue S | MLS# TB8559521
This multi-family property located at 5111 1st Avenue S, Saint Petersburg, FL 33707 is currently listed for sale with an asking price of $917,400. Search Saint Petersburg real estate on www.fercommercial.com today.