4601 Dr Martin Luther King Jr St., St Petersburg, FL 33703 - U8180178 - iPro Real Estate

For Sale

$795,000 $287.00 per sqft

Free Professional CMA

Listing ID : U8180178

  • Beds

    5
  • Garage

    2
  • Structure / Lot Size

    2,770 Sqft / 11,761 Sqft
  • Year

    1915

Description

The Allendale Terrace Apartments are true Value Add Multifamily Opportunity! This listing consists of three (3) 1 bed / 1 bath units and one (1) 2 bed / 2 bath unit, two single car garages, a storage shed, and a fenced in back yard. All units have been well maintained and are occupied by long term tenants currently paying below market rents. The property is located in one of the most desirable neighborhoods of St. Pete, located within a short distance of Fresh Kitchen, Publix, and a multitude of local restaurants. Easy access to 4th Street, Dr MLK Street, and 275 gives Tenants easy access to Tampa, Downtown St. Pete, and St. Pete Beach.

Details

Type: Multi-Family/Income Sale 
Subdivision: Arcadia Sub 
MLS Area: 33703 - St Pete 
County: Pinellas 
Tax ID: 06-31-17-01368-007-0050
Annual Taxes: $5,635
Days on Market: 490 
Attached Garage: Yes
Cooling: Central Air 
Exterior Features: Fenced 
Heating: Central 
Interior Features: Other 
Number of Buildings: 2 
Number of Units: 4 
Parking Spaces: 2 
Property Type: Commercial Sale 
Roof: Shingle 
Sub Type: Quadruplex 
Utilities: Other 

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27.814144 -82.646446 $795,000 U8180178
4601 Dr Martin Luther King Jr St., St Petersburg, FL 33703
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Listed by Davis Nunneley with BRIDGEWATER COMMERCIAL RE