5050 74th Street N
Brokerage Office: 352-629-6883
5050 74th Street N, SAINT PETERSBURG, FL 33709
Contact Pretty Penny Properties Inc
Schedule A Showing
Request More Information
- MLS#: TB8302468 ( Residential )
- Street Address: 5050 74th Street N
- Viewed: 6
- Price: $975,000
- Price sqft: $286
- Waterfront: Yes
- Wateraccess: Yes
- Waterfront Type: Canal - Saltwater
- Year Built: 1980
- Bldg sqft: 3409
- Bedrooms: 9
- Total Baths: 6
- Full Baths: 6
- Days On Market: 101
- Additional Information
- Geolocation: 27.8179 / -82.7414
- County: PINELLAS
- City: SAINT PETERSBURG
- Zipcode: 33709
- Subdivision: Distlfpw Sectwnrngmersec 06 Tw
- Provided by: LPT REALTY
- Contact: Steven Sallo
- 877-366-2213
- DMCA Notice
-
DescriptionZero damage from either hurricane!!! Phenomenal multi unit investment opportunity with 6 units priced for an immediate sale in a great st. Pete neighborhood with water views!!!! Fully occupied cash generating investment property!!! 3 two bedrooms 1 bath 2 studio 1 one bed one bath, fully occupied currently, opportunity to renovate units and raise rents. $1,300 $1,560 $1,500 $950 $1,000 $1,000 total: $7,310 per month $87,720 total income per year expenses: $250 per month for water garbage pickup $94 per month $4,128 annually taxes $6,800 annually insurance $4,103 annually, never flooded in the last 20 years! Total expenses annually : $15,031 net annual profit roughly: $72,689 opportunity for laundry in the back, no laundry onsite currently, could be income producing laundry building onsite to be built as adu type building. Upgraded plumbing 4 years ago upgraded electrical 4 years ago air condition 4 years old central air 8% cap rate with opportunity to boost to 9 10% cap rate with rent raise and laundry area addition.
Property Location and Similar Properties
Property Features
Waterfront Description
- Canal - Saltwater
Appliances
- Convection Oven
- Refrigerator
Home Owners Association Fee
- 0.00
Carport Spaces
- 0.00
Close Date
- 0000-00-00
Cooling
- Central Air
Country
- US
Covered Spaces
- 0.00
Exterior Features
- Lighting
- Other
Flooring
- Tile
Garage Spaces
- 0.00
Heating
- Central
Interior Features
- Other
Legal Description
- PART OF NW 1/4 OF NW 1/4 OF SEC 6-31-16 DESC FROM SE COR OF NW 1/4 OF NW 1/4 OF SEC TH N00D47'45"E 160.08FT FOR POB TH N89D45'10"W 142.63FT TO E'LY R/W OF JOE'S CREEK TH CUR RT RAD 1198.57FT ARC 101.4FT CB N14D33'35"W 101.37FT TH S89D45'10"E 169.48FT TH S00D47'45"W 98FT TO POB
Levels
- One
Living Area
- 3409.00
Area Major
- 33709 - St Pete/Kenneth City
Net Operating Income
- 0.00
Occupant Type
- Owner
Parcel Number
- 06-31-16-00000-220-1700
Property Type
- Residential
Roof
- Shingle
Sewer
- Public Sewer
Tax Year
- 2023
Township
- 31
Utilities
- BB/HS Internet Available
- Cable Available
- Cable Connected
- Electricity Available
- Electricity Connected
- Water Available
- Water Connected
View
- Water
Virtual Tour Url
- https://www.propertypanorama.com/instaview/stellar/TB8302468
Water Source
- Public
Year Built
- 1980
Zoning Code
- R-4
- Every PENNY matters, Get Your PENNY's Worth From Today's Real Estate Market