Century 21 Jim White & Assoc.
Demetria Z. (Deme) Brown, Century 21 Jim White & Assoc.Phone: (714) 296-4136
Email: [email protected]
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listing
1 of 19
Residential IncomeFor Sale
$1,649,000
2025 7th Street S
Saint Petersburg, FL 33705
Listed by: Premier Portfolio Intl Realty, (727) 301-5827
MLS: Stellar MLS
11Beds
9Baths
4,632Sq Ft
Est. Mortgage
$8,612/mo

INCREDIBLE CASH-FLOWING PROPERTY !!!! OWNER FINANCING AVAILABLE AT A GREAT INTEREST RATE !!! *8-Unit Multifamily Investment Opportunity in Downtown St. Petersburg!* *Location:* Just minutes from downtown St. Petersburg, this property offers unparalleled access to the city's vibrant amenities, attractions, and employment opportunities. *Property Highlights:* - 8 spacious units full updated in 2021/2022 (6 units 1 bed , 1 unit 2 beds , 1 unit 3 beds 2 baths) - 11 bedrooms and 9 bathrooms. - Gated front and back yards provide privacy and security - On-site laundry room for added convenience - Beautifully landscaped grounds with ample parking - Strong income potential with most tenants under housing authority programs -800sqft storage on site not cash-flowing at the moment (you can get extra money on renting it. $500/600 monthly even more if you split it) or convert it in extra bedrooms , it is already considered heated sqft. *Financial Highlights:* - Monthly income $13,420 - Gross Annual Income: $161,020+ - Net Operating Income (NOI): $123,900+ - Cap Rate: 7.3 % - Average Rent per Unit: $1,677 OWNER FINANCING AVAILABLE AT A GREAT INTEREST RATE !!! *Additional Features:* - Individual unit meters for electricity and water - Security cameras and motion-sensitive lighting - Close proximity to public transportation, shopping, and dining *Don't miss out on this exceptional opportunity to own a cash-flowing multifamily property in one of St. Petersburg's most growing neighborhoods next to Downtown!*

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