Active

240 20TH AVE S

SAINT PETERSBURG FL, 33705

$910,000


$560.69 per sqft

Active

2 Beds

4 Baths

1,623 sqft

Multi-family

Built in 1939

This quadruplex in the heart of the Old Southeast consists of two buildings with two units each, ample storage space and parking, a well-manicured front lawn and common area, and street and ally access. The front building holds two 1/1's, each with a separate entrance, and the back building holds two very large storage spaces on the first floor and two studios on the second. The back building grants access to each unit via two outdoor staircases, and a shared indoor staircase. All units have been well maintained and are rented to long term tenants at market rates, reducing the need to increase rents or negotiate new leases. Each unit has been meticulously well maintained, with a mix of refurbished hardwood floors and tile. The roof of the front building was replaced in 2023, and the pluming has been maintained and replaced as needed.

The property also sits on the brick lined streets of the Old Southeast, a quiet, upscale neighborhood just south of downtown, and within an easy walk to Lassing Park - a public waterfront park and beach. It is also only two miles from Downtown St. Pete, a mile from USF St Pete Campus, and two miles from Tropicana Field.

Nearby development includes the 4th Street Townhomes (10 residential units), Lake Maggiore Apartments (330 residential units), Coquina Key Plaza (456 residential units and 20,817 SF of retail), and the new Arc Invest headquarters that is kicking off St. Pete's new Innovation District along 4th Street.

With long term tenants in place, well maintained units, and market rents, this is a true turn-key St. Pete Multifamily investment.

U8252583

MLS ID

August 5, 2024

Listed

November 22, 2024

Updated

Map

240 20TH AVE S
SAINT PETERSBURG FL, 33705

Interior Features

Bedrooms

2


Total Bathrooms

4


Interior Features

Other


Laundry Description

None, Other


Fireplace

No


Cooling

Yes


Cooling Description

Wall/Window Unit(s)


Heating

Yes


Heating Description

Wall Units / Window Unit

Exterior/Building Features

Lot Size

0.16 Acres


Exterior Features

Courtyard, Garden, Sidewalk


Roof

Shingle


Sewer

Public Sewer

Other Property Details

Area Name

33705 - St Pete


Taxes

$5,136


Tax Frequency

Annually


Days on Market

79


Association Fee Frequency

Monthly


Garage

Yes


Garage Spaces

2


View

No


County

Pinellas


Municipality

31


Water Source

Public


Pool

No

Listed by BRIDGEWATER COMMERCIAL RE
Listing Contact: 813-541-4254 

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Data last updated 11/22/2024, 8:05 AM UTC

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