St Petersburg, FL 33705,1026 12TH ST N
St Petersburg, FL 33705,1026 12TH ST N
St Petersburg, FL 33705,1026 12TH ST N
$850,000
Est. payment /mo
$875,000
2.9%
Est.Price: ?

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3,018 SqFt
SOLD DATE : 02/04/2022

Key Details

Sold Price $850,000

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 3,018 sqft

Price per Sqft $281

Subdivision Edina Garden Of Eden

MLS Listing ID U8136681

Sold Date 02/04/22

Construction Status Inspections

HOA Y/N No

Year Built 1925

Annual Tax Amount $4,928

Lot Size 6,098 Sqft

Acres 0.14

Lot Dimensions 50x122

Property Description

This is truly a unique apartment building, has been in the family since 1925 and are the original owners. The property is located within a short bike ride to downtown St. Pete’s waterfront and entertainment district. This six-unit complex has been very well maintained, two efficiencies and four 1 bedrooms. All buildings have been rewired to code with hard wired interconnected smoke detectors. New roofs as of January 2021. All sewer lines are replaced with PVC and cleanouts. All galvanized water lines have been replaced from the street meter to each unit along with shut-off valves. Fire extinguishers have been recertified. Laundry facility on premises along with large storage area. State licenses are current. Security lights along with Blink Security cameras outside in common areas. The owner has kept the rents low to avoid turnover. Rents could be much higher. Projected income, $86,700. Some tenants are long term. The water bill is evenly split between all six tenants, monthly. The neighborhood is historic in nature and is surrounded by new million dollar plus homes and very well-maintained historic properties. Short walking distance to St Anthony’s BayCare Hospital and the 4th Street restaurant district. The owner has taken pride in the property, and it shows.

Location

State FL

County Pinellas

Community Edina Garden Of Eden

Direction N

Interior

Cooling Central Air, Wall/Window Unit(s)

Exterior

Parking Features Parking Spaces - 13 to 18

Building

Story 2

Foundation Crawlspace

Lot Size Range 0 to less than 1/4

Structure Type Wood Frame

New Construction false

Construction Status Inspections

Others

Ownership Sole Proprietor

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

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Stellar MLS
Listed by COLDWELL BANKER RESIDENTIAL
Bought with COPELAND MORGAN LLC
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6175 NW 153rd St Suite 400, Lakes, FL, 33014

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