Crescent Heights Mid Century Modern Multi-Family

Price Improvement for quick sale- A rare opportunity to buy a fully furnished multifamily property in the Crescent Heights neighborhood with a cap rate of above 7%. This property is in one of the highly desirable areas in Downtown St. Pete, and is within the walking distance to many shops, restaurants Trader Joe’s, Fresh Market, Crescent Lake Park, Tampa Bay, and Saint Pete Pier and Marina. Only minutes away from the beautiful downtown St. Pete, you will have the benefits of being close to all that the vibrant and lively downtown has to offer. This unique Mid Century style architecture home is located in a large corner lot (50×129) with two separate driveways and additional space for a pool. This Income-producing property has two separate buildings, and in total, there are 4 bedrooms, 3 bathrooms, 2 kitchens, 1 kitchenette, 3 living rooms, and 2 dining rooms. The main home is 3bed-2bath including a Studio with kitchenette and large bath. The cottage is 600sf and 1 bed- 1 bath. Gas Stoves This home is perfect for a family who would like to live in one part of the building while renting out the other part and still maintaining their complete privacy. The buildings are completely detached and have two separate entrances from two different streets. You must see this exceptional building to truly appreciate it!

Details

Property ID
444351

4
Bedrooms

3
Bathrooms

Square Footage
1486

Lot Size
0.15

Year Built
1957

Style
Mid-Century Modern

Property Website