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    316 8TH Avenue NE

    St Petersburg, FL 33701
    • $1,325,000
    • STATUS: Active
    • ON SITE: 16 days
    • MLS #: U8104233
    UPDATED: 68 min ago
    $1,325,000
    • 0
      BEDS
    • 0.18
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,329
      SQFT
    • $306
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1940
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:

    Description

    Look no further, this fantastic income property in the heart of Old Northeast is exactly what youre looking for! Just steps from DTSP and Vinoy Park, the location could not be better and with multifamily land use the possibilities are endless. The massive 3,627 square foot main house consists of six bedrooms and 4 baths currently bringing in $4,425 per month. Walking inside you will see the living room on the right, and the large bedroom with ensuite bath on the left. The updated kitchen with granite countertops and breakfast nook are located beyond the living room. Continue to the back where there is a half bath and laundry room. Narrow plank hardwood floors and a grand staircase give a nod to this homes original 1940s character. Upstairs you will find another large bedroom with ensuite bathroom, two more bedrooms and a full bath. But wait, theres more! Keep walking up to the third floor and there are two more bedrooms and another full bath. Out back is a large courtyard with plenty of shade trees and space for entertaining. On the back of this very large lot is another 2 bed, 1 bath unit with central AC, which is rented for $1,700 per month which brings the grand total to $6,125/month or $73,500/year! Plenty of storage space can be found in the separate 1 car garage, 1 car carport and 2 car garage. The large garage includes a second laundry space and might even be converted to another rental unit. This excellent property has been well-maintained and includes a newer ROOF (2015), newer WINDOWS (2016) and has been very significantly UPDATED in the last 3 years! Move your family into this beautiful neighborhood or sit back and collect that income, the choice is yours. Either way, this home will not last, schedule your showing today! (Current zoning is 0810: Single family with more than one house per parcel and current land use is multifamily. Net annual income is estimated).

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    © 2020 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2020-11-26T23:40:09.757.
    www.memoryhopkinsrealestate.com/homes/111752745
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    316 8TH Avenue NE St Petersburg, FL 33701

    • Price: $1,325,000
    • Status: Active
    • Updated: 68 min ago
    • MLS #: U8104233
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.18
    Acres
    4,329
    SQFT
    $306
    $/SQFT
    1940
    Built
    Neighborhood:
    Bay Shore Rev
    County:
    Pinellas
    Area:
    St Pete
    Elementary School:
    North Shore Elementary-PN
    Middle School:
    John Hopkins Middle-Pn
    High School:
    St. Petersburg High-Pn
    Property Description
    Look no further, this fantastic income property in the heart of Old Northeast is exactly what youre looking for! Just steps from DTSP and Vinoy Park, the location could not be better and with multifamily land use the possibilities are endless. The massive 3,627 square foot main house consists of six bedrooms and 4 baths currently bringing in $4,425 per month. Walking inside you will see the living room on the right, and the large bedroom with ensuite bath on the left. The updated kitchen with granite countertops and breakfast nook are located beyond the living room. Continue to the back where there is a half bath and laundry room. Narrow plank hardwood floors and a grand staircase give a nod to this homes original 1940s character. Upstairs you will find another large bedroom with ensuite bathroom, two more bedrooms and a full bath. But wait, theres more! Keep walking up to the third floor and there are two more bedrooms and another full bath. Out back is a large courtyard with plenty of shade trees and space for entertaining. On the back of this very large lot is another 2 bed, 1 bath unit with central AC, which is rented for $1,700 per month which brings the grand total to $6,125/month or $73,500/year! Plenty of storage space can be found in the separate 1 car garage, 1 car carport and 2 car garage. The large garage includes a second laundry space and might even be converted to another rental unit. This excellent property has been well-maintained and includes a newer ROOF (2015), newer WINDOWS (2016) and has been very significantly UPDATED in the last 3 years! Move your family into this beautiful neighborhood or sit back and collect that income, the choice is yours. Either way, this home will not last, schedule your showing today! (Current zoning is 0810: Single family with more than one house per parcel and current land use is multifamily. Net annual income is estimated).
    Exterior Features

    Attached Garage Yn Yes Carport Spaces 1 Carport Yn Yes Construction Materials BlockVinyl SidingWood Frame Exterior Features BalconyFencedSidewalkStorage Foundation Details Slab Lot Size Dimensions 60X127 Pool Private Yn No Roof OtherShingle Water Access Yn No Water Extras Yn No Waterfront Feet Total 0 Waterfront Yn No

    Interior Features

    Additional Rooms Breakfast Room Separate Appliances DishwasherDryerRangeRefrigeratorWasher Cooling Central AirWall/Window Unit(S) Fireplace Yn Yes Heating CentralWall Units / Window Unit Levels Three Or More Sewer Public Sewer Water Source Public

    Property Features

    Additional Parcels Yn No Annual Net Income 52000.00 Association Yn No Cdd Yn No Flood Zone Code X Garage Yn Yes Homestead Yn No Listing Terms CashConventionalFhaVa Loan New Construction Yn No Property Sub Type Duplex Senior Community Yn No Special Listing Conditions None Tax Annual Amount 15671.08 Tax Year 2019 Total Num Buildings 2 Utilities Public


    Listing information © 2020 My Florida Regional MLS DBA Stellar MLS..
    Listing provided courtesy of Realean Evolve Real Estate.



    © 2020 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2020-11-26T23:40:09.757.
     
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