719 20th Ave S, St Petersburg, FL 33705
Listing Agent: Troy Spivey
Four-plex investment property, each unit has window Ac’s, tile or terrazzo throughout, it has two 1 bedroom 1 bath units and two efficiencies located in South St. Pete in a quiet neighborhood near schools, bus line, recreation center and approx 15 blocks to downtown St. Pete. Total living space is 1854 square feet. Roof was replaced April 2018. The front 1 bedroom unit 1 rents for $800.00 per month, unit 2 efficiency is $575.00 per month, unit 3 efficiency is $650 per month and unit 4 one bedroom is $900.00 per month, gross monthly income is $2,925.00 x 12 months = $35,100.00, approx annual expenses are $12,000 for a net of approx, $23,100.00. All utilities are included with the rent. Some rents are below market and could be increased. With accepted offer, and POF the units can be inspected during the five day inspection period.