Fully gut-renovated income-producing quadplex in the heart of St. Petersburg, featuring four turnkey units and located just minutes from downtown. This high-quality renovation includes a new roof installed in 2020, fresh exterior paint, and extensive interior upgrades throughout the building.
Each unit offers in-unit laundry connections, modern kitchens with shaker-style cabinets,… Read More quartz countertops, and stainless steel appliances. The bathrooms have been fully remodeled with tiled showers, new vanities, and sleek modern fixtures. Interior upgrades also include new waterproof luxury vinyl plank flooring, all new trim, and baseboards for a clean, updated finish. Please reach out to 518-414-0388 with any questions.
The quadplex layout consists of four 2 bedroom / 1 bathroom units with the following rental amounts:
Unit 1: $1,650/month
Unit 2: $1,650/month
Unit 3: $1,895/month
Unit 4: $1,562/month
Current rental income totals $6,757/month ($81,084 annually). Based on the current HUD Fair Market Rent of $2,130/month for 2-bedroom unit in this ZIP code, the property has the potential to generate $8,520/month ($102,240 annually), representing an upside of $1,908/month ($22,896 annually).
Located in a prime corridor within the City of St. Petersburg, this property benefits from strong tenant demand, steady appreciation, and proximity to dining, entertainment, and major employment centers.
Perfect for investors seeking cash flow and long-term appreciation or an owner-occupant looking to offset housing costs. No hurricane damage from both storms (Milton & Helene). Motivated seller — don’t miss out on this fully updated opportunity. Read Less
Courtesy of MPGFL TAMPA LLC 631-356-5697
Listing Snapshot
Days Online
0
Last Updated
Property Type
Quadruplex
Beds
8
Square Ft.
2,128
Lot Size
0.11 Acres
Year Built
1927
MLS Number
TB8524207
Additional Details
Property Access
Road Surface: Asphalt, Concrete
Appliances & Equipment
Other equipment: Private Entrance
Building
Built in 1927, Living area: 2128, Living area units: Square Feet, Construction Materials: Stucco, Frame
Cooling
Wall/Window Unit(s)
Exterior Features
Private Entrance, Sidewalk
Foundation
Slab
Heating
Electric
Interior Features
Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan
Laundry
Laundry Closet
Lot
0.11 acres, Dimensions: 50x101
Roof
Shingle
Sewer
Public Sewer
Taxes
Additional parcels description:, Parcel Number: 25-31-16-50022-000-0210, Public Survey Range: 16, Public Survey Section: 25, Annual Amount: $8,764.66, Tax Block: 000, Tax Book Number: 8-10, Legal Description: LA PLAZA LOT 21, Lot: 21, Year: 2025
Utilities
Electricity Connected, Sewer Connected, Water Connected, Water Source: Public
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