1026 12th Street NSt Petersburg, FL 33705MLS Number U8136681

  • Price: $825,000
  • 7 Days on Market
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Federal 30-year interest rate: 2.86% last updated on Sep 16, 2021
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1026 12th Street N St Petersburg FL 337051026 12th Street N St Petersburg FL 337051026 12th Street N St Petersburg FL 337051026 12th Street N St Petersburg FL 337051026 12th Street N St Petersburg FL 337051026 12th Street N St Petersburg FL 337051026 12th Street N St Petersburg FL 337051026 12th Street N St Petersburg FL 337051026 12th Street N St Petersburg FL 337051026 12th Street N St Petersburg FL 337051026 12th Street N St Petersburg FL 337051026 12th Street N St Petersburg FL 337051026 12th Street N St Petersburg FL 337051026 12th Street N St Petersburg FL 33705
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  • 4,289Square Feet
  • 0.14Acreage
  • 1925Year Built
  • ActiveMls Status
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. Current income $56,400. Rents could be much higher. Projected income, $86,700. Some tenants are long term. All leases are month to month. 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. All units are currently rented.
Listed by Sandy Ewing, Jr of COLDWELL BANKER RESIDENTIAL

Driving Directions

Taylormade Properties, Inc.
Taylormade Properties, Inc.
9658 W. Linebaugh Ave.
Tampa, FL 33626

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More Info

Location Information

  • Road FrontageCity Street

Parking

  • Parking Features 13 to 18 Spaces

Location

  • Address1026 12th Street N
  • AreaSt Pete
  • Building Number1026
  • CountyPinellas
  • Directions 16th st no to 11th ave north, east on 11th ave north to 12th street north. South on 12th street north (1 way street). Property on west side of street.
  • StateFL
  • Street12th
  • SubdivisionEdina Garden Of Eden
  • TownSt Petersburg
  • Township 31
  • Zip33705

Basic Information

  • List Price$825,000
  • MLS NumberU8136681
  • Mls Status Active
  • StatusACT

Building

  • Building Area Source Public Records
  • Garage Spaces
  • Stories2
  • Year Built1925

Property Information

  • Acreage0.14
  • Construction Materials Wood Frame
  • Lot Size Dimensions 50x122
  • Lot Size Square Feet 6,090
  • MFR Total Acreage 0 to less than 1/4
  • Square Feet4,289

Other

  • Date Listed09/14/2021
  • Gross Scheduled Income $56,400
  • MFR Annual Income Type Actual
  • MFR Flood Zone Code non ev

Tax Information

  • Tax Year 2020
  • Taxes$4,928

Basic Information

  • Property SubTypeMulti-Family
  • Virtual TourView Tour

Property

  • Living Area 3018

Utilities

  • Cooling Central Air, Wall/Window Unit(s)
  • Electric Separate Meters

Amenities

  • Other AmenitiesWaterfront

Water Body

  • MFR Water Access YN No
  • MFR Water View YN No
  • Waterfront YN No

Based on information submitted to MFRMLS as of September 21, 2021 . All data is obtained from various sources and has not been, and will not be, verified by broker or MFRMLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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