EXCELLENT INVESTMENT OPPORTUNITY to acquire a 7 UNITS to Hold or for Individual Resale just steps off of the 4th St corridor in the sought after CRESCENT LAKE area of ST PETERSBURG proper!!! Comprising 7 FULLY OCCUPIED 1-Bedroom/1 Baths in an 8 unit condo property across 2 buildings on a large lot complete with off street parking, these homes are exceedingly walkable to all of the in demand destinations of downtown St Pete, the tennis and pickleball courts of gorgeous Crescent Lake, and the waterfront. These are high-demand products with balconies, patios and central AC, designed so that all are corner units - ideal for both our booming rental and sales markets, providing opportunities for multiple investment strategies with multiple exit options - the next owner can Buy and hold as a set, or sell off individually. With ON-SITE LAUNDRY, wood floors, updated units, fresh paint, FULLY SEPARATELY METERED FOR ELECTRIC all just steps off Crescent Lake and 4th Street all make this a TURN-KEY property for any investor on the spectrum, new or experienced. Located in a beautiful shaded neighborhood with mature landscaping and a great lifestyle these properties will be sure to provide SOLID, CONSISTENT CASH-FLOW and SIGNIFICANT UP-SIDE for the next owner regardless of strategy. This area is IN HIGH-DEMAND for rentals AND sales, and will remain that way for the foreseeable future as downtown ST PETE continues to boom! This NO-FLOOD ZONE property is in an IDEAL LOCATION for residents!! Walk to Crescent Lake, Central Ave, Beach Drive, and all of the excellent restaurants, shops and breweries, and ENTERTAINMENT, CULTURAL ATTRACTIONS and WATERFRONT PARKS that DOWNTOWN ST PETE is so rightly famous for!!! With easy access to the freeway it's also just a short drive to our amazing BEACHES or downtown Tampa - truly something for everyone. Don't wait - invest now in the future of St Pete!!! Pre-Contract Showings available when there are vacancies, walk-arounds welcome when there are not - contact today to schedule.
Listed by Adam Yore of RE/MAX PREFERRED (727-367-3636)

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Based on information submitted to StellarMLS as of June 16, 2024 . All data is obtained from various sources and has not been, and will not be, verified by broker or StellarMLS. 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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