4625 Xenia Street North
4625 Xenia Street North
St. Petersburg, FL 33714
$650,000
Price
—
Beds
2,158 Sq. Ft.
$301 / Sq. Ft.
2,158
Sq. Ft.
$301
per Sq. Ft.
Virtual Tour
Virtual Tour
Description
Welcome to your next income-producing investment opportunity! This property presents an exceptional chance to secure a steady return with an impressive 11% Cap Rate post-operating expenses. Comprising two units on a single lot, this investment gem offers versatility and stability. The primary unit boasts a spacious layout featuring 5 bedrooms and 3 bathrooms, while the secondary unit offers 4 bedrooms and 2 bathrooms. Currently operating under a group living model, the property is fully stabilized...Welcome to your next income-producing investment opportunity! This property presents an exceptional chance to secure a steady return with an impressive 11% Cap Rate post-operating expenses. Comprising two units on a single lot, this investment gem offers versatility and stability. The primary unit boasts a spacious layout featuring 5 bedrooms and 3 bathrooms, while the secondary unit offers 4 bedrooms and 2 bathrooms. Currently operating under a group living model, the property is fully stabilized with a 100% occupancy rate. Each occupant enjoys the luxury of their own individual sleeping quarters equipped with a TV, promoting privacy and comfort. Common areas include well-appointed kitchen and laundry spaces, fostering a sense of community among tenants. TWO other buildings adjacent are also available for purchase-each also with a 11% cap rate. Recently renovated to the highest standards, this property exudes modern elegance and functionality. Highlights of the renovation include premium vinyl flooring, sleek stainless steel appliances, luxurious quartz countertops, glass shower enclosures, and the convenience of in-unit washer/dryer setups. Furthermore, the units come fully furnished, complete with TVs, ensuring an attractive offering for tenants seeking convenience and style. This investment opportunity is tailored for passive income seekers, with streamlined management processes in place for your peace of mind. An online booking platform facilitates tenant reservations, while an experienced management company handles all on-the-ground operations, from maintenance requests to tenant inquiries. With a robust Cap Rate of 11%, this investment is not only lucrative but also inclusive of all associated fees. From Padsplit marketing and portal expenses to on-the-ground management services, utilities (including WiFi), taxes, and insurance – everything is comprehensively covered. Don't miss out on this turnkey investment opportunity offering both exceptional returns and hassle-free management. Take advantage of the potential for long-term financial growth and schedule your viewing today!
- Listed by Thomas "TJ" Homan, Jr • HOMAN REALTY GROUP INC
Property Details for 4625 Xenia Street North
Subdivision Name
LAKESIDE SUB
Township31
WaterfrontNo
Location
Listing Courtesy of HOMAN REALTY GROUP INC, Thomas "TJ" Homan, Jr
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LISTING UPDATED: 05/06/2024 02:25 PM
Property Details for 4625 Xenia Street North
| Status | Active |
|---|---|
| MLS # | T3522135 |
| Days on Market | 13 |
| Taxes | $4,284 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income / Multi-Family |
| Year Built | 1953 |
| Lot Size | 0.14 AC / 6,212 SF |
| County | Pinellas County |
Location
Listing Courtesy of HOMAN REALTY GROUP INC, Thomas "TJ" Homan, Jr
Add your commute
Virtual Tour
Building Information for 4625 Xenia Street North
Stories-Residences9Year Built1953Building Size-Lot Size0.14 AC / 6,212 SF
Payment Calculator
$3,904 per month
30 year fixed, 7.25% Interest
Principal and Interest
$3,547
Property Taxes
$357
HOA Dues
$0
The Payment Calculator is for illustrative purposes only.
Property Information for 4625 Xenia Street North
Summary
Location and General Information
- Building Area Source: Public Records
- Building Area Total: 3666.0
- Building Area Units: Square Feet
- Directions: Take the exit toward St Petersburg onto I-275 S (SR-93). Go for 13.3 mi. Then 13.3 miles Take exit 26 toward 54th Ave N/Kenneth City/US-19/Lealman onto 54th Ave N. Go for 0.5 mi. Then 0.5 miles Turn left onto Haines Rd N (SR-689). Go for 0.3 mi. Then 0.3 miles Turn right onto 24th St N. Go for 0.3 mi. Then 0.3 miles Turn right onto 46th Ave N. Go for 223 ft. Then 0.04 miles Turn right onto Xenia St N. Go for 203 ft. Then 0.04 miles 4625 Xenia St N St Petersburg, FL 33714-3210
- Mls Major Change Type: New Listing
- Major Change Type: New Listing
- Listing Service: Full Service
- Senior Community: No
- Unit Number: No
- Street Number: 4625
- Street Name: XENIA
- Street Suffix: STREET
- Street Direction Suffix: N
- State: FL
- City: SAINT PETERSBURG
Parking
- Carport: No
- Garage: No
Taxes and HOA Information
- Association: No
- CDD: No
- Tax Block: 1
- Tax Book Number: 9-135
- Tax Legal Description: LAKESIDE SUB BLK 1, LOT 23 & S 1/2 OF LOT 22
- Tax Lot: 23
- Tax Year: 2023
Virtual Tour
- Virtual Tour URL Branded: https://my.matterport.com/show/?m=bQcRqNLiVVP&brand=0&mls=1&
- Virtual Tour URL Unbranded: https://my.matterport.com/show/?m=bQcRqNLiVVP&brand=0&mls=1&
Property
Lot Information
- Additional Parcels: No
- Parcel Number: 02-31-16-48636-001-0230
- Total Acreage: 0 to less than 1/4
- Total Num Buildings: 2
- Water Access: No
- Water Extras: No
- Zoning: R-3
- Living Area: 2158
Property and Assessments
- Year Built Numeric: 1953
- Flood Zone Code: A
- Flood Zone Date: 08-24-2021
- Flood Zone Panel: 12103C0208J
- New Construction: No
- Public Survey Range: 16
- Public Survey Section: 02
- Dock YN: No
Utilities
- Sewer: Public Sewer
- Utilities: Cable Connected, Electricity Connected, Sewer Connected
- Water Source: Public
Interior and Exterior Features
Exterior Features
- Construction Materials: Wood Frame
- Exterior Features: Fenced
- Foundation Details: Slab
- Levels: One
- Pool Private: No
- Pool: None
- Pool Private: No
- Roof: Shingle
- Waterfront Feet Total: 0
Interior Features
- Bedrooms Total: 0
- Additional Rooms: Inside Utility
- Appliances: Dryer, Microwave, Range, Washer
- Cooling: Central Air
- Fireplace: No
- Flooring: Ceramic Tile, Luxury Vinyl
- Heating: Central
- Interior Features: Eating Space In Kitchen
- Laundry Features: Common Area
- Living Area Source: Public Records
- Living Area Units: Square Feet
- Water View: No
Multi Family
Multi-Family Information
- Annual Expenses: $30,186
- Annual Net Income: $70,434.00
- Gross Income: $100,620
- Unit Count: 2
Unit 1
- Unit Type Baths Total 1: 2
- Unit Type Beds Total 1: 4
- Unit Type Type 1: 4+ Bed/2+ Bath
Unit 2
- Unit Type Baths Total 2: 3
- Unit Type Beds Total 2: 5
- Unit Type Type 2: 4 Bedroom Or More
Property History for 4625 Xenia Street North
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 4625 Xenia Street North
Taxable ValueLand-Additions-Total-
Tax Record2023$4,284 ($357 / month)
Home Facts
Beds0Baths3Total Finished SqFt2,012 SqFtAbove Grade Finished SqFt2,012 SqFtStories1Lot Size6,212 SqFtStyleSingle Family ResidenceYear Built1953Year Renovated1978CountyPINELLASAPN02-31-16-48636-001-0230
Schools near 4625 Xenia Street North
This home is within Pinellas.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 5 | |||
| Public - | PK to 12 | |||
| Public - | 6 to 8 | |||
| Public - | 5 to 12 |
Rating | School | Distance |
|---|---|---|
Lealman Avenue Elementary School PublicPK to 5 | ||
Northeast High School PublicPK to 12 | ||
Meadowlawn Middle School Public6 to 8 | ||
Lealman Intermediate School Public5 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of HOMAN REALTY GROUP INC, Thomas "TJ" Homan, Jr
The information being provided by MFRMLS and Daytona Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of MFRMLS or Daytona Multiple Listing Service. Real estate listings held by brokerage firms other than this site owner are marked with the IDX/MLS logo. Information deemed reliable but is not guaranteed accurate by MFRMLS or Daytona Multiple Listing Service. Last updated: 05/06/2024 02:25 PM
