725 8th Street North
725 8th Street North
$888,000
—
4,559
4,559
$195
Sold 2/18/21
Description
Here it is, an investment opportunity that stands out from the crowd! 8 units split between 2 buildings on a quiet lush green street in the heart of Historic Uptown. The first building, which faces the street, is a 4/3 bungalow which has been very well maintained over the years. The second building, separated by a courtyard, is a three story, 7-unit apartment building. The apartment building is comprised of 5: 1bed/1bath efficiencies, 1: full 1bed/1bath unit, and 1: 2bed/1bath on the top floor which...Here it is, an investment opportunity that stands out from the crowd! 8 units split between 2 buildings on a quiet lush green street in the heart of Historic Uptown. The first building, which faces the street, is a 4/3 bungalow which has been very well maintained over the years. The second building, separated by a courtyard, is a three story, 7-unit apartment building. The apartment building is comprised of 5: 1bed/1bath efficiencies, 1: full 1bed/1bath unit, and 1: 2bed/1bath on the top floor which has been recently updated with NEW BAMBOO FLOORING and NEW BATHROOM TILE. All units are fully rented. Each unit is separately metered for electric. Both buildings have had their electric/plumbing updated, as well as new (2018) A/C in the main house. Main house has a NEW ROOF installed SEPTEMBER 2020 and back building will be receiving a NEW ROOF PRIOR TO SALE. Home was tented for termites August 2020 with a year warranty. This property has an NOI of $62,472 with potential to be raised by bringing all units to market rent as well as space to add shared laundry in the back of the apartment building for extra income. This is a turn-key rental located just 1.5 miles from Vinoy Park and just 1 mile North of Central Ave. Highly desirable location with great tenants, no vacancies here! Finances in attachments.
- Listed by Marvin Kelta • SELLSTATE LEGACY REALTY
Property Details for 725 8th Street North
Subdivision Name
KINYON & WOODS ADD
Township31
WaterfrontNo
Location
LISTING UPDATED: 02/19/2021 04:28 PM
Property Details for 725 8th Street North
Status | Sold |
---|---|
MLS # | T3265404 |
Days on Market | 89 |
Taxes | $7,558 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income / Multi-Family |
Year Built | 1926 |
Lot Size | 0.13 AC / 5,767 SF |
County | Pinellas County |
Location
Building Information for 725 8th Street North
Stories-Residences8Year Built1926Building Size-Lot Size0.13 AC / 5,767 SF
Payment Calculator
$5,476 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 725 8th Street North
Property History for 725 8th Street North
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 725 8th Street North
Taxable ValueLand-Additions-Total-
Tax Record2023$17,246 ($1,437 / month)
Home Facts
Baths10Total Finished SqFt1,442 SqFtAbove Grade Finished SqFt1,442 SqFtStories1Lot Size5,767 SqFtStyleMulti-Family Res (5+ Units)Year Built1926Year Renovated1996CountyPINELLASAPN18-31-17-46836-002-0140
Schools near 725 8th Street North
This home is within Pinellas.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Charter - | 9 to 12 |
Rating | School | Distance |
---|---|---|
North Shore Elementary School PublicK to 5 | ||
John Hopkins Middle School Public6 to 8 | ||
St. Petersburg High School Public9 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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