INCREASED REVENUE! REDUCED PRICE! OLD NORTHEAST APARTMENTS, BEHIND THE HISTORIC PALLADIUM THEATER. BUILDING HAS NEW ROOF (7/2017) WITH WARRANTY AND ACTIVE TERMITE POLICY IN PLACE. FULLY LEASED! Excellent opportunity to own an Investment/Income Producing Property in Historic Downtown St. Petersburg! Just Blocks from Beach Drive! The Main building faces 6th Ave and has 4 tenants. The highlight of this building is the upstairs apartment (Unit A) that was completely renovated with all new flooring, light fixtures, appliances, etc. in May 2014. At approx. 1600 sq ft, this unit boasts a beautiful sunroom, large deck, 2 large bedrooms, 2 bathrooms and laundry room. The downstairs of Building 1 has 3 additional tenants. Building 2 has 2 tenants and sits on the alley facing the Palladium on 5th Ave. N. Between the two buildings sits a lush courtyard with fish pond, great for relaxing outdoors. A privacy fence with secured gate access keeps the area nicely secluded and safe. All units are currently 100% leased. Onsite community laundry located in downstairs storage room, with coin operated washer/dryer, also generates additional income with split from contract???. Located on the beautiful brick streets of Old Northeast, a short distance from Beach Drive restaurants, museums, the historic Palladium Theatre, shopping, the beautiful Vinoy Resort and waterfront parks! Easy access to I-275 makes travel convenient and exactly where you want to be, right in the heart of downtown! Zoned NT-2* in City of St. Petersburg.
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*Data Updated 02 23 2018
MLS Office ID: 260030671
Lipply Real Estate Company
3302 Alternate 19 North, Suite A
Palm Harbor, FL 34683
Toll Free: 888-423-5775
WHAT OUR CUSTOMERS HAVE TO SAY
We are an Accredited Business with the BBB since 2006 and maintain an A+ Rating visit Better Business Bureau. "In a field that can greatly disappoint the user, Lipply Real Estate is uncommonly good at delivering on what they promise to their clients.
-Better Business Bureau
A consistent 5 star rating of high customer service. Check out our Google+ Business Page. "We had experiences with other agents during our 1-year search for a waterfront home in New Port Richey but there was no comparison in the service you provided.
We earned the 2016 Super Service Award from Angie’s List. The Award reflects consistent high levels of customer service. Check our reviews at AngiesList.com. "Truthful, honesty, punctuality and excellent knowledge of the area are some of the qualities that set them apart.