Property Description
Under contract-accepting backup offers. Prime investment opportunity in the highly desirable Old Northeast neighborhood of St. Petersburg. Located at 209 12th Ave N, this well-positioned quadplex features four rentable units, all currently occupied, providing immediate income for the next owner. Lots of room to improve the monthly income, with adjusting rents to current market rates! The property is situated just minutes from vibrant downtown St. Pete, waterfront parks, shopping, dining, and cultural attractions. Nestled on a quiet, tree-lined street, this classic Old Northeast location continues to attract strong tenant demand. Ideal for 1031 exchange buyers seeking a seamless transition into a stabilized, income-producing asset, as well as portfolio investors looking to expand holdings in a proven rental market. With consistent occupancy and a premier location in one of St. Petersburg's most sought-after neighborhoods, this property offers long-term appreciation potential and reliable cash flow.
Property Features
Amenities
Feature Descriptions
Listed By / Shown By
Listed By
Agency Name: PARK PROPERTY GROUP
Agency Contact: 727-216-6591
Shown By
Agent Name: Laura Brannen
Agent Phone: (904) 422-5735
Agency Title: Watson Realty Corp., REALTORS ®
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Estimated Payment
$ 5,886.00 per month $4,713.61 Principal & Interest $895.33 Property Tax $277.05 Homeowner's InsuranceChange Payment Information
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209 12th Avenue N | MLS# TB8463738
This multi-family property located at 209 12th Avenue N, Saint Petersburg, FL 33704 is currently listed for sale with an asking price of $949,900. Search Saint Petersburg real estate on www.laurabrannen.com today.