Home For Sale In Saint Petersburg, Florida

house for sale

Listed: 05/01/24

4625 Xenia St N, Saint Petersburg, Florida, 33714

9 Bed:

5 Bath:

2,158 Sq Ft Living Area:

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Price

$ 650,000

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About This House

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 … Full description

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Original listing