Description: Wonderful collection of cottages (and one house) that are easily managed and are a money maker. Occupancy is high and has been historically. The property is centrally located with good access to US-19 and I-275.
Brief Description: Profitable investment property made up of 5 cottages, 3 duplexes and one 3-2 house on a nicely laid out half acre± parcel. Easy to run and manage and a 20% Cap Rate.
• Located near the intersection of 50th Ave North and Haynes Rd.
• Very good historical occupancy.
• Rents are at or below market currently.
• No Owner financing is available.
• 20% Cap Rate.
• Perfect for the right owner.
Taxes & Fees
Tax Year: 2005
2595 50th Avenue N, St. Perersburg, FL, 33714-2550 United States$260,000