424 2nd Street N, St. Petersburg, FL, 33701 United States
  • Sold
  • Hotel / Motel
  • Sold

424 2nd Street N St. Petersburg, FL, 33701 United States Get directions

$400,000
  • Age50 Years
  • Parking Street car garage
  • Area Pinellas County
  • Listed 9 Years 3 Months 14 Days Ago

Overview

Description: Brief Description: The Anderson House Hotel is a profitable, well maintained business located in the heart if downtown St. Petersburg with fantastic upside potential. Property Attributes • Good mix of hotel guests. • The property and mechanical systems have all been well maintained. • 13% Capitalization rate (P&L available upon request). • Very low vacancy historically. • Fully licensed to operate as a Hotel. • Property may be redeveloped to 9 residential units (condos or apartments). • Across from Kahwa coffee on 2nd St.

Taxes & Fees

  • Condo Fees : Not Available
  • Taxes: Not Available
  • Monthly Rent: Not Available