4-Unit Investment Property - Strong Cash Flow + Upside PotentialFantastic opportunity to own an updated, income-producing multi-family property just minutes from St. Petersburg. This large, two-story building features 4 identical units, each offering 2 bedrooms and 1 bathroom, with two units upstairs and two downstairs.The property has been renovated in 2025, with updated interiors and a freshly painted exterior, providing a no-deferred-maintenance investment. Each unit is in great condition, making this a turnkey asset ready for immediate cash flow.Currently generating $5,400/month (3 units at $1,400 and 1 unit at $1,200), this property already cash flows well, with future rent increase potential to further boost returns.Situated on a large lot, the property offers ample parking in both the front and rear, along with a fully fenced yard for added privacy and security. Located in a quiet residential neighborhood, yet just minutes from downtown and with quick access to I-275, this location is highly attractive to tenants.
Listed By
Agency Name: KELLER WILLIAMS SOUTH TAMPA
Agency Contact: murraycoleman@kw.com
Shown By
Agent Name: Albert Rodriguez
Agent Phone: Cell: (863) 600-6227
Agency Title: Florida Executive Realty
Estimated Payment
$ 2,247.22 per month $1,502.26 Principal & Interest $548.08 Property Tax $196.88 Homeowner's Insurance
1033 19th Avenue S | MLS# TB8503357
This multi-family property located at 1033 19th Avenue S, Saint Petersburg, FL 33705 is currently listed for sale with an asking price of $675,000. Search Saint Petersburg real estate on arodriguez.floridaexecutiverealty.com today.