- Multi-Family
- 437 Sq Ft
- 0
Description
This lot is currently being operated as a used car dealership tenant. The tenant is paying $3, 500/mo. in rent. The lot is zoned C2 - General Commercial and can accommodate multi-family, medical suites, retail, etc. Located on 49th St with a heavy traffic count of 28, 000 vehicles passing by each day. This is a great opportunity to come in and get an easy rental income at an almost 10% cap rate or redevelop the land into a multi-family, medical offices or any other type of commercial property you'd like. Please do not disturb tenants when driving by to view lot. Located immediately South of the intersection of 49th St & 46th Ave. Easily accessible to I275, 34th St and a quick jaunt to downtown St. Pete.
Property Features
- Property Type: Residential Income
- Property Subtype: Multi-Family
- Approx Living Area SqFt: 437
- Year Built: 1949
- Exterior Description: Other
- Cooling System: Central Air
- Heating Fuel: Central
- Utility Information: Public
- Pets Allowed: No 0
- County: Pinellas
- Subdivision: CALEDONIA SUB
- Age Restricted: No
- Annual Property Taxes: $5,127
- Gross Operating Income: $42,000
- Security Deposit: 0
- Special Info: None