1139 40TH ST S, St Petersburg, FL 33711
1139 40TH ST S, St Petersburg, FL 33711
1139 40TH ST S, St Petersburg, FL 33711
1139 40TH ST S, St Petersburg, FL 33711
1139 40TH ST S, St Petersburg, FL 33711
1139 40TH ST S, St Petersburg, FL 33711
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$ 399,900
Est. payment | /mo

4 Beds

4 Baths

1,760 SqFt


$ 399,900
Est. payment | /mo

4 Beds

4 Baths

1,760 SqFt

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,760 sqft

Price per Sqft $227

Subdivision Paines Sub

MLS Listing ID TB8556986

Bedrooms 4

HOA Y/N No

Year Built 1959

Annual Tax Amount $5,116

Lot Size 9,147 Sqft

Acres 0.21

Property Sub-Type Quadruplex

Source Stellar MLS

Property Description

Investors, take note: this fully occupied fourplex offers dependable cash flow from day one. The property consists of two identical duplex buildings, each with two 1-bedroom units, for four identical units in total. The matching floor plans make maintenance, turnovers, and rent comparisons simple.

All four units are leased, and three of the four tenants are long-term residents, giving you an established rent roll and low turnover. Each unit has its own separately metered power and water, so tenants pay their own utilities and your operating costs stay down.

A separate outbuilding adds flexibility. Use it as storage, or convert it into an on-site laundry facility for an additional income stream. Four dedicated off-street parking spaces, plus ample street parking, add convenience for residents.

Whether you're expanding your portfolio or buying your first multifamily property, 1139 40th St S combines steady occupancy, efficient operations, and room to add value. Schedule your showing today. Please do not disturb tenants.

Location

State FL

County Pinellas

Community Paines Sub

Area 33711 - St Pete/Gulfport

Direction S

Interior

Interior Features Ceiling Fans(s), Living Room/Dining Room Combo, Other

Heating Baseboard, Ductless

Cooling Wall/Window Unit(s)

Flooring Ceramic Tile

Furnishings Unfurnished

Fireplace false

Appliance Range, Refrigerator

Laundry None

Exterior

Exterior Feature Outbuildings, Other, Private Entrance, Private Mailbox

Parking Features Common, Off Street, On Street, Open, Parking Pad

Utilities Available Electricity Connected, Public, Sewer Connected, Water Connected

View Y/N No

Water Access No

Roof Type Shingle

Porch Covered, Enclosed, Screened

Garage false

Private Pool No

Building

Lot Description City Limits

Entry Level One

Foundation Slab

Lot Size Range 0 to less than 1/4

Sewer Public Sewer

Water Public

Structure Type Frame

New Construction false

Others

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8556986

Stellar MLS
Listed by George Spencer SPENCERS PLUS REALTY LLC

NEARBY SCHOOLS & PROPERTIES

Jodi Gilliam

"Molly's job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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1139 40TH ST S