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$ 1,100,000
Est. payment | /mo
6,384 SqFt
$ 1,100,000
Est. payment | /mo
6,384 SqFt
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 6,384 sqft
Price per Sqft $172
Subdivision Pasadena Park W A B Rep
MLS Listing ID U8252643
HOA Y/N No
Originating Board Stellar MLS
Year Built 1974
Annual Tax Amount $12,426
Lot Size 0.320 Acres
Acres 0.32
Lot Dimensions 163x85
Property Description
Call For Offers on October 31st, 2024. True St. Pete value add multifamily opportunity.
We are pleased to present 5848 Fairfield Ave, a true St. Pete value add multifamily investment opportunity, to the market. This 2 story 8 unit multifamily property is currently receiving just slightly below market rents, and boasts the opportunity to increase rents to market value after renovations. With the Pinellas Trail abutting it’s back yard, a 10 minute drive to both St. Pete Beach and Treasure Island, and a short walk to both Boca Ciega Highschool and Central Ave, this property sits in a prime location for long term appreciation.
We are pleased to present 5848 Fairfield Ave, a true St. Pete value add multifamily investment opportunity, to the market. This 2 story 8 unit multifamily property is currently receiving just slightly below market rents, and boasts the opportunity to increase rents to market value after renovations. With the Pinellas Trail abutting it’s back yard, a 10 minute drive to both St. Pete Beach and Treasure Island, and a short walk to both Boca Ciega Highschool and Central Ave, this property sits in a prime location for long term appreciation.
Location
State FL
County Pinellas
Community Pasadena Park W A B Rep
Direction S
Interior
Cooling Central Air
Building
Story 2
Foundation Slab
Lot Size Range 1/4 to less than 1/2
Structure Type Block
New Construction false
Others
Ownership Sole Proprietor
Special Listing Condition None
© 2024 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Listed by BRIDGEWATER COMMERCIAL RE
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John Reay
Group Founder / Realtor® | License ID: 3102687