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4530 DR MARTIN LUTHER KING JR ST N St Petersburg, FL 33703
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Key Details
Sold Price $310,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,280 sqft
Price per Sqft $242
Subdivision Monticello Park
MLS Listing ID U8119585
Year Built 1957
Annual Tax Amount $4,145
Lot Size 10,454 Sqft
New Construction false
Property Description
Own a large piece of Paradise in St Petersburg Florida. This duplex is situated on a large corner lot at Melrose and Dr. MLK Jr. North in St Petersburg. One large lot with a duplex which has a 1 bedroom and an efficiency as well as detached garage.
Efficiency has a large living room that is sectioned out the tenant has created a bedroom/living combo a full kitchen and bathroom.
1 bedroom has an eat-in kitchen, living room bedroom and bathroom. This unit also has its own fenced in side yard for grilling and entertaining.
The seller was told it was 'grandfathered' as multi-family and if they ever changed it to single family it could not go back to multi-family
Also they were advised that that address could be changed from MLK St. N to Montrose Ave.
For investors... rents don't meet the 10% rule however that was a decision of the owners as one tenant takes care of the lawn, trees and lighting for the owner so his rent has remained the same. Tenants are willing to adjust to new rates if they can stay.
Roof has recently been inspected. Lifespan of the roof is about 7 to 10 years. Report is attached to this listing.
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*** All measurements and parcel division questions to be confirmed by buyer and or buyers agent
Location
State FL
County Pinellas
Community Monticello Park
Interior
Heating Central, Electric
Cooling Central Air
Flooring Ceramic Tile
Laundry None
Exterior
Exterior Feature Lighting, Sidewalk, Storage
Garage Driveway, Open, Workshop in Garage
Garage Spaces 1.0
Community Features None
Utilities Available Cable Available, Electricity Available, Electricity Connected, Public, Sewer Available, Sewer Connected, Street Lights, Water Available, Water Connected
Waterfront false
View Trees/Woods
Roof Type Shingle
Building
Lot Description Corner Lot, Near Public Transit, Oversized Lot, Sidewalk, Paved
Foundation Slab
Sewer Public Sewer
Water Public
Structure Type Block,Concrete
New Construction false
Schools
Elementary Schools Mount Vernon Elementary-Pn
Middle Schools Azalea Middle-Pn
High Schools St. Petersburg High-Pn
Others
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Special Listing Condition None
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© 2024 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Bought with CHARLES RUTENBERG REALTY INC
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