Quadplex including 4-bay garage with alley access in a Non-Flood Zone. Excellent passive income. Great investment property in the ALLENDALE TERRACE location of Northeast St Pete. Consist of 4x 1bd/1br units. All currently rented. A CURRENT 7.0% cap rate at list price, with lots of upside potential. Seller just received an appraisal for 375k. Rents are escalating in this popular St. Petersburg market. Updated full electrical over the years and newer sewer line. Large standup attic space for storage. Main Building Roof replaced in 2015. Detached 4-bay garage Roof being replaced before closing.
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