Burlington Heights Place

2420 Burlington Avenue North Saint Petersburg, FL 33713

2420 Burlington Avenue North, Saint Petersburg, FL, 33713
2420 Burlington Avenue North, Saint Petersburg, FL, 33713 2420 Burlington Avenue North, Saint Petersburg, FL, 33713 2420 Burlington Avenue North, Saint Petersburg, FL, 33713 2420 Burlington Avenue North, Saint Petersburg, FL, 33713
FOR SALE
Property Type:
MultiFamily Apartments
Amount:
$699,000
Last Verified:
Oct 31, 2023

Highlights

  • Multi-Family
  • Florida Opportunity
  • Tampa Bay Metro
  • St Petersburg Market
  • Kenwood Historic Neighborhood
  • Four Units 1 Bd / 1 Bath
  • Updated Units
  • Value Add
  • Four Garage Storage Units
  • Brand new TPO Roofs

Description

Multi-Family Excellence * Florida Opportunity
Burlington Heights Place

Our Offering is for a 4 unit multi-family complex located in a fantastic historic neighborhood known as Kenwood. The site consists of four separate 1 BR 1 BA apartments with a 4 car garage. It has a new Carlisle 60 mil TPO roof on both building and garage. Three units have been completely remodeled and are rented at $1,200 / month. One unit is not remodeled and has a very long term tenant at $950 / month.

The main structure is an impressive vintage 1925 stucco building. Each unit has an enclosed front porch with tons of natural light.

The rear building was built later in 1940 and as mentioned before is a 4 car garage. This building has the potential of additional revenue streams by making four units and leasing them out for storage. This neighborhood has many garages leased out as storage and demands rents as high as $120.00 per unit.

In all sincerity, it does not get any better than this - a charming 4 plex in a historic neighborhood, in a destination city, in a destination state.

Location Description: The location is frankly exceptional. The address is on Burlington Avenue on the 2400 block at 2420 Burlington. The property is between 24th and 25th Street North. Burlington is in between 2nd Avenue North and 3rd Avenue North.

The site is in the very renowned historic Kenwood Neighborhood. This neighborhood is very special and his known for its 1920's Bungalows and Craftsmen style home.

Another unique quality is that this neighborhood borders other great districts and neighborhoods and is within walking distance to the Grand Central Shopping & Dining District, the Warehouse Arts District, and the Edge Dining & Shopping District.

Downtown is only 3 minutes away, the interstate is 2 minutes away and 3 major hospitals and two colleges are only 5 minutes away.

Location Description: The location is frankly exceptional. The address is on Burlington Avenue on the 2400 block at 2420 Burlington. The property is between 24th and 25th Street North. Burlington is in between 2nd Avenue North and 3rd Avenue North.

The site is in the very renowned historic Kenwood Neighborhood. This neighborhood is very special and his known for its 1920's Bungalows and Craftsmen style home.

Another unique quality is that this neighborhood borders other great districts and neighborhoods and is within walking distance to the Grand Central Shopping & Dining District, the Warehouse Arts District, and the Edge Dining & Shopping District.

Downtown is only 3 minutes away, the interstate is 2 minutes away and 3 major hospitals and two colleges are only 5 minutes away.

Building Size: 3380sq ft
Lot Size: 0 acres

Map of 2420 Burlington Avenue North, Saint Petersburg, FL, 33713

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Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

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