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6538 42nd Avenue N, KENNETH CITY, FL 33709
Priced at Only: $1,990,000
For more Information Call Mobile: 561.201.1100
Address: 6538 42nd Avenue N, KENNETH CITY, FL 33709
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  • MLS#: TB8458243 ( Residential Income )
  • Street Address: 6538 42nd Avenue N
  • Viewed: 4
  • Price: $1,990,000
  • Price sqft: $347
  • Waterfront: No
  • Year Built: 1958
  • Bldg sqft: 5736
  • Bedrooms: 16
  • Total Baths: 8
  • Days On Market: 2
  • Additional Information
  • Geolocation: 27.8097 / -82.7277
  • County: PINELLAS
  • City: KENNETH CITY
  • Zipcode: 33709
  • Subdivision: Fraze Acres
  • Elementary School: Westgate
  • Middle School: Tyrone
  • High School: Dixie Hollins
  • Provided by: DALTON WADE INC
  • Contact: Bailey Bjugan
  • 888-668-8283
  • mfrmls
  • DMCA Notice
  • Description
    Introducing a premier multifamily investment opportunity in St. Petersburg, Florida. This fully renovated eight unit commercial property delivers immediate cash flow with a proven rental history. The asset consists of eight spacious two bedroom, one bathroom units situated across four separate buildings, complemented by a private on site parking lot. The property is fully leased and has been comprehensively updated, making it a true turnkey addition to any investment portfolio. All major capital improvements have already been completed, significantly reducing future maintenance exposure. Updates include new roofs on all buildings, updated windows, individual HVAC systems, added insulation for improved energy efficiency and pest prevention, and in unit washers and dryers throughout. Exterior improvements enhance long term value and tenant appeal, featuring upgraded landscaping, new fencing, fresh exterior paint, and a dedicated bike rack for residents. Each unit has been thoughtfully renovated with consistency and quality in mind. Kitchens showcase shaker style cabinetry, granite countertops, and stainless steel refrigerators and stoves. Bathrooms have been fully updated with modern tilework, vanities, fixtures, and hardware. Additional interior upgrades include new baseboards and crown molding across all units, reflecting a high standard of finish rarely found in comparable properties. Located outside of a flood zone, this asset offers additional peace of mind for long term ownership. Its central St. Petersburg location provides easy access to schools, shopping, dining, entertainment, public transportation, and major thoroughfares, further supporting strong tenant demand. This is an exceptional opportunity for investors seeking a stabilized, professionally updated multifamily property with immediate income and minimal deferred maintenance in one of Tampa Bays most desirable rental markets.
Features
Appliances
  1. Range
  2. Refrigerator
Home Owners Association Fee
  1. 0.00
Carport Spaces
  1. 0.00
Close Date
  1. 0000-00-00
Cooling
  1. Mini-Split Unit(s)
Country
  1. US
Covered Spaces
  1. 0.00
Exterior Features
  1. Other
  2. Storage
Garage Spaces
  1. 0.00
Heating
  1. Other
High School
  1. Dixie Hollins High-PN
Insurance Expense
  1. 0.00
Interior Features
  1. Ceiling Fans(s)
  2. Open Floorplan
  3. Primary Bedroom Main Floor
  4. Stone Counters
Legal Description
  1. FRAZE ACRES BLK 1
  2. LOTS 38 & 39
Levels
  1. One
Living Area
  1. 5028.00
Middle School
  1. Tyrone Middle-PN
Area Major
  1. 33709 - St Pete/Kenneth City
Net Operating Income
  1. 0.00
Occupant Type
  1. Tenant
Open Parking Spaces
  1. 0.00
Other Expense
  1. 0.00
Parcel Number
  1. 05-31-16-29430-001-0380
Parking Features
  1. Common
Property Type
  1. Residential Income
Roof
  1. Shingle
School Elementary
  1. Westgate Elementary-PN
Sewer
  1. Public Sewer
Tax Year
  1. 2024
Township
  1. 31
Utilities
  1. BB/HS Internet Available
  2. Cable Available
  3. Public
Virtual Tour Url
  1. https://www.propertypanorama.com/instaview/stellar/TB8458243
Water Source
  1. Public
Year Built
  1. 1958
Zoning Code
  1. RM-15
Headshot for Associate Jodie Dial
  1. Jodie Dial, GRI,REALTOR ®
  2. Tropic Shores Realty
  3. Dial Jodie at (352) 257-3760
  4. Mobile: 561.201.1100
  5. Mobile: 352.257.3760
  6. 561.201.1100
  7. dialjodie@gmail.com
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