Under contract-accepting backup offers. 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.
MLS# | U8252643 |
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Listing Type | For Sale |
Style | Town House |
Sub-Type | For-sale |
Status | Pending |
Year | 1974 |
Days On Site | 165 |
Listing Provided By | BRIDGEWATER COMMERCIAL RE | Davis Nunneley |
SQ Feet | 6,384 |
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Story(s) | 2 |
Units | 8 |
Acreage | 0.32 |
State | FL |
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County | Pinellas |
City | ST PETERSBURG |
Zip Code | 33707 |
Area | 33707 St Pete | South Pasadena | Gulfport | St Pete Bch |
Community Name | PASADENA PARK W A B REP |
Listing VS Median (in PASADENA PARK W A B REP) | |
Price: $1,100,000 low | high Med: $1,100,000 SqFt: 6,384 low | high Med: 6,384 $ / SqFt: $172 low | high Med: $172 On Site: 165 low | high Med: 165.000000 |