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843.438.6959
Real Estate Company
1139 40th Street S, Gulfport, FL 33711
- $399,900
- 4
- BD
- 4
- BA
- 1,760
- SqFt
- List Price
- $399,900
- Status
- ACTIVE
- Days on Market
- 20
- MLS#
- TB8556986
- Subtype
- Residential Income
- Style
- One Story
- Year Built
- 1959
- Bedrooms
- 4
- Bathrooms
- 4
- Living Area
- 1,760
- Lot Size
- 9,200
- Acres
- 0.21
- Subdivision
- Paines Sub
- MLS Area Major
- St Pete/Gulfport
Property Description
Investors, take note: this fully occupied fourplex offers dependable cash flow from day one. The property consists of two identical duplex buildings, each with two 1-bedroom units, for four identical units in total. The matching floor plans make maintenance, turnovers, and rent comparisons simple. All four units are leased, and three of the four tenants are long-term residents, giving you an established rent roll and low turnover. Each unit has its own separately metered power and water, so tenants pay their own utilities and your operating costs stay down. A separate outbuilding adds flexibility. Use it as storage, or convert it into an on-site laundry facility for an additional income stream. Four dedicated off-street parking spaces, plus ample street parking, add convenience for residents. Whether you’re expanding your portfolio or buying your first multifamily property, 1139 40th St S combines steady occupancy, efficient operations, and room to add value. Schedule your showing today. Please do not disturb tenants.
Additional Information
- Interior Features
- Ceiling Fans(s), Living Room/Dining Room Combo, Other
- Exterior Features
- Outbuildings, Other, Private Entrance, Private Mailbox
- Financing
- Cash, Conventional
- Location
- City Limits
- Community Features
- No Deed Restriction
- Property Description
- One Story
- Appliances
- Range, Refrigerator
- Heating
- Baseboard, Ductless
- Air Conditioning
- Wall/Window Unit(s)
- Exterior Construction
- Frame
- Exterior Features
- Outbuildings, Other, Private Entrance, Private Mailbox
- Levels
- One
- Roof
- Shingle
- Foundation
- Slab
- Parking
- Common, Off Street, On Street, Open, Parking Pad
- Parking Features
- Common, Off Street, On Street, Open, Parking Pad
- Garage Features
- Common, Off Street, On Street, Open, Parking Pad
Courtesy of SPENCERS PLUS REALTY LLC
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