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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.
Features
Age: Over 50 Years Old
Architecture Style: Other
Building Units: 8
Exterior Type: Block
Legal Description: PASADENA PARK W.A.B. REPLAT LOT 3