4631 40th Street N, St Petersburg, FL 33714

$646,000
8
BD
8
BA
2,409
SqFt

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Sold Price
$646,000
List Price
$675,000
Status
Sold
Days on Market
180
Closing Date
Feb 12, 2026
MLS#
TB8412584
Property Style
Multi-Family 5+
Year Built
1982
Bedrooms
8
Bathrooms
8
Living Area
2,409
Lot Size
7,488
Acres
0.17
Total Acreage
0 to less than 1/4
Legal Subdivision Name
Wilsons Rep
MLS Area Major
St Pete

Property Description

Rare opportunity to own a building with 8 units. Central location in Lealman that is located in a non evacuation & non flood zone.. Block construction and built in 1982. Roof was replaced in 2013 Electric and some plumbing has been updated. Long time month to month tenants currently occupy the property and the units are currently rented at a price that is well below the local market. The street was recently redone including new sidewalk. The landlord uses the oversized 1 car garage for storage. Landlord pays all utilities. Estimated monthly utilities Electric $660, Water, Sewer & Trash $300, Cable $183, Gas $60. Two central A/C units provide heat and air. There is natural gas for the two hot water tanks , gas heat and the gas range in unit #8. This property has lots of potential to grow the current income stream.

Additional Information

Taxes
$7780
Community Features
No Deed Restriction
Property Description
One Story
Zoning
R-3
Interior Layout
Ceiling Fans(s)
Interior Features
Ceiling Fans(s)
Floor
Tile
Appliances
Microwave, Refrigerator
Utilities
Cable Connected, Fire Hydrant, Sewer Connected
Heating
Central, Natural Gas
Air Conditioning
Central Air
Exterior Construction
Block, Frame
Exterior Features
Other
Roof
Shingle
Foundation
Slab
Pool
No Pool
Garage Carport
1 Car Garage
Garage Spaces
1
Flood Zone Code
X
Parcel ID
03-31-16-98226-000-0010
Legal Description
WILSON'S REPLAT LOTS 1 AND 2

Listing courtesy of RE/MAX ACTION FIRST OF FLORIDA. 727-531-2006

Selling Office: REALTY ONE GROUP ADVANTAGE.

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