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$535,000
$535,000
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Sea Glass Florida Properties

Description

DOWNTOWN ST PETE CASH COW with NET CAP of possibly almost 9% !!! This fully remodeled income building with 2 units has it all : newer roof, new paint outside and inside, newer AC units, great outdoor sitting area for tenants, expected rent furnished for travelling nurses $4,400.00/m ($2,200/unit) or even more (information from property manager in area), for the 2 existing units, NOT even including value and rent of the garage and separate driveway !! Also both units have next to the 2 bedrooms an EXTRA den/office space (downstairs a smaller den) !! And with low costs for landlord (electric and water/sewer/trash are paid by tenants) the difference to net income is minimal! Unusually for an income property, it would even be easy to provide 2 parking spaces per unit PLUS rent garage with driveway separately rented (you can park 2 cars -1truck and motorcycle behind each parking per unit), but there is also parking on the street available. Pictures of first floor unit are taken before tenant moved in, for privacy reasons. The inside units are fully redone, with newer appliances, floors, cabinets, wood countertops and more!! Next to the bedrooms in each unit, there is also an EXTRA DEN included, that can serve as office. Finally walking to downtown St Pete in minutes, makes this an extremely desirable investment property!! New paint, newer roof and recently tented for termites last year makes this an even more interesting investment !!!


Listed by Geert Benoot, .

Property Highlights

  • Property Type: Multi Family, Duplex
  • MLS #: U8187764

General Information

Area 33705 - St Pete
Number of Units Total 2
Property Subtype Residential Income
Property Type Duplex
Subdivision Pomeroys Add J B
Taxes $3,877
Tenant Pays Electricity, Sewer, Trash Collection, Water

Room Information

Flooring Tile, Vinyl, Wood
Garage Yes
Garage Spaces 1
Total Baths 2
Total Beds 4

Property Features

Appliances Electric Water Heater, Range, Refrigerator
Association Amenities Other
Basement Crawl Space
Community Features Sidewalks
Construction Materials Block, Other
Cooling Wall/Window Unit(s)
Exterior Features Garden
Heating Electric
Interior Square Footage 1,308
Lot Size Acres 0.06
Lot Size Dimension 50x55
Lot Size Square Feet 2,749
Roof Shingle
Sewer Public Sewer
Stories Two
Water Source Public
Windows Blinds
$535,000
$535,000
price
For Details, Contact
Sea Glass Florida Properties
St. Petersburg, FL
St. Petersburg Area
Price Range
$62K-$13M
St. Petersburg, Florida Welcome to St. Petersburg, Florida, also known as "The Sunshine City" for its year-round sunshine and beautiful coastal location. Situated on the shores of Tampa Bay, St. Petersburg offers residents a vibrant urban lifestyle...
Location
1043 7th Avenue N, St Petersburg, FL 33705 Driving Directions
Similar Listings
St. Petersburg Area
Nearby Schools
Listed by Geert Benoot, Benoot Realty.
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