Description
This listing includes a Charming historical 1922 Bungalow house as well as a separate income-producing cottage with a tenant already in place. The main building consists of 3 bedrooms and 1 bath and is currently unoccupied and ready for owner move-in or rental as well. The cottage is approx. 500 sq ft with 1 bedroom 1 bath, nice size kitchen, volume ceilings, private courtyard, private access and parking from the alley and separate electric and water metering. The main home has an open floor plan, updated windows, window treatments and ceramic tile floor throughout, laundry room and pantry. No HOA or flood insurance required. Extra Large Corner lot on nice street with back alley access. Located in Opportunity Zone (#12103020800). Upgrading and renovation possibilities for this property are endless. (Market rental price in this area for 3br/1ba is $1900/mo). Potential Cap Rate over 10%! Conveniently located just minutes away from I-275. Easy access to Historic Gulfport and Saint Petersburg's burgeoning downtown dining and entertainment experience. Short and easy walk to the Pinellas Trail. Cottage photos are labeled in red. Cottage tenant pays $550/mo thru 2022 with increase to $600 next 2 years. Seller can relocate tenant if necessary.
Property Highlights
- Property Type: Single Family, Single Family Residence
- MLS #: U8157967
| Area |
33711 - St Pete/Gulfport |
| Property Subtype |
Residential |
| Property Type |
Single Family Residence |
| Subdivision |
St Petersburg Investment Cos Add To Oak Park |
| Taxes |
$1,849 |
| Full Baths |
1 |
| Furnished |
Unfurnished |
| Total Baths |
1 |
| Total Beds |
3 |
| Direction Faces |
South |
| Interior Square Footage |
1,000 |
| Lot Size Acres |
0.19 |
| Lot Size Dimension |
65x127 |
| Lot Size Square Feet |
8,255 |
| Rooms |
3 |
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