Description
This is a 3 Bedroom 1 Bathroom Block Home with covered parking area/carport located in Saint Petersburg Florida. Buy your first home, Stop paying rent or start your own business by leasing out a tested and proven income property! Professional property management is in place if you wish to retain their services. With mostly minor cosmetic repairs you could save money buying this home in AS/IS condition or you could wait for repairs/updates to be complete by the owner which are soon to be underway. The roof was replaced in 2015. Listed price reflects updates and repairs to be done. Owner plans to update and repair but is willing to accept offers for AS/IS condition. Third Bedroom is a converted patio (Square footage on Property Appraiser does not include this space/please see executive summary attached). Current 2021 CAP Rate was 2.8. An Investor could easily reach 4.6 or higher with a rent increase (Please see attached Executive summary/please contact me if you cannot find it). This has been a great investment property with plenty of room for improvements and rent increase. If you have any further questions or would like to schedule a showing please reach out to me directly.
Property Highlights
- Property Type: Single Family, Single Family Residence
- MLS #: U8151113
| Area |
33713 - St Pete |
| Carport |
Yes |
| Carport Spaces |
1 |
| Property Subtype |
Residential |
| Property Type |
Single Family Residence |
| Subdivision |
Thuma |
| Taxes |
$3,589 |
| Full Baths |
1 |
| Furnished |
Unfurnished |
| Total Baths |
1 |
| Total Beds |
3 |
| Direction Faces |
East |
| Interior Square Footage |
1,202 |
| Lot Size Acres |
0.1 |
| Lot Size Dimension |
50x90 |
| Lot Size Square Feet |
4,548 |
| Rooms |
7 |
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