Description
Located in the heart of popular St Petersburg, this triplex is on a major thoroughfare providing great visibility and easy rentals. It features an upstairs 2 bedroom/1 bathroom unit (C) and two 1 bedroom/1 bathroom units on the first floor (A & B). All three apartments have been nicely updated to command great rates, and it has proven excellent income potential. Additional amenities for the tenants include: a large courtyard with privacy fence and tropical landscaping, additional onsite storage, a laundry room, and plenty of parking. Both A and B have been recently painted, have newer appliances and new AC wall units. C has a newer HVAC system. All three apartments are separately metered, and the electric panel was replaced in 2019. The water meter is shared and the current lease agreements collect $175 in addition to the monthly rental rates to offset the water bill. A termite warranty and pest control is in place. Two of the units have had long standing tenants making this a fantastic opportunity for any investor. This is the one to add to your portfolio!
Property Highlights
- Acres: 0.15
- County: Pinellas
- Year Built: 1952
- Property Type: Commercial, Triplex
- MLS #: U8132745
Area |
33714 - St Pete |
Elementary School |
Lealman Avenue Elementary-PN |
High School |
Northeast High-PN |
Middle School |
Meadowlawn Middle-PN |
Number of Units Total |
3 |
Property Subtype |
Residential Income |
Property Type |
Triplex |
Subdivision |
Arcadian Heights |
Taxes |
$3,833 |
Interior Square Footage |
1,704 |
Lot Size Acres |
0.15 |
Lot Size Dimension |
50x129 |
Lot Size Square Feet |
6,556 |