Property
Beds
2
Full Baths
None
1/2 Baths
None
Year Built
1947
Sq.Footage
1,107
Investment Opportunity – St. Petersburg Duplex This duplex offers a 15percent gross rent return (11percent net). Currently generating $3,000 monthly ($36,000 annually) with both units rented at $1,500 each, and estimated expenses of $650/month ($7,800 annually). This results in a solid Net Operating Income (NOI) of $28,200 annually. With an estimated Cap Rate between 8–9percent, this property presents an excellent investment opportunity in the growing St. Petersburg market. Both units have been fully remodeled, making them move-in ready or ideal for immediate rental. Contact me today to schedule a private showing and secure this investment opportunity.
Features & Amenities
Interior
-
Total Bedrooms
2
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Wall/Window Unit(s)
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Baseboard
-
Pet friendly
N/A
Exterior
-
Garage
Yes
-
Garage spaces
2
-
Construction Materials
Frame
-
Other Exterior Features
Balcony, Dog Run
-
Parking
Driveway
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.14
-
Property Type
Residential Income
-
Property Sub Type
Duplex
Price
-
Sales Price
$359,900
-
Tax Amount
3289.31
-
Sq. Footage
1, 107
-
Price/SqFt
$325
HOA
-
Association
NO
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Ownership
Fee Simple
-
Senior Community YN
NO
-
Sewer
Public Sewer
-
Tax Lot
151
-
Water Source
Public
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Location
County
Pinellas
Elementary School
Middle School
High School
Listing Courtesy of Nilka Castro , LPT REALTY, LLC
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FrankoAgent
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