This listing is NOT a foreclosure. This prime investment rental property presents a fantastic opportunity for savvy investors and developer. With its strategic location and ample space, it offers the potential for lucrative returns and multiple development options.The property boasts a well-maintained structure that can be rented out immediately, generating a steady stream of rental income. The spacious layout and desirable features make it an attractive option for tenants, ensuring stable occupancy rates.Moreover, the property sits on a sizable plot of land, providing ample opportunities for future development. Whether you envision constructing additional residential units, commercial spaces, or a mixed-use development, the possibilities are endless.The property's location in a thriving neighborhood further enhances its investment potential. The area is experiencing significant growth and development, with new businesses, amenities, and infrastructure projects underway. This creates a strong demand for housing and commercial spaces, making it an ideal environment for rental properties and development ventures.With its income-generating potential, development opportunities,
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and strategic location, this investment rental is a rare find. It offers a unique chance to capitalize on the area's growth while enjoying the benefits of a reliable rental income stream. Whether you're an investor seeking a solid addition to your portfolio or a developer looking for the next big project, this property presents an exceptional opportunity to achieve your financial goals.The property enjoys a prime location in a neighborhood that is undergoing rapid improvement, which is not far from the vibrant downtown area of St. Petersburg.There has been a significant shift in the demographic makeup of the area, with new developments springing up frequently, adding to the neighborhood's appeal.The rental house stands out in excellent condition, meticulously maintained by its owners. It features a 4-year-old roof and a 4-year-old central air system, ensuring comfort and energy efficiency for its occupants.The property's desirability as a rental is evident from its consistently high demand. It rarely remains vacant for more than a week or two during tenant transitions, showcasing its strong rental potential in the local market.This MLS Resale home is a multi family property located in SAINT PETERSBURG. It offers 0.15 acres in size, 4 beds and 3 baths. Review its detailed information and determine if this SAINT PETERSBURG MLS Resale has the qualities you are looking for.
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This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.
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Property Info
Property ID910652996
MLS NumberU8231688
Parcel Number25-31-16-19350-002-0010
CountyPinellas
Bedrooms4
Bathrooms3.0
Living Area (sqft)2,342
Price/sqft$296
Year Built01/01/1920
Property TypeMulti-family (5 or more units)
Lot Size0.15 acres
Stories2
Total Units2
HeatingCentral
CoolingCentral
Roof TypeOther
Style25
Construction TypeFrame
Exterior WallsCombination