This listing is NOT a foreclosure. Investment Opportunity St. Petersburg DuplexnThis duplex offers a 15percent gross rent return (11percentnet). 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.nWith an estimated Cap Rate between 89percent, this property presents an excellent investment opportunity in the growing St. Petersburg market.nBoth units have been fully remodeled, making them move-in ready or ideal for immediate rental.nContact me today to schedule a private showing and secure this investment opportunity.This MLS Resale home is a multi family property located in SAINT PETERSBURG. It offers 0.14 acres in size, 2 beds and 2 baths. Review its detailed information and determine if this SAINT PETERSBURG MLS Resale has the qualities you are looking for.
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 ID1022445605
MLS NumberTB8425755
Parcel Number31-31-17-36684-000-1510
CountyPINELLAS
Bedrooms2
Bathrooms2.0
Living Area (sqft)1,107
Price/sqft$325
Year Built01/01/1947
Property TypeMulti-family (5 or more units)
Lot Size0.14 acres
Stories1
Total Units2
HeatingBaseboard
CoolingWall/Window Unit(s)
Roof TypeOther
Style25
Construction TypeFrame
Exterior WallsSiding (Alum/Vinyl)