This listing is NOT a foreclosure. EXCEPTIONAL INCOME-PRODUCING DUPLEX - FULLY UPDATED & OCCUPIED. This meticulously maintained BLOCK CONSTUCTION duplex offers immediate cash flow with stable, long-term tenants in place. Both units feature 2 bedrooms/1 bathroom and have been updated throughout. PROPERTY HIGHLIGHTS: Total Monthly Income: $3,713 ($1,800 Unit 1 + $1,913 Unit 2). Stable Tenancy: Both units occupied with Section 8 voucher recipients on annual lease agreements. Separate Utilities: Individual water and electric meters - tenants pay all utilities. RECENT MAJOR IMPROVEMENTS: Newer Roof - Peace of mind for years to come. Updated Windows - Enhanced energy efficiency. Newer HVAC Systems. Newer Water Heaters. Complete Cosmetic Updates - Fresh interior and exterior finishes. INVESTMENT DETAILS: Gross Annual Income: $44,556. Established Rental History with quality tenants. Section 8 Program provides rental payment security. Minimal Landlord Responsibilities - tenants handle utilities. LOCATION ADVANTAGES: Located in the desirable 33705 area of St. Petersburg, this property benefits from the citys robust rental market and ongoing urban revitalization. The 33705 zip code has show
...Read More
n consistent appreciation with average home prices up 6.8% year-over-year, making this an excellent long-term investment opportunity. PERFECT FOR: Experienced Investors seeking immediate cash flow. First-Time Investment Property buyers (turnkey ready). Portfolio Expansion with proven rental income. 1031 Exchange candidates. This is a rare opportunity to acquire a fully-stabilized, updated duplex with immediate positive cash flow. The combination of recent major improvements, established tenancy, and prime location makes this an exceptional investment in St. Petersburgs growing rental market. Properties of this caliber and cash flow potential move quickly in todays market!This MLS Resale home is a multi family property located in SAINT PETERSBURG. It offers 0.17 acres in size, 4 beds and 2 baths. Review its detailed information and determine if this SAINT PETERSBURG MLS Resale has the qualities you are looking for.
Read Less
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.
Email New Homes Like These
On Thursdays, get weekly alerts direct to your inbox from us with the newest properties in your search area.
Property Info
Property ID1040132368
MLS NumberTB8432418
Parcel Number30-31-17-85119-001-0050
CountyPINELLAS
Bedrooms4
Bathrooms2.0
Living Area (sqft)1,680
Price/sqft$237
Year Built01/01/1953
Property TypeMulti-family (5 or more units)
Lot Size0.17 acres
Stories1
Total Units2
HeatingCentral, Electric
CoolingCentral Air
Roof TypeOther
Style25
Construction TypeMasonry
Exterior WallsConcrete Block