Virtually Staged. BACK ON THE MARKET Investor Special !
ST PETERSBURG, FL 33705
Listing
| Web ID: | 5724893 |
|---|---|
| Website: | https://www.nestseekers.com/5724893 |
Property
| Ownership: | Fee Simple |
|---|---|
| Type: | Duplex |
| Bedrooms: | 8 BR |
| Bathrooms: | 4 |
| Pets: | Pets Allowed |
| Lot Size: | 0.2 Acres |
Financials
Price:$539,990
Annual Taxes:$5,163
Description
Virtually Staged. BACK ON THE MARKET - Investor Special! Fully updated duplex featuring two identical 4BR/2BA units (1,224 SF each) with excellent cash-flow potential. Each unit is currently listed for rent against a HUD Fair Market Rent of $3,195/month, providing immediate upside. Opportunity to achieve a 10%++ cap rate and strong DSCR financing potential. Recent improvements include updated roof, updated kitchens, updated bathrooms, new flooring, new lighting, butcher block countertops, and washer/dryer hookups in each unit, creating a low-maintenance investment with minimal deferred maintenance. Each unit also features a private fenced backyard. Situated on an oversized corner lot, the parcel also includes a separate detached concrete RV parking pad/lot - which can be rented for an additional $650/month adding even more value to this property. Just minutes from Downtown St. Petersburg, shopping, dining, major employers, and local colleges—an area with consistently strong rental demand. Ideal for buy-and-hold investors, DSCR buyers, or a 1031 exchange, with immediate income potential and room for future rent growth.
Amenities
- Cable - Available
- Convection Oven
- Electricity Connected
- Microwave
- Private Mailbox
- Private yard
- Refrigerator
- Sewer Connected
- Solid Surface Counters
- Water Connected
Location
Contact
Listing Courtesy of DALTON WADE INC