INVESTOR ALERT ! 3 RENTED UNITS 5, 802 MO RENT NEW ROOF, A C WATER HEATERS !
ST PETERSBURG, FL 33705
Listing
| Web ID: | 5757283 |
|---|---|
| Website: | https://www.nestseekers.com/5757283 |
Property
| Furnished: | YES |
|---|---|
| Ownership: | Fee Simple |
| Type: | Single Family |
| Bedrooms: | 7 BR |
| Bathrooms: | 3 |
| Lot Size: | 0.1 Acres |
Financials
Price:$585,000
Annual Taxes:$6,206.81
Description
INVESTOR ALERT! 3 RENTED UNITS | $5,802/MO RENT | NEW ROOF, A/C & WATER HEATERS!
**Opportunity is knocking in St. Petersburg!**
This income-producing multi-family property features **three rented units**, established rental income, and major recent upgrades.
**Unit A:** 3/1 — $1,900/mo — 1-year lease, recently renewed
**Unit B:** 2/1 — $1,902/mo — approximately 8 months remaining
**Unit C:** 2/1 — $2,000/mo — month-to-month
**Recent Upgrades:** New roof (2023), new A/C (2023), new water heaters (2023), plus plumbing and electrical updates (2018).
**Current Expenses:** Property taxes $5,958.54/year; insurance approximately $4,000/year; electricity approximately $3,360/year; water approximately $2,160/year. Repairs and maintenance are variable.
Owner currently pays water and electricity for the **two rear apartments**. Tenant in the main house pays their own utilities.
With **three occupied units and $5,802 in current monthly rental income**, this property offers an established income stream with significant improvements already completed. Schedule your showing today!**
Amenities
- Ceiling Fans(S)
- Electricity Connected
- Range
- Refrigerator
- Sewer Connected
- Water Connected
Location
Contact
Listing Courtesy of FLORIDA REAL ESTATE ASSOCIATES