Residential Property - Single Family Residence in St Petersburg
Listing Price: $342,000 (Mortgage Calculator →)
Description of Property
Strong income-producing opportunity in St. Petersburg. This tenant-occupied 3-bedroom, 2-bathroom single-family home encompasses approximately 1,250 square feet and currently generates $2,710 per month in rental income, the highest monthly rent among the seven single-family assets in the portfolio. An established tenant provides immediate income for an incoming investor. INVESTOR & PORTFOLIO OPPORTUNITY: This property is tenant occupied and is being offered as part of a larger portfolio of income-producing residential properties throughout Pinellas County. The single-family portfolio is being offered at pricing structured to provide an approximately 6.5% capitalization rate based on current rents and portfolio underwriting assumptions. Seller is seeking investor interest in the acquisition of the entire portfolio, although individual offers may also be considered. Please do not disturb tenants.
Property Details At A Glance
Property Type: Residential
Property Use or Sub Type: Single Family Residence
City: St Petersburg
County: Pinellas
Subdivision: Mullers Sub
Bedrooms: 3
Bathrooms: 2
Sq. Ft. Gross: 1,277
Sq. Ft. Living Area: 1,238
Cost per (heated) sqare foot: $276
Year built: 1960
Annual Tax: $4,282
Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.
Appliances: Refrigerator
Flooring: Vinyl
Pool & Waterfront Info
Private Pool: Not specified
Exterior & Construction
Construction: Block
Foundation: Slab
Roof: Other
Exterior Features: None
Floors Total: 1
Floors in Unit: One
Cooling: Central Air
Heating & Fuel: Electric
Sewer: Public Sewer
Water Source: Public
Lot Information
Lot Size (acres): 0.18
Lot Size (sq. ft.): 7,623 square feet
Lot Dimensions: 60 x 127
Front Exposure: North
Legal Description & Other Information
Parcel Number: 303017594000000080
Tax Legal Desc.: MULLER'S SUB LOT 8
Section: 30
Range: 17
Listing courtesy of COMPASS FLORIDA LLC. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.