Residential Property - Single Family Residence in St Petersburg
Listing Price: $254,000 (Mortgage Calculator →)
Description of Property
Income-producing St. Petersburg rental opportunity featuring 3 bedrooms, 1 bathroom and approximately 1,176 square feet of living space. The residence is currently tenant occupied and generating $2,010 per month, allowing an investor to acquire an established rental property with income already in place. 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.
Bedrooms: 3
Bathrooms: 1
Sq. Ft. Gross: 1,236
Garage: No
Carport: No
Property Details At A Glance
Property Type: Residential
Property Use or Sub Type: Single Family Residence
City: St Petersburg
County: Pinellas
Subdivision: Lewis Island Sec 2
Bedrooms: 3
Bathrooms: 1
Sq. Ft. Gross: 1,236
Sq. Ft. Living Area: 1,176
Cost per (heated) sqare foot: $216
Year built: 1958
Annual Tax: $4,057
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: Shingle
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): 0.17
Lot Size (sq. ft.): 7,484 square feet
Lot Dimensions: 75 x 100
Front Exposure: Southeast
Legal Description & Other Information
Parcel Number: 063217514800090080
Tax Legal Desc.: LEWIS ISLAND SEC 2 BLK 9, LOT 8
Section: 6
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.