Photo 1 of 1
$332,000
Sold on 6/17/20
Beds |
Baths |
Sq. Ft. |
Taxes |
Built |
|
0.00 |
1,901 |
$4,186 |
1960 |
On the market:
33 days
|
View full details, 15 photos, school info, and price history
INVESTORS DELIGHT! LARGE FOSSIL PARK DUPLEX! The highly sought after Fossil Park neighborhood and it's duplexes rarely come to market. Your chance to purchase this recently updated and well maintained income producing duplex in desirable NorthEast St Petersburg is here. PRICED at a profitable 8% CAP RATE, with immediate upside potential to 8.5%!!! Located just minutes from Downtown St Pete, craft kitchen restaurants, retail, the USF St Pete Campus and walking distance to the Northeast Trail. Options and opportunities await you! Live in one unit while enjoying rental income from the other, or lease both units and yield an 8-9% cap rate! The smaller unit currently has a 12 month lease at $1,400.00/Month and does not expire until April 2021. The larger unit is vacant and can rent for $1,600-$1,700/Month. This is one of the largest duplexes in the Fossil Park area and is situated on an oversized corner lot. Both sides feature plenty of space with three (3) Bedrooms and one (1) Bath, covered carport parking, private laundry room(s), ample storage, updated kitchens and bathrooms, new paint, updated landscaping, New water heaters and a New HVAC. Enjoy a comfortable morning or evening from the privacy of a newly fenced in back yard. Have a boat or RV? There's even a large parking pad for either of those as well. As cities and states begin to open and the housing market heats up, don't delay. Move in, or put your money to work for you and make income while you sleep before Summer!
Listing courtesy of Justin Smith, CHARLES RUTENBERG REALTY INC