Residential Property - Single Family Residence in St Petersburg
Listing Price: $598,900
Description of Property
Hard to find turnkey triplex in the most coveted corner of St. Pete, next to the best schools in town. The owner’s early retirement offers you the rare chance to snatch up this recently remodeled cash cow investment at below market value. Get three dream homes for the price of one. Live in one of the three spacious units—two 2-bed/1-bath and one 2-bed/2-bath—and rent the others out for ample passive income. What makes this place so special? 1) New roof in 2016. 2) New ACs in all units 2022. 3) Well maintained, with service records available. 4) Separate water/electric meters for all units. 5) Gorgeous tile flooring throughout all units and each with in suite laundry. 6) Long term tenants on month to month leases paying below market rents. 7) High and dry elevated lot, unaffected by recent storms 8) Zoned as a 4-plex and on an oversized lot with plenty of parking spaces. Potential to add another unit. Investor notes: LTR: 3,800 /mo current, 4,800 - 5,400 potential w/o updates. Very little nearby competition. STR: 85.7k gross /yr, at only half year occupancy. Low-maintenance, income-producing, and no storm damage. Easy to show. No HOA/CDD. Feel free to soft pitch before writing anything up. Ask me anything, big or small. If this is “NOT ON MY MLS,” please just reach out to listing agent below for disclosures and MLS info sheet. No assignable contracts accepted.
Property Details At A Glance
Property Type: Residential
Property Use or Sub Type: Single Family Residence
City: St Petersburg
County: Pinellas
Subdivision: Darrow Estates
Bedrooms: 6
Bathrooms: 4
Sq. Ft. Gross: 3,546
Sq. Ft. Living Area: 3,022
Cost per (heated) sqare foot: $198
Year built: 1981
Annual Tax: $8,051
Taxes and fees can change periodically, and other fees may apply. Please check with your Realtor for more details.
Interior Features:
- Ceiling Fan(s)
- Eating Space In Kitchen
- Open Floorplan
Appliances:
- Electric Water Heater
- Microwave
- Range
- Refrigerator
Accessibility Features:
Window Features:
Additional Rooms:
Ceiling Type:
Flooring: Tile
Pool & Waterfront Info
Private Pool: Not specified
Pool Features:
Spa Features:
Water Frontage:
Water Access: Not specified
Water Access Type:
Water View:
Exterior & Construction
Architectural Style:
Construction: Vinyl Siding
Foundation: Slab
Roof: Shingle
- Lighting
- Rain Gutters
- Storage
Parking Features:
Floors Total:
Floors in Unit: One
Cooling: Central Air
Heating & Fuel: Central
Electric:
Patio & Porch Features: Rear Porch
Security Features:
Other Structures:
View:
Fencing: Wood
Utilities:
- BB/HS Internet Available
- Cable Connected
- Electricity Connected
- Public
Sewer: Public Sewer
Water Source: Public
Community Features:
Association Amenities:
Lot Information
Lot Features:
Lot Size (acres): 0.4
Lot Size (sq. ft.): 17,337 square feet
Front Exposure: South
Adjoining Property:
Current Adjacent Use:
Legal Description & Other Information
Financing Available: Cash, Conventional, FHA, VA Loan
Parcel Number: 053116203440000070
Zoning: R-4
Tax Legal Desc.: DARROW ESTATES LOT 7
Section: 5
Range: 16
Listing courtesy of RICHARD PETERS REALTY 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.
