$535,000

2343 8th Street S Saint Petersburg, FL 33705 Multi Unit - Multiple Active

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Description

TURNKEY ST. PETERSBURG DUPLEX WITH TENANTS IN PLACE! Excellent opportunity to add an income-producing property to your investment portfolio without starting from scratch. Situated on a desirable corner lot, this updated duplex features two separately occupied units with year-long tenants currently in place, providing rental income from day one for the new owner.The property offers a highly desirable unit mix with a spacious 3-bedroom, 1-bath unit on one side and a 2-bedroom, 1-bath unit on the other. The interior has been completely remodeled, while the 2020 roof provides another important capital improvement already completed-helping reduce the immediate renovation and lease-up costs often associated with acquiring an investment property.Located in St. Petersburg, the property offers convenient access to Downtown St. Pete, I-275, Tropicana Field and the surrounding redevelopment area, local restaurants and entertainment, the waterfront, area employers, and Gulf beaches. St. Petersburg's combination of employment, recreation, transportation access, and continued growth makes this a compelling location for long-term rental ownership.

Property Highlights

Property Type: Multi Unit - Multiple
Cooling: Central Air, Mini-Split Unit(s), Wall/Window Unit(s)
Heating: Central, Electric, Ductless
Lot Size: 0.13 Acres
Roof Type: Shingle
Stories: 1.0
Taxes: $6,987
Year Built: 1959

General Information

Bedrooms: 5
Sqft: 1,740
County: Pinellas
Subdivision: JAMIN & JERKINS LAKEVIEW
Listed By:
Catherine France COLDWELL BANKER REALTY 813-685-7755

Amenities

Eat-in Kitchen
Kitchen/Family Room Combo
Open Floorplan
Solid Surface Counters
Thermostat
Fence

Property Features

Annual Net Income: 48348.00
Appliances: Dishwasher, Dryer, Freezer, Microwave, Range, Refrigerator, Washer
Directions: From I-275, take Exit 18 for 26th Ave S. Head east on 26th Ave S, turn left (north) onto 8th St S. Property will be on the corner.
Exterior: Block
Flood Zone Code: AE
Foundation: Slab
Home Warranty Y/N: No
Lease Terms: Twelve Months
Listing Terms: Cash, Conventional
Lot: Corner Lot
Lot Dimensions: 0.13
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Duplex
Sewer: Public Sewer
Showing Instructions: Appointment Only, Call Listing Agent
Special Sale Provisions: None
Utilities: Electricity Available, Electricity Connected, Water Connected
Water: Public
Water Access Y/N: No
$535,000
5beds
1,740sqft
New to the Market Active
BEDS5 BATHS SQUARE FEET1,740 MLS#TB8540497
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONJAMIN & JERKINS LAKEVIEW

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2343 8th Street S, Saint Petersburg, FL 33705.

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Estimated Payment

$ 2,542.76 per month $1,804.47 Principal & Interest $582.25 Property Tax $156.04 Homeowner's Insurance

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