Welcome to your ideal investment opportunity with this charming duplex! This beautifully maintained property features two spacious 2-bedroom, 2-bathroom units, perfect for maximizing rental income while enjoying the comforts of home. With the flexibility to live in one unit and rent out the other, you can create a steady cash flow. One of the units boasts a private pool, making it an attractive option for vacationers or long-term tenants seeking relaxation and fun. Both units come equipped with full amenities, including spacious kitchens, comfortable living areas, and ample storage, ensuring a welcoming atmosphere for residents and guests. Conveniently located near beautiful beaches, shopping, dining, and local attractions, this duplex is sure to attract a steady stream of renters. Whether you’re looking to invest or settle down while generating income, this property offers the perfect blend of comfort and opportunity. Don’t miss your chance to own this gem—contact us today for a viewing!
PHENOMENAL MULTI UNIT INVESTMENT OPPORTUNITY WITH 6 UNITS PRICED FOR AN IMMEDIATE SALE IN A GREAT ST. PETE NEIGHBORHOOD WITH WATER VIEWS!!!! Fully occupied cash generating investment property!!! 3 two bedrooms 1 bath 2 studio 1 one bed one bath, fully occupied currently, opportunity to renovate units and raise rents. $1,300 $1,560 $1,500 $950 $1,000 $1,000 Total: $7,310 per month $87,720 total income per year Expenses: $250 per month for water garbage pickup $94 per month $4,128 annually Taxes $6,800 annually Insurance $4,103 annually, never flooded in the last 20 years! Total expenses annually : $15,031 Net annual profit roughly: $72,689 Opportunity for laundry in the back, no laundry onsite currently, could be income producing laundry building onsite to be built as ADU type building. Upgraded plumbing 4 years ago Upgraded electrical 4 years ago Air condition 4 years old Central air 8% cap rate with opportunity to boost to 9-10% cap rate with rent raise and laundry area addition.
Triplex BUILT IN 1984 features CENTAL HVACs, heating and cooling, 2430 heated sq. ft, with 3 units each featuring 2-bedroom, one bathroom, each having its own laundry room, so THREE LAUNDRY ROOMS IN THIS TRIPLEX, open patios in the back with units, and 6 parking spaces are toward the north of this property. The units feature linen-closet int the bathrooms, eating space in kitchen, dishwasher, SEPARATE METERS FOR WATER AND ELECTRICITY for each unit & more. Unit B's CENTRAL AC was installed 2024 and unit C's CENTRAL AC is NEWER(about 4 years old). Unit B has updated kitchen cabinets. All the FENCE in the back of the units, fencing each unit's backyard is less than 6 months old. Tenants are with Month to Month lease. Kenneth City is within the north-west part of St. Petersburg and is approximately 7 miles away from each Madeira Beach and St Pete Beach. Buy this Triplex with Duplex together; listing MLS # for Duplex is U8209366. MORE PICTURES ARE COMING IN, PLEASE CHECK AGAIN LATER. BRING YOUR OFFERS.
Duplex BUILT IN 1984 features CENTAL HVACs, heating and cooling, 1,620 heated sq. ft, with 2 units each featuring 2-bedroom, one bathroom, each having its own laundry room, so there are TWO LAUNDRY ROOMS IN THIS DUPLEX, open patios in the back, porch and parking in the front. The units feature LINEN CLOSETS IN BOTH BAHROOMS, eating space in kitchen with dishwasher, ceramic tile flooring, while one of the units has marble-like remodeled shower, and SEPARATE METERS FOR WATER AND ELECTRICITY for each unit. Both units have REMODELED SHOWER AREA, and one of the units also have NEWER KITCHEN CABINETS, NEWER DISHWASHER, NEWER CENTRAL AC. Tenants are with Month to Month lease. Kenneth City is within the north-west part of St. Petersburg and is approximately 7 miles away from each Madeira Beach and St Pete Beach. Buy this Duplex with Triplex together; listing MLS # for Triplex is U8209371. MORE PICTURES ARE COMING IN, PLEASE CHECK AGAIN LATER.
The median home value in Saint Petersburg, FL is $152,700. This is lower than the county median home value of $235,300. The national median home value is $219,700. The average price of homes sold in Saint Petersburg, FL is $152,700. Approximately 53.91% of Saint Petersburg homes are owned, compared to 22.04% rented, while 24.05% are vacant. Saint Petersburg real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Saint Petersburg real estate agent to arrange a tour today!
Saint Petersburg 33709 is less family-centric than the surrounding county with 20.3% of the households containing married families with children. The county average for households married with children is 21.56%.