1901 3rd Street S, St Petersburg, FL 33705

$749,000
7
BD
5
BA
3,312
SqFt

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List Price
$749,000
Status
Active
Days on Market
0
MLS#
TB8551233
Property Style
Quadruplex
Year Built
1945
Bedrooms
7
Bathrooms
5
Living Area
3,312
Lot Size
7,126
Acres
0.16
Total Acreage
0 to less than 1/4
Legal Subdivision Name
Rouslynn
MLS Area Major
St Pete

Property Description

Turnkey income in Old Southeast — two buildings, four rental units, and a courtyard trailer for owner or additional income. Fully occupied and producing $7,450/month ($89,400 annually) from day one, No waiting for cash flow. Solar panels on main home and paid for. Three new AC units — permitted and elevated to meet flood insurance elevation standards. The Location can't be beat! The Old Southeast is St. Pete's Artist Enclave — roughly 20 working studios, brick streets, hexagon-block sidewalks, laurel oaks, and a resident flock of wild green parrots. Lassing Park's 12.5 bayfront acres sit a few blocks east for kayaking, paddleboarding, fishing and sunrise over Tampa Bay. Walk to USF St. Petersburg and to downtown — the Pier, Beach Drive, the Dalí, Saturday Morning Market. The Chattaway and Old Southeast Market are neighborhood institutions around the corner. That walkability is the investment case: a campus, a bayfront park and a downtown core all within reach means a renter pool that renews itself. Tenants here don't need a car, and they don't leave. Four doors, fully leased, in a neighborhood people wait years to buy into. Call today for more details.

Additional Information

Taxes
$6865
Community Features
No Deed Restriction
Interior Layout
Eat-in Kitchen, Living Room/Dining Room Combo
Interior Features
Eat-in Kitchen, Living Room/Dining Room Combo
Utilities
BB/HS Internet Available, Cable Available, Electricity Available, Electricity Connected, Sewer Connected
Heating
Central, Electric
Air Conditioning
Central Air
Exterior Construction
Block, Frame
Exterior Features
Courtyard, Private Entrance, Private Mailbox
Roof
Shingle
Foundation
Crawlspace, Slab
Pool
No Pool
Flood Zone Code
AE
Parcel ID
30-31-17-77184-011-0070
Legal Description
ROUSLYNN BLK 11, LOT 7

Listing courtesy of DHM REAL ESTATE GROUP LLC. 727-316-5100

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