4502 9th Avenue S, St Petersburg, FL 33711
- $345,000
- 4
- BD
- 2
- BA
- 1,448
- SqFt
- Sold Price
- $345,000
- List Price
- $359,999
- Status
- Sold
- Days on Market
- 96
- Closing Date
- Apr 08, 2024
- MLS#
- T3486088
- Property Style
- Duplex
- Property Condition
- Completed
- Year Built
- 1925
- Bedrooms
- 4
- Bathrooms
- 2
- Living Area
- 1,448
- Lot Size
- 5,040
- Acres
- 0.11
- Total Acreage
- 0 to less than 1/4
- Legal Subdivision Name
- Vinsetta Park Annex
- MLS Area Major
- St Pete/Gulfport
Property Description
INVESTOR ALERT!... CAPTURE THIS IMMEDIATE HIGH CAP RATE of 11%(+)! This property presents a fantastic income-generating opportunity. Featuring a Single Family Home that consists of 3-bedroom, 1-bathroom ($2200 per month) and a Detached Unit that consists of 1-bedroom, 1-bathroom ($1600 per month). This well-maintained property is generating solid investment returns, with reliable Housing Authority tenants already in place! One of the standout features of this property is the additional square footage currently used for storage, allowing the new owner to explore the possibility of creating a third rental unit, further maximizing the investment potential. Both units have undergone updates to ensure tenant comfort and satisfaction and are on separate water & electric meters. Investing in this property means stepping into a turnkey opportunity with updated units that are cash flowing. Whether you're an experienced investor or just starting out, this property offers a solid foundation for long-term income growth. Don't miss out on this incredible investment opportunity!
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Additional Information
- Taxes Annual
- $2145
- Minimum Lease
- No Minimum
- Annual Gross Income
- 45600
- Community Features
- No Deed Restriction
- Property Description
- Split Level
- Zoning
- 0810
- Interior Layout
- Thermostat
- Interior Features
- Thermostat
- Floor
- Tile
- Appliances
- Electric Water Heater, Range, Refrigerator
- Utilities
- Electricity Connected, Sewer Connected, Water Connected
- Heating
- Electric, Wall Units / Window Unit
- Air Conditioning
- Central Air, Wall/Window Unit(s)
- Exterior Construction
- Wood Frame
- Exterior Features
- Other
- Roof
- Shingle
- Foundation
- Crawlspace
- Pool
- No Pool
- Garage Features
- Driveway
- Pets
- Allowed
- Flood Zone Code
- X
- Parcel ID
- 27-31-16-94266-000-0330
- Legal Description
- VINSETTA PARK ANNEX LOT 33
Listing courtesy of INSTA REAL ESTATE SOLUTIONS. 813-586-0654
Selling Office: KELLER WILLIAMS ST PETE REALTY.Mortgage Calculator
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