1501 Newark Street S, St Petersburg, FL 33711
- $297,000
- 5
- BD
- 2
- BA
- 1,174
- SqFt
- Sold Price
- $297,000
- List Price
- $315,000
- Status
- Sold
- Days on Market
- 96
- Closing Date
- May 27, 2025
- MLS#
- TB8339777
- Property Style
- Duplex
- Property Condition
- Completed
- Year Built
- 1925
- Bedrooms
- 5
- Bathrooms
- 2
- Living Area
- 1,174
- Lot Size
- 4,844
- Acres
- 0.11
- Total Acreage
- 0 to less than 1/4
- Legal Subdivision Name
- Richardsons W E
- MLS Area Major
- St Pete/Gulfport
Property Description
DON'T MISS OUT ON THIS REMARKABLE INVESTMENT OPPORTUNITY! This spacious 4-bedroom, 1-bathroom main house is currently rented out for an impressive $2,400 per month, providing a solid income stream. Additionally, the property features a detached 1-bedroom, 1-bath unit that is rented for $1,194 per month. In total, this reliable income producing property with Housing Authority tenants in place is bringing-in an impressive $3,594 per month. Both units have separate water and electric meters, ensuring tenants cover their own utility costs. With cosmetic renovations completed in the last two years and essential systems like the HVAC, and water heater estimated to be just 3-5 years old, this property is ready for you to reap the rewards. Act quickly to make this lucrative investment yours!
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Additional Information
- Taxes Annual
- $3781
- Annual Gross Income
- 43128
- Community Features
- No Deed Restriction
- Property Description
- One Story
- Interior Layout
- Ceiling Fans(s), Solid Surface Counters, Solid Wood Cabinets, Thermostat
- Interior Features
- Ceiling Fans(s), Solid Surface Counters, Solid Wood Cabinets, Thermostat
- Floor
- Tile
- Utilities
- Cable Connected, Electricity Connected, Sewer Connected, Water Connected
- Heating
- Central, Electric
- Air Conditioning
- Central Air
- Exterior Construction
- Frame
- Exterior Features
- Private Mailbox, Sidewalk
- Roof
- Shingle
- Foundation
- Crawlspace, Pillar/Post/Pier
- Pool
- No Pool
- Flood Zone Code
- X
- Parcel ID
- 27-31-16-74646-000-1210
- Legal Description
- RICHARDSON'S, W. E. LOT 121 LESS ST
Listing courtesy of INSTA REAL ESTATE SOLUTIONS. 813-586-0654
Selling Office: EXP REALTY LLC.Mortgage Calculator
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