Excellent cash flowing and investment opportunity just 5 minutes from Downtown St. Pete in the popular neighborhood of Uptown. The property offers three total units across two structures: a duplex building with top and bottom units and a detached garage apartment with a 2 bay garage underneath. The duplex building is comprised of two 2 bedroom, 1 bathroom units that have been updated and the bottom unit has its own fenced in front yard. The garage apartment is a studio layout and has its own private balcony off the back of the structure. The property has a full size shared laundry room with extra storage space. Additional property highlights include the spacious 2 car bay garages for storage or tenant use, driveway parking for 2 cars, and ample off-street parking. The property also has a dolphin mural on the side of the garage structure that fits in with the Uptown charm. Whether you choose to live in one unit and rent the rest or lease all three for maximum returns, this property is primed for strong passive income. Each unit is rented and has professional property management already in place and willing to continue. Located less than 5 minutes from Downtown St. Pete and under 30 minutes to both Downtown Tampa and the Gulf Beaches, this property offers tenants the perfect balance of lifestyle and convenience, ensuring consistent demand and easy leasing.
Financial Considerations
Price:
$675,000
HOA Fee:
N/A
Tax Amount:
$7945
Price per SqFt:
$436.05
Tax Legal Description:
KENNEDY'S SUB LOT 14 & LOT 13 LESS S 10FT THEREOF TOGETHER WITH LOT 6 OF A.J. WEAVER'S SUB