Active

$434,900

Features:
  • 4 Bedrooms
  • 2 Bathrooms
  • 1181 sq ft
Overview
  • ID: MFRTB8377476
  • Bedrooms: 4
  • Bathrooms: 2
  • Size: 1181 sq ft
Property Details
Remarks
Furnished Duplex in Magnolia Heights — Solid Returns & Location Perks……. Tired of playing the stock market rollercoaster? Here’s your off-ramp. This furnished duplex in the desirable Magnolia Heights neighborhood of St Petersburg, FL, is your chance to own a solid, income-producing property that meets the 1% rule. Yes, that mythical benchmark investors dream of. No smoke, no mirrors—just steady cash flow in a neighborhood on the rise……. Long-term rents historically pulled in $3,925/month, with mid-term reaching $4,500/month.....Both units are currently vacant and furnished, so you can start earning income the minute the ink dries……….. This property isn't fancy and will need some updating over the years, but it’s effective and it works just as it is. Currently there are updated kitchens, durable luxury vinyl floors (2022), separate mini split and central HVAC setups (2022), a newer roof (2021), and a termite tenting already handled (2022). One electric and one water meter keeps things simple……. Live in one, rent the other. Rent both. Or knock it down and build your own Magnolia Heights dream home on this oversized lot that is just two doors down from million-dollar new construction homes. That’s the kind of flexibility investors and future homeowners *actually* want and need……. No flood zone. No nonsense. Just high-and-dry, Florida living a stone’s throw from: …..Vibrant downtown St. Pete’s museums, shops, music, sports & dining ……Trader Joe’s, Whole Foods, Publix, The Blend Coffee & Wine Bar, craft breweries, and more …..Easy access to our Gulf Coast: Fort De Soto and Pass-a-Grille beaches ….Whether you’re an investor, house hacker, or long-term planner, this one’s got options—and income—from day one. ….This neighborhood is elevating fast and shows no signs of slowing down. Be sure to book your appointment today.
Financial Considerations
Price:
$434,900
HOA Fee:
N/A
Tax Amount:
$5187.05
Price per SqFt:
$368.25
Tax Legal Description:
HUDSON CITY SUB REV REP BLK B, LOT 22
Exterior Features
Lot Size:
6098
Lot Features:
Near Golf Course, Near Marina, Near Public Transit
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
4
Bathrooms:
2
Heating:
Central
Cooling:
Central Air, Ductless
Appliances:
Dishwasher, Range Hood, Refrigerator
Furnished:
Yes
Floor:
Luxury Vinyl
Levels:
Multi/Split
Additional Features
Property Sub Type:
Duplex
Style:
N/A
Year Built:
1933
Construction Type:
Frame
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
Fence, Lighting
Additional Features 2:
See city of St Petersburg rental rules and regulations
Map
  • Address
    3651 15TH ST N
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