Active

$359,900

Features:
  • 2 Bedrooms
  • 2 Bathrooms
  • 1107 sq ft
Overview
  • ID: MFRTB8425755
  • Bedrooms: 2
  • Bathrooms: 2
  • Size: 1107 sq ft
Property Details
Remarks
Investment Opportunity – St. Petersburg Duplex This duplex offers a 15percent gross rent return (11percent net). Currently generating $3,000 monthly ($36,000 annually) with both units rented at $1,500 each, and estimated expenses of $650/month ($7,800 annually). This results in a solid Net Operating Income (NOI) of $28,200 annually. With an estimated Cap Rate between 8–9percent, this property presents an excellent investment opportunity in the growing St. Petersburg market. Both units have been fully remodeled, making them move-in ready or ideal for immediate rental. Contact me today to schedule a private showing and secure this investment opportunity.
Financial Considerations
Price:
$359,900
HOA Fee:
N/A
Tax Amount:
$3289.31
Price per SqFt:
$325.11
Tax Legal Description:
HARBORDALE SUB N 60FT OF LOTS 151 AND 152
Exterior Features
Lot Size:
6207
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
Curb Parking, Driveway
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
2
Bathrooms:
2
Heating:
Baseboard
Cooling:
Wall/Window Unit(s)
Appliances:
Electric Water Heater, Range, Refrigerator
Furnished:
No
Floor:
Wood
Levels:
N/A
Additional Features
Property Sub Type:
Duplex
Style:
N/A
Year Built:
1947
Construction Type:
Frame
Garage Spaces:
Yes
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
Balcony, Dog Run, Private Mailbox
Additional Features 2:
N/A
Map
  • Address
    2220 7TH ST S
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