Triplex investment property with $5,400 in gross monthly income, located on a double lot with one vacant parcel. Buildable lot letter pending. The front structure consists of a four-bedroom bungalow, while the rear alley-accessed building is a two-story duplex with two-bedroom, one-bath units. One unit is leased month-to-month. Property features include shared on-site laundry and extensive rear parking. Updates include new roofs (2022), select new windows, fresh paint, and PVC plumbing. Insurance requirements include liability and flood coverage for both structures; elevation certificate provided to remove the main house from flood insurance. Property is located in an up-and-coming area of St. Petersburg near Bartlett Park, Old Southeast, and Downtown St. Pete.
Financial Considerations
Price:
$455,000
HOA Fee:
N/A
Tax Amount:
$8550
Price per SqFt:
$216.36
Tax Legal Description:
KERR ADD BLK 4, LOTS 19 AND 20
Exterior Features
Lot Size:
9261
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
8
Bathrooms:
3
Heating:
Electric
Cooling:
Central Air, Mini-Split Unit(s), Wall/Window Unit(s)