Active

$269,900

Features:
  • 3 Bedrooms
  • 1 Bathrooms
  • 1140 sq ft
Overview
  • ID: MFRTB8535169
  • Bedrooms: 3
  • Bathrooms: 1
  • Size: 1140 sq ft
Property Details
Remarks
WELCOME TO INCOME-PRODUCING REAL ESTATE IN SOUTH ST. PETERSBURG! Fantastic opportunity to acquire a turnkey, income-producing single-family rental with an established Section 8 tenant already in place. The property is currently leased on an annual basis, providing immediate rental income from day one, with the tenant responsible for all utilities. Even better for investors looking to scale: this home is one of seven income-producing single-family properties being offered for sale by the same owner. Purchase this property individually or explore the opportunity to acquire all seven as a portfolio, creating a substantial existing annual income stream across multiple properties in South St. Petersburg. The properties have been professionally managed, and property management is available if desired, making this an attractive opportunity for both local and out-of-area investors seeking an established rental portfolio. This three-bedroom, one-bathroom home offers a functional floor plan designed for long-term rental appeal. With durable construction, comfortable living spaces, and a layout that continues to attract tenant demand, the property is well suited for investors looking to expand their portfolio with a stable, income-producing asset. Ideally located in South St. Petersburg, the home is just minutes from downtown St. Petersburg, I-275, the Warehouse Arts District, the Pinellas Trail, and close proximity to many of the city's most sought-after Fundamental and District Application Program(DAP) schools. Its proximity to major shopping, dining, parks, and entertainment enhances its long-term rental desirability while offering convenient access throughout Pinellas County. Please do not disturb the tenant. Showings are by appointment only and subject to tenant occupancy. Also available individually as part of this 7-property St. Petersburg investment portfolio: TB8535987 – 791 35th Ave S; TB8534657 – 2621 6th St S; TB8535980 – 1120 11th Ave S; TB8535101 – 1430 14th Ave S; TB8534682 – 1440 Prescott St S; TB8535169 – 1944 12th Ave S; TB8535157 – 4419 18th Ave S.
Financial Considerations
Price:
$269,900
HOA Fee:
N/A
Tax Amount:
$2920.43
Price per SqFt:
$236.75
Tax Legal Description:
ARTIS SUB, DELIA LOT 3
Exterior Features
Lot Size:
7261
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
3
Bathrooms:
1
Heating:
Central
Cooling:
Central Air
Appliances:
N/A
Furnished:
No
Floor:
N/A
Levels:
N/A
Additional Features
Property Sub Type:
Duplex
Style:
N/A
Year Built:
1925
Construction Type:
Stucco, Frame
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
Private Yard
Additional Features 2:
N/A
Map
  • Address
    1944 12TH AVE S
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