Active

$229,000

Features:
  • 3 Bedrooms
  • 1 Bathrooms
  • 936 sq ft
Overview
  • ID: MFRTB8411286
  • Bedrooms: 3
  • Bathrooms: 1
  • Size: 936 sq ft
Property Details
Remarks
EXCEPTIONAL INVESTMENT OPPORTUNITY | IMMEDIATE CASH FLOW | TURNKEY ST. PETERSBURG GEM Welcome to your next smart investment in St. Petersburg's coveted 33701 zip code. This impeccably maintained 3-bedroom, 1-bathroom single-family home isn't just another property – it's an income-generating powerhouse already delivering $2,210 monthly with a rock-solid Housing Authority tenant in place. WHAT MAKES THIS A MUST-HAVE INVESTMENT: *Immediate Positive Cash Flow** – $26,520 annual rental income from day one *Zero Downtime** – Existing qualified tenant with an annual lease already in place *Move-In Ready Condition** – All updates completed, no renovation headaches *Prime Location** – Heart of St. Petersburg's thriving rental market # RECENTLY COMPLETED UPGRADES: The sellers have done all the work for you! The property features: * Fresh interior and exterior paint throughout (no touch-ups needed!) * Stylish modern flooring upgrades throughout * Updated kitchen cabinets that tenants love * Contemporary fixtures adding market appeal * Central AC/heating system ensuring year-round tenant comfort YOUR DUE DILIGENCE? ALREADY DONE! * Satisfactory 4-point inspection report. * Current wind mitigation report. * Verification of rental income and lease terms THE NUMBERS THAT MAKE SENSE: In today's uncertain market, this property delivers certainty: * $2,210 monthly income stream * $26,520 annual rental revenue * Stable, qualified tenant with housing authority backing * No immediate capital improvements needed PERFECT MATCH FOR: * First-time investors seeking immediate positive returns * Seasoned investors expanding their cash-flowing portfolio * 1031 exchange buyers needing quick, qualified placement * Out-of-state investors wanting hands-off Florida real estate St. Petersburg's rental market continues to outperform expectations with demand consistently exceeding supply. Properties like this – already generating income, recently updated, and requiring minimal management – simply don't last in this market. *Don't just consider this opportunity – SEIZE IT before another savvy investor does!* This turnkey investment with immediate cash flow won't be available long!
Financial Considerations
Price:
$229,000
HOA Fee:
N/A
Tax Amount:
$2985.71
Price per SqFt:
$244.66
Tax Legal Description:
LAUGHNER'S EXTENSION OF KERR ADD BLK 10, LOT 19
Exterior Features
Lot Size:
6787
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:
Range, Refrigerator
Furnished:
No
Floor:
Laminate
Levels:
One
Additional Features
Property Sub Type:
Single Family Residence
Style:
N/A
Year Built:
1924
Construction Type:
Other
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
East
Pets Allowed:
No
Special Condition:
None
Additional Features:
Lighting
Additional Features 2:
N/A
Map
  • Address
    1725 FREEMAN ST S
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