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Fiormarie Binet

fiormariebinet.realtor@gmail.com +1(386) 488-1371

$ 342,000

Est. payment | -/mo

3 Beds

2 Baths

1,238 SqFt

Save

$ 342,000

Est. payment | -/mo

Save

3 Beds

2 Baths

1,238 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,238 sqft

Price per Sqft $276

Subdivision Mullers Sub

MLS Listing ID TB8547218

Bedrooms 3

Full Baths 2

HOA Y/N No

Year Built 1960

Annual Tax Amount $4,282

Lot Size 7,840 Sqft

Acres 0.18

Lot Dimensions 60x127

Property Sub-Type Single Family Residence

Source Stellar MLS

Property Description

Strong income-producing opportunity in St. Petersburg. This tenant-occupied 3-bedroom, 2-bathroom single-family home encompasses approximately 1,250 square feet and currently generates $2,710 per month in rental income, the highest monthly rent among the seven single-family assets in the portfolio. An established tenant provides immediate income for an incoming investor. INVESTOR & PORTFOLIO OPPORTUNITY: This property is tenant occupied and is being offered as part of a larger portfolio of income-producing residential properties throughout Pinellas County. The single-family portfolio is being offered at pricing structured to provide an approximately 6.5% capitalization rate based on current rents and portfolio underwriting assumptions. Seller is seeking investor interest in the acquisition of the entire portfolio, although individual offers may also be considered. Please do not disturb tenants.

Location

State FL

County Pinellas

Community Mullers Sub

Area 33702 - St Pete

Direction N

Interior

Interior Features Ceiling Fans(s)

Heating Central, Electric

Cooling Central Air

Flooring Tile, Vinyl

Furnishings Unfurnished

Fireplace false

Appliance Cooktop, Range, Refrigerator

Laundry Inside

Exterior

Exterior Feature None

Utilities Available Cable Connected, Electricity Connected, Sewer Connected, Water Connected

View Y/N No

Water Access No

Roof Type Other

Exposure North

Garage false

Private Pool No

Building

Story 1

Entry Level One

Foundation Slab

Lot Size Range 0 to less than 1/4

Sewer Public Sewer

Water Public

Structure Type Block

New Construction false

Others

Senior Community No

Ownership Fee Simple

Special Listing Condition None

Listed by Zach Steinberger COMPASS FLORIDA LLC

Schools and Properties Nearby

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(386) 488-1371

fiormariebinet.realtor@gmail.com

3700 34th St, Orlando, FL 32805, USA

Learn More About LPT Realty

726 75TH AVE N St Petersburg, FL 33702