5682 63rd Lane N, Kenneth City, FL 33709

$254,000
3
BD
1
BA
1,086
SqFt

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List Price
$254,000
MLS#
TB8547219
Type
Single Family Residential
Property Style
Single Family
Bedrooms
3
Bathrooms
1
Living Area
1,086
Lot Size
6,647
Subdivision
Jefferson Manor 1st Add
Year Built
1962

Property Description

Tenant-occupied investment opportunity in St. Petersburg offering immediate in-place rental income. This 3-bedroom, 1-bathroom single-family residence features approximately 1,086 square feet and is currently leased at $2,010 per month. The property provides an opportunity to acquire an established rental asset individually or alongside a larger collection of income-producing homes. 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.

Additional Information

Community Features
No Deed Restriction
Exterior Construction
Block
Style
One Story
Interior
Ceiling Fans(s)
Interior Features
Ceiling Fans(s)
Appliances
Cooktop, Range, Refrigerator
Exterior
None
Roof
Shingle
Utilities
Cable Connected, Electricity Connected, Sewer Connected, Water Connected
Floor
Tile, Vinyl
Heating
Central, Electric
Cooling
Central Air
Pool Type
No Pool

Listing courtesy of COMPASS FLORIDA LLC.

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