1901 3rd Street S, St Petersburg, FL 33705
- $749,000
- 7
- BD
- 5
- BA
- 3,312
- SqFt
- List Price
- $749,000
- MLS#
- TB8551233
- Type
- Multifamily
- Bedrooms
- 7
- Bathrooms
- 5
- Living Area
- 3,312
- Lot Size
- 7,126
- Subdivision
- Rouslynn
- Year Built
- 1945
Property Description
Turnkey income in Old Southeast — two buildings, four rental units, and a courtyard trailer for owner or additional income. Fully occupied and producing $7,450/month ($89,400 annually) from day one, No waiting for cash flow. Solar panels on main home and paid for. Three new AC units — permitted and elevated to meet flood insurance elevation standards. The Location can't be beat! The Old Southeast is St. Pete's Artist Enclave — roughly 20 working studios, brick streets, hexagon-block sidewalks, laurel oaks, and a resident flock of wild green parrots. Lassing Park's 12.5 bayfront acres sit a few blocks east for kayaking, paddleboarding, fishing and sunrise over Tampa Bay. Walk to USF St. Petersburg and to downtown — the Pier, Beach Drive, the Dalí, Saturday Morning Market. The Chattaway and Old Southeast Market are neighborhood institutions around the corner. That walkability is the investment case: a campus, a bayfront park and a downtown core all within reach means a renter pool that renews itself. Tenants here don't need a car, and they don't leave. Four doors, fully leased, in a neighborhood people wait years to buy into. Call today for more details.
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Additional Information
- Community Features
- No Deed Restriction
- Style
- Quadruplex
- Interior
- Eat-in Kitchen, Living Room/Dining Room Combo
- Interior Features
- Eat-in Kitchen, Living Room/Dining Room Combo
- Exterior Construction
- Block, Frame
- Exterior
- Courtyard, Private Entrance, Private Mailbox
- Roof
- Shingle
- Utilities
- BB/HS Internet Available, Cable Available, Electricity Available, Electricity Connected, Sewer Connected
- Heating
- Central, Electric
- Cooling
- Central Air
- Pool Type
- No Pool
Listing courtesy of DHM REAL ESTATE GROUP LLC.
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