$495,000
$629,900
21.4%For more information regarding the value of a property, please contact us for a free consultation.
8 Beds
5 Baths
2,256 SqFt
SOLD DATE : 07/28/2022
Key Details
Sold Price $495,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,256 sqft
Price per Sqft $219
Subdivision Taylors Sub
MLS Listing ID U8164199
Sold Date 07/28/22
Bedrooms 8
Construction Status Appraisal,Financing,Inspections
HOA Y/N No
Originating Board Stellar MLS
Year Built 1922
Annual Tax Amount $3,401
Lot Size 7,405 Sqft
Acres 0.17
Lot Dimensions 60x128
Property Description
This listing is for THREE Single Family homes on one lot in Beautiful St Petersburg, Fl. The owner of these homes has done an excellent job taking care of this incredible asset. There are three separate virtual tours available for each of these homes that clearly show how well maintained this property is.
547 29th Ave S, is a 3 bedroom 2 bath home, and in 2017 nearly the entire home was renovated from top to bottom by licensed contractors with permits. The upgrade of the windows, electrical, plumbing, subfloors, framing, paint, appliances, fixtures, water heater, central HVAC, and ductwork. The roof was replaced in 2020. This home is currently under rented on a month-to-month lease at $1,450 per month.
2824 6th Street South is a two-story house featuring 4 bedrooms and 2 bathrooms and is ideal to accommodate a large family. In 2011 the roof was replaced and then in 2020, a full cosmetic renovation was completed on this home that included flooring, A/C replacement, new fixtures, paint, wall texture, kitchen cabinets, bathroom cabinets, appliances, etc. Also in 2020 a new exterior stairway and balcony were installed (with a permit). This home is currently leased through the end of 2022 for $1795 a month which is far below market rent.
2828 6th Street South a one-story, 1 bedroom 1 bath bungalow would be ideal for vacationers who wish to rent by the month in a great area that’s close to shopping, beaches, and local attractions. In 2020 the roof was replaced (with permits). In the last year, a FULL cosmetic renovation was completed that included new flooring, paint, fixtures, a new AC unit, blinds, tile, cabinets, appliances, etc. This home is currently vacant (intentionally) so that the new owner can raise the rent on day one and procure a new tenant.
In order to significantly supercharge the cash flow of these units, simply furnish them and rent them by the month legally on Airbnb to tenants who are in the process of moving to Florida and need a nice place to call home while they conduct their forever home search.
Because the current owner did such an excellent job improving and maintaining this property there is nothing for the new owner to do but kick back and watch those rent checks roll in every month, so….what are you waiting for?
Location
State FL
County Pinellas
Community Taylors Sub
Direction S
Interior
Interior Features Ninguno, Split Bedroom
Heating Electric
Cooling Central Air, Wall/Window Unit(s)
Flooring Laminate, Tile, Wood
Fireplace false
Appliance Electric Water Heater, Range, Refrigerator
Laundry Inside
Exterior
Exterior Feature Sidewalk
Parking Features Common, Driveway, Off Street, Oversized
Utilities Available Cable Connected, Electricity Connected, Natural Gas Available, Public, Sewer Connected, Street Lights, Water Connected
Roof Type Built-Up, Shingle
Porch None
Attached Garage false
Garage false
Private Pool No
Building
Lot Description Corner Lot, City Limits, Oversized Lot, Sidewalk
Foundation Crawlspace, Stilt/On Piling
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Asbestos, Block, Concrete, Wood Frame
New Construction false
Construction Status Appraisal,Financing,Inspections
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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