INVESTOR ALERT! 3 RENTED UNITS | $5,802/MO RENT | NEW ROOF, A/C & WATER HEATERS! **Opportunity is knocking in St. Petersburg!** This income-producing multi-family property features **three rented units**, established rental income, and major recent upgrades. **Unit A:** 3/1 - $1,900/mo - 1-year lease, recently renewed **Unit B:** 2/1 - $1,902/mo - approximately 8 months remaining **Unit C:** 2/1 - $2,000/mo - month-to-month **Recent Upgrades:** New roof (2023), new A/C (2023), new water heaters (2023), plus plumbing and electrical updates (2018). **Current Expenses:** Property taxes $5,958.54/year; insurance approximately $4,000/year; electricity approximately $3,360/year; water approximately $2,160/year. Repairs and maintenance are variable. Owner currently pays water and electricity for the **two rear apartments**. Tenant in the main house pays their own utilities. With **three occupied units and $5,802 in current monthly rental income**, this property offers an established income stream with significant improvements already completed. Schedule your showing today!**
| MLS # | TB8549912 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | For-sale |
| Status | Active |
| Year | 1948 |
| Days On Site | 31 |
| Listing Provided By | FLORIDA REAL ESTATE ASSOCIATES | Matt Young |
| Bed(s) | 7 |
|---|---|
| Bath(s) | 3 Total |
| SQ Feet | 2,097 |
| Story(s) | 1 |
| Acreage | 0.12 |
| Property | 6206 |
|---|
| State | FL |
|---|---|
| County | Pinellas |
| City | ST PETERSBURG |
| Zip Code | 33705 |
| Area | 33705 St Pete |
| Community Name | GROVE HEIGHTS ANNEX |
| School District | Lakewood High-PN |
| Elementary School | Lakewood Elementary-PN |
| High School | Lakewood High-PN |
| Listing VS Median (in GROVE HEIGHTS ANNEX) | |
Price: $585,000 low | high Med: $585,000 sqft: 2,097 low | high Med: 2,097 $ / sqft: $279 low | high Med: $279 On site: 31 low | high Med: 31 | |
| State | FL |
|---|---|
| County | Pinellas |
| City | ST PETERSBURG |
| Zip Code | 33705 |
| Area | 33705 St Pete |
| Community Name | GROVE HEIGHTS ANNEX |
| School District | Lakewood High-PN |
| Elementary School | Lakewood Elementary-PN |
| High School | Lakewood High-PN |
| Listing VS Median (in GROVE HEIGHTS ANNEX) | |
Price: $585,000 low | high Med: $585,000 sqft: 2,097 low | high Med: 2,097 $ / sqft: $279 low | high Med: $279 On site: 31 low | high Med: 31 | |