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Key Details
Sold Price $332,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,901 sqft
Price per Sqft $174
Subdivision Glenside Sub
MLS Listing ID U8084488
Sold Date 06/17/20
HOA Y/N No
Year Built 1960
Annual Tax Amount $4,186
Lot Size 9,583 Sqft
Acres 0.22
Property Description
INVESTORS DELIGHT! LARGE FOSSIL PARK DUPLEX! The highly sought after Fossil Park neighborhood and it's duplexes rarely come to market. Your chance to purchase this recently updated and well maintained income producing duplex in desirable NorthEast St Petersburg is here. PRICED at a profitable 8% CAP RATE, with immediate upside potential to 8.5%!!! Located just minutes from Downtown St Pete, craft kitchen restaurants, retail, the USF St Pete Campus and walking distance to the Northeast Trail. Options and opportunities await you! Live in one unit while enjoying rental income from the other, or lease both units and yield an 8-9% cap rate! The smaller unit currently has a 12 month lease at $1,400.00/Month and does not expire until April 2021. The larger unit is vacant and can rent for $1,600-$1,700/Month. This is one of the largest duplexes in the Fossil Park area and is situated on an oversized corner lot. Both sides feature plenty of space with three (3) Bedrooms and one (1) Bath, covered carport parking, private laundry room(s), ample storage, updated kitchens and bathrooms, new paint, updated landscaping, New water heaters and a New HVAC. Enjoy a comfortable morning or evening from the privacy of a newly fenced in back yard. Have a boat or RV? There's even a large parking pad for either of those as well. As cities and states begin to open and the housing market heats up, don't delay. Move in, or put your money to work for you and make income while you sleep before Summer!
Location
State FL
County Pinellas
Community Glenside Sub
Zoning DUPLEX
Direction N
Rooms
Other Rooms Attic, Great Room
Interior
Interior Features Ceiling Fans(s), Eat-in Kitchen, Window Treatments
Heating Central
Cooling Central Air
Flooring Ceramic Tile, Hardwood, Laminate
Fireplace false
Appliance Electric Water Heater, Microwave, Range, Range Hood, Refrigerator, Washer
Laundry In Garage
Exterior
Exterior Feature Fence
Parking Features Boat, Covered, Parking Pad
Community Features None
Utilities Available Cable Available, Cable Connected, Electricity Connected, Fire Hydrant, Public, Water Connected
Roof Type Shingle
Porch Front Porch, Rear Porch
Garage false
Private Pool No
Building
Lot Description Corner Lot, FloodZone, City Limits, Near Public Transit, Sidewalk, Paved
Entry Level One
Foundation Slab
Lot Size Range Up to 10,889 Sq. Ft.
Sewer Public Sewer
Water Public
Structure Type Block
New Construction false
Schools
Elementary Schools Lynch Elementary-Pn
High Schools Northeast High-Pn
Others
Pets Allowed Yes
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional, VA Loan
Membership Fee Required None
Listing Terms Cash, Conventional, VA Loan
Special Listing Condition None
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Bought with CHARLES RUTENBERG REALTY INC