Great St Petersburg investment

  • House
    1036 ft2
    bedroom 2 Bedrooms
    bathroom 1 Baths
  • Rental
    $85,000 0
    Status : Sold
    Year Built : 1926
 Description
This great high yield turnkey block construction turnkey house, centrally located, professionally managed since day 1 and very easy to rent year around to long-term tenants. Already rented to the same tenant for the last 5 years! (Currently paying only $800 a month, lease until May 2019).

Current rent rate for similar units in the area is $950 - $1,050
.
 The house features a large living room and dining area, newer bathroom and good size bedrooms. Plenty of storage space and a separate laundry room with washer and dryer.

Very spacious fenced yard with detached 2 car garage. Located in a very quiet upcoming neighborhood near Tropicana Field and downtown St Petersburg that has museums, restaurants, movie theaters and lots of nightlife and a quick drive to St Pete Beach. This home is currently tenant occupied so please do not disturb the tenants.

 Rehab Work Needed
 General Amenities
 Distance
Comparables (Comps.)

Comparable #1

2311 12th St S, Saint Petersburg, FL, USA, 33705

Sold : $87,000

 Summary

Overview
Great St Petersburg investment Sold
$85,000
Property ID: 5b9bf76ccbbba
Address: Login to View
City: Saint Petersburg
State/Province: FL
Zip Code: 33705
Country: USA


Rental Analysis

+ Purchase Price: $85,000
+ Purchase Closing Cost: $1,700
+ Rehab Cost: $0
Total Acquisition Cost: $86,700


Monthly Rent: $800
+ Annual Potential Rent: $9,600
- Vacancy (0%): $0
Annual Gross Income: $9,600
Annual Gross ROI: 11.07%


 Message

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