Property Description
Under contract-accepting backup offers. 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 Dalà, 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.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Central, Electric
Lot Size: 0.16 Acres
Roof Type: Shingle
Taxes: $6,865
Year Built: 1945
Square Feet: 3,312
Amenities
Eat-in Kitchen
Living Room/Dining Room Combo
Courtyard
Private Entrance
Private Mailbox
Feature Descriptions
Annual Net Income: 81600.00
Days on Site: 25
Directions: 4th ST South to 19th ST S. Turn Left on 19th ST S . Property on corner of 19th and 3rd st S. On right.
Exterior: Block, Frame
Flood Zone Code: AE
Foundation: Crawlspace, Slab
Home Warranty Y/N: No
Lot Dimensions: 0.16
Other Equipment: Private Entrance
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Quadruplex
Sewer: Public Sewer
Showing Instructions: Appointment Only, Call Listing Agent, No Lockbox, ShowingTime
Special Sale Provisions: None
Utilities: BB/HS Internet Available, Cable Available, Electricity Available, Electricity Connected, Sewer Connected
Water: Public
Water Access Y/N: No
Listed By / Shown By
Listed By
Agency Name: DHM REAL ESTATE GROUP LLC
Agency Contact: 727-316-5100
Shown By
Agent Name: Marc Loscalzo
Agent Phone: (904) 473-9035
Agency Title: Watson Realty Corp., REALTORS ®
Estimate Your Payment
Estimated Payment
$ 4,566.08 per month $3,775.54 Principal & Interest $572.08 Property Tax $218.46 Homeowner's InsuranceChange Payment Information
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1901 3rd Street S | MLS# TB8551233
This multi-family property located at 1901 3rd Street S, Saint Petersburg, FL 33705 is currently listed for sale with an asking price of $749,000. Search Saint Petersburg real estate on www.soldbyloscalzo.com today.