726 75th Avenue N, St Petersburg, FL 33702

$342,000
3
BD
2
BA
1,238
SqFt

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List Price
$342,000
Status
Active
Days on Market
0
MLS#
TB8547218
Property Style
Single Family
Year Built
1960
Bedrooms
3
Bathrooms
2
Living Area
1,238
Lot Size
7,623
Acres
0.18
Total Acreage
0 to less than 1/4
Legal Subdivision Name
Mullers Sub
MLS Area Major
St Pete

Property Description

Strong income-producing opportunity in St. Petersburg. This tenant-occupied 3-bedroom, 2-bathroom single-family home encompasses approximately 1,250 square feet and currently generates $2,710 per month in rental income, the highest monthly rent among the seven single-family assets in the portfolio. An established tenant provides immediate income for an incoming investor. INVESTOR & PORTFOLIO OPPORTUNITY: This property is tenant occupied and is being offered as part of a larger portfolio of income-producing residential properties throughout Pinellas County. The single-family portfolio is being offered at pricing structured to provide an approximately 6.5% capitalization rate based on current rents and portfolio underwriting assumptions. Seller is seeking investor interest in the acquisition of the entire portfolio, although individual offers may also be considered. Please do not disturb tenants.

Additional Information

Taxes
$4282
Minimum Lease
No Minimum
Community Features
No Deed Restriction
Property Description
One Story
Interior Layout
Ceiling Fans(s)
Interior Features
Ceiling Fans(s)
Floor
Tile, Vinyl
Appliances
Cooktop, Range, Refrigerator
Utilities
Cable Connected, Electricity Connected, Sewer Connected, Water Connected
Heating
Central, Electric
Air Conditioning
Central Air
Exterior Construction
Block
Exterior Features
None
Roof
Other
Foundation
Slab
Pool
No Pool
Flood Zone Code
AE
Parcel ID
30-30-17-59400-000-0080
Legal Description
MULLER'S SUB LOT 8

Listing courtesy of COMPASS FLORIDA LLC. 727-380-2067

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Calculator source: Real Geeks

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