Hard-to-find turnkey cash-cow triplex in a peaceful, rapidly appreciating pocket of St. Pete. The owner's early retirement offers you the rare chance to snatch up this well-maintained income-producing triplex for well below market value. Live in one of the three spacious units: one 2-bed/2-bath and two 1-bed/1-baths, and rent the others out for ample passive income. So what makes this place so special? 1) All units well maintained with absolutely no major issues. Cosmetic repairs recently made where needed. 2) Oversized .25 acres lot with plenty of space for parking. Large space between buildings with potential to add a 4th unit. 3). Long term tenants in place - two units on leases, one month to month. 4) High and dry elevated lot, unaffected by recent storms. Non-flood zone. 5) Quiet low-traffic street in a great location. Close to shopping, dining, schools, and entertainment. Just minutes from major highways and commuter routes, 10 minutes from downtown St. Pete, and seconds from the beautiful Sawgrass Lake Park, featuring walking trails, elevated boardwalks, wildlife viewing, and more. Investor notes: LTR: 3,100 / mo current, 3,500 - 3,700 potential w/o updates. Very little nearby competition. Low-maintenance, income-producing, and no storm damage. Easy to show. No HOA/CDD. Feel free to soft pitch before writing anything up. MLS info sheet and disclosures available. No assignable contracts accepted.
| MLS # | TB8456013 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | For-sale |
| Status | Active |
| Year | 1950 |
| Days On Site | 323 |
| Listing Provided By | RICHARD PETERS REALTY LLC | Alexander Izikson |
| Bed(s) | 4 |
|---|---|
| Bath(s) | 4 |
| SQ Feet | 1,666 |
| Units | 3 |
| Zoning | R-4 |
| Acreage | 0.25 |
| Property | 5483 |
|---|
| State | FL |
|---|---|
| County | Pinellas |
| City | ST PETERSBURG |
| Zip Code | 33714 |
| Area | 33714 St Pete |
| Listing VS Median (in 33714) | |
Price: $457,000 low | high Med: $250,000 sqft: 1,666 low | high Med: 1,008 $ / sqft: $274 low | high Med: $248 On site: 323 low | high Med: 115 | |
| State | FL |
|---|---|
| County | Pinellas |
| City | ST PETERSBURG |
| Zip Code | 33714 |
| Area | 33714 St Pete |
| Listing VS Median (in 33714) | |
Price: $457,000 low | high Med: $250,000 sqft: 1,666 low | high Med: 1,008 $ / sqft: $274 low | high Med: $248 On site: 323 low | high Med: 115 | |