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905 JAMES AVENUE S

Multi-family For Sale
$324,900

BTC: 3.05805188

ETH: 80.92154421

New
0 room(s)
1,402 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

Prime Investment Opportunity in St. Petersburg, FL PROPERTY HIGHLIGHTS....This unique single-family home is an investor’s dream, offering 3 distinct rental units. Each unit is currently occupied by high-quality, reliable tenants. Situated in a high-demand, transitional neighborhood that’s rapidly appreciating on a large lot. This property is perfect for those seeking long-term growth and steady income......... All major furnishings & appliances are the owner’s and will convey. Tenants’ items DO NOT convey. The side unit has a washer & dryer and the other 2 units share a washer & dryer. Each unit has 1 off street parking space. Roof 2024, Hot-water Heater 2023, Termite Treatment 2022. ANNUAL LEASES IN PLACE..... NOT in a flood zone..... HUGE LOCATION POTENTIAL Located just under a mile from vibrant downtown St. Petersburg, this property offers unparalleled convenience. This prime location ensures that residents have convenient access to cultural, recreational, and essential services while also being close to grocery stores, shopping and amazing restaurants. This enhances the property's appeal to potential tenants. INVESTOR BENEFITS * Turnkey income: With three excellent, annual lease tenants already in place, enjoy immediate cash flow.... * Rapid appreciation: The neighborhood’s ongoing transformation adds significant potential for equity growth.... * Low vacancy risk: The location ensures consistent demand.... * Current GROSS INCOME $51,600......NET INCOME $32,985.... * CAP Rate 10 percent..... Whether you're a seasoned investor or new to the market, this property offers the perfect combination of LOCATION, STABILITY, and GROWTH POTENTIAL. Secure your investment opportunity today! .......Contact us now for more details or to schedule a private tour!

Location

Facts and features

Type:
Residential Income
Parking:
No Data
Year Built:
1925
Lot:
0.10 Acres
Heating:
Central
Price/sqft:
$232
Cooling:
Central Air
HOA:
No Data
All facts and features
  • Heating

    • Central

    Cooling

    • Central Air

    Other interior features

    • Ceiling Fan(s)

  • Property

    • Exterior Features: Fenced

    Lot

    • Lot: 0.10 Acres

    Other Property Information

    • Parcel Number: 253116312480000030

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Triplex

  • Utility

    • Cable Connected

    • Electricity Connected

    • Water Connected

  • Other financial information

    • Annual tax amount: $2,522

  • Source details

    • MLS ID: TB8330624

    Other facts

    • Construction Materials: Wood Frame (FSC Certified)

    • Foundation Details: Crawlspace

    • Laundry Features: Laundry Room / Outside

    • Patio And Porch Features: Rear Porch

    • Living Area: 1402

    • Water Source: Public

    • Lot Size Dimensions: 44 x 55

    • Subdivision Name: GLENWOOD HEIGHTS

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: EXP REALTY LLC