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1015 LOCUST STREET NE

Multi-family Active With Contract
$995,000

BTC: 16.18286935

ETH: 341.38592392

7 days
5 bds
2,279 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

Under contract-accepting backup offers. ATTACHMENT IN MLS / 100% Occupied - Excellent Cash Flow and Investment Opportunity without the worries of upkeep. Beautifully renovated on 10/21/2021 located in Historic Old North East is a great opportunity to expand or start your investment portfolio. With close proximity to Downtown St Petersburg (Bayshore Drive and Central Ave). this property is great for capitalizing on all that St. Pete has to offer. With mid term or long term rental possibility each unit offers comfortable and functional living spaces, providing an excellent opportunity for rental income. The well-designed floor plans maximize the use of space and provide a cozy atmosphere. Accompanied by numerous attractive features, such as NEWER Storm grade windows, fully remodeled kitchens encompassed with stainless steel appliances, quartz counter tops, and soft close cabinets to round off these kitchen areas. The elegantly remodeled bathrooms for this property provide a gentle aired touch of comfort and sophistication for tenants while easy to maintain for the landlord. Residents will enjoy other benefits such as well appointed closet space (some walk-in-closets) and the rare benefit for the area of covered parking in the rear of the property when needing to use their vehicles for travel or useful as private storage for tenants. Having the additional parking available on-street, and parking spaces off-street this property offers and clears any parking concerns one may have. With an immediate abundance of amenities nearby in Downtown St. Pete and being blocks from Vinoy Park, tenants are able capitalize on the ultra desirable location by biking or walking to their desired destinations. Such desirabilities would be sipping an almond mocha at black Crow Coffee Shop or taking a leisurely stroll to Vinoy Park and crack open a favorite novel on The Bay. Drop by for all-you-can-eat shrimp at 4th Street Shrimp Store before walking it off downtown to enjoy a libation, just in time for happy hour. Residents will also enjoy being a short distance away from local shops, entertainment and other restaurants in the area. With additional benefits such as access to major roads, providing quick connections to the surrounding Bay Area, Business Districts, Marina’s, and Beaches this property features the location, highlighted by the upgrades throughout the property and and presents and presents a great cash flow opportunity for those looking to purchase as investment or live in one unit and rent the others.

Location

Facts and features

Type:
Residential Income
Parking:
Covered / Curb Parking / Driveway / Ground Level / Guest / Off Street / On Street / Under Building
Year Built:
1936
Lot:
0.15 Acres
Heating:
Central / Electric
Price/sqft:
$437
Cooling:
Central Air
HOA:
No Data
All facts and features
  • Flooring

    • Tile

    • Hardwood

    Heating

    • Central

    • Electric

    Cooling

    • Central Air

    Appliances

    • Built-In Oven

    • Dishwasher

    • Microwave

    • Refrigerator

    Other interior features

    • Ceiling Fan(s)

    • Eating Space In Kitchen

    • Kitchen/Family Room Combo

    • Living Room/Dining Room Combo

    • Open Floorplan

    • Primary Bedroom Main Floor

    • PrimaryBedroom Upstairs

    • Thermostat

    • Vaulted Ceiling(s)

    Bedrooms and bathrooms

    • Bedrooms: 5

  • Parking

    • Covered

    • Curb Parking

    • Driveway

    • Ground Level

    • Guest

    • Off Street

    • On Street

    • Under Building

    Property

    • Levels: Two

    • Exterior Features: Balcony / French Doors / Lighting / Private Mailbox / Rain Gutters / Sidewalk / Storage

    Lot

    • Lot: 0.15 Acres

    Other Property Information

    • Parcel Number: 173117730980000011

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Triplex

  • Utility

    • BB/HS Internet Available

    • Cable Available

    • Electricity Connected

    • Natural Gas Available

    • Natural Gas Connected

    • Sewer Connected

    • Water Connected

  • Other financial information

    • Annual tax amount: $15,598

  • Source details

    • MLS ID: U8236468

    Other facts

    • Construction Materials: Wood Frame / Wood Siding

    • Foundation Details: Stem Wall

    • Laundry Features: Electric Dryer Hookup / Inside / Laundry Closet / Laundry Room

    • Lot Features: Historic District / City Lot / In County / Landscaped / Level / Near Golf Course / Near Marina / Near Public Transit / Sidewalk

    • Patio And Porch Features: Covered / Deck / Front Porch / Patio / Porch

    • Garage Spaces: 3

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 2279

    • Water Source: Public

    • Lot Size Dimensions: 60 x 110

    • Subdivision Name: PRESSTMANS GEO SUB

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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: COMPASS FLORIDA LLC