1501 NEWARK ST S, ST PETERSBURG, FL, 33711
$315,000
Residential Income
Bedrooms
5
Bathrooms
2
Living Area
1,174 Sqft
Lot Size
4,844 Sqft
DON'T MISS OUT ON THIS REMARKABLE INVESTMENT OPPORTUNITY! This spacious 4-bedroom, 1-bathroom main house is currently rented out for an impressive $2,400 per month, providing a solid income stream. Additionally, the property features a detached 1-bedroom, 1-bath unit that is rented for $1,194 per month. In total, this reliable income producing property with Housing Authority tenants in place is bringing-in an impressive $3,594 per month. Both units have separate water and electric meters, ensuring tenants cover their own utility costs. With cosmetic renovations completed in the last two years and essential systems like the HVAC, and water heater estimated to be just 3-5 years old, this property is ready for you to reap the rewards. Act quickly to make this lucrative investment yours!
Property Details
Property Features Property Features
MLS ID: MFRTB8339777 Year Built: 1925
Construction Materials: Wood Frame Cooling: Central Air
Country: US Exterior Features: Private Mailbox, Sidewalk
Financial Data Source: Owner Flooring: Tile
Foundation Details: Crawlspace, Pillar/Post/Pier Furnished: Unfurnished
Heating: Central, Electric Laundry Features: Electric Dryer Hookup, Washer Hookup
Lease Term: Twelve Months Levels: One
Listing Agreement: Exclusive Right To Sell Listing Terms: Cash, Conventional, Private Financing Available
Property Condition: Completed Property Sub Type: Duplex
Property Type: Residential Income Road Responsibility: Public Maintained Road
Road Surface Type: Paved Roof: Shingle
Sewer: Public Sewer Showing Requirements: See Remarks
Special Listing Conditions: None Standard Status: Active
State Or Province: FL Tenant Pays: Electricity, Sewer, Trash Collection, Water
Utilities: Cable Connected, Electricity Connected, Sewer Connected, Water Connected Water Source: Public
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