5910 31ST ST N, ST PETERSBURG, FL, 33714
$457,000
Residential Income
Bedrooms
4
Bathrooms
4
Living Area
1,666 Sqft
Lot Size
10,877 Sqft
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.
Property Details
Property Features Property Features
MLS ID: MFRTB8456013 Year Built: 1950
Construction Materials: Stucco Cooling: Central Air
Country: US County Or Parish: Pinellas
Exterior Features: Garden Foundation Details: Slab
Heating: Electric Laundry Features: Electric Dryer Hookup, Washer Hookup
Listing Agreement: Exclusive Right To Sell Property Sub Type: Triplex
Property Type: Residential Income Road Surface Type: Asphalt
Roof: Built-Up, Shingle Sewer: Public Sewer
Showing Requirements: Call Listing Agent Special Listing Conditions: None
Standard Status: Active State Or Province: FL
Utilities: Electricity Connected, Sewer Connected, Water Connected Water Source: Public
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