935 17TH AVE S, ST PETERSBURG, FL, 33705
$539,990
Residential Income
|
Bedrooms
8
|
Bathrooms
4
|
Living Area
2,448 Sqft
|
Lot Size
6,804 Sqft
|
Virtually Staged. BACK ON THE MARKET - Investor Special! Fully updated duplex featuring two identical 4BR/2BA units (1,224 SF each) with excellent cash-flow potential. Each unit is currently listed for rent against a HUD Fair Market Rent of $3,195/month, providing immediate upside. Opportunity to achieve a 10%++ cap rate and strong DSCR financing potential. Recent improvements include updated roof, updated kitchens, updated bathrooms, new flooring, new lighting, butcher block countertops, and washer/dryer hookups in each unit, creating a low-maintenance investment with minimal deferred maintenance. Each unit also features a private fenced backyard. Situated on an oversized corner lot, the parcel also includes a separate detached concrete RV parking pad/lot - which can be rented for an additional $650/month adding even more value to this property. Just minutes from Downtown St. Petersburg, shopping, dining, major employers, and local colleges—an area with consistently strong rental demand. Ideal for buy-and-hold investors, DSCR buyers, or a 1031 exchange, with immediate income potential and room for future rent growth.
Property Details
| Property Features | Property Features | |||
|---|---|---|---|---|
| MLS ID: | MFRTB8545200 | Year Built: | 1953 | |
| Appliances: | Convection Oven, Microwave, Refrigerator | Construction Materials: | Frame | |
| Cooling: | Wall/Window Unit(s) | Country: | US | |
| County Or Parish: | Pinellas | Exterior Features: | Private Mailbox, Private Yard | |
| Flooring: | Luxury Vinyl | Foundation Details: | Stem Wall | |
| Furnished: | Unfurnished | Heating: | None | |
| Laundry Features: | Electric Dryer Hookup, Laundry Room, Washer Hookup | Levels: | One | |
| Listing Agreement: | Exclusive Right To Sell | Listing Terms: | Cash, Conventional, FHA, VA Loan | |
| Occupant Type: | Vacant | Other Equipment: | Private Yard | |
| Parking Features: | Driveway, Off Street, On Street, RV Carport | Pets Allowed: | Yes | |
| Property Sub Type: | Duplex | Property Type: | Residential Income | |
| Road Surface Type: | Asphalt | Roof: | Shingle | |
| Sewer: | Public Sewer | Showing Requirements: | Lockbox | |
| Special Listing Conditions: | None | Standard Status: | Active | |
| State Or Province: | FL | Utilities: | Cable Available, Electricity Connected, Sewer Connected, Water Connected | |
| Water Source: | Public | |||
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