721 12TH ST S, ST PETERSBURG, FL, 33705
$585,000
Residential
Bedrooms
7
Bathrooms
3
Living Area
2,097 Sqft
Lot Size
5,293 Sqft
INVESTOR ALERT! 3 RENTED UNITS | $5,802/MO RENT | NEW ROOF, A/C & WATER HEATERS! **Opportunity is knocking in St. Petersburg!** This income-producing multi-family property features **three rented units**, established rental income, and major recent upgrades. **Unit A:** 3/1 — $1,900/mo — 1-year lease, recently renewed **Unit B:** 2/1 — $1,902/mo — approximately 8 months remaining **Unit C:** 2/1 — $2,000/mo — month-to-month **Recent Upgrades:** New roof (2023), new A/C (2023), new water heaters (2023), plus plumbing and electrical updates (2018). **Current Expenses:** Property taxes $5,958.54/year; insurance approximately $4,000/year; electricity approximately $3,360/year; water approximately $2,160/year. Repairs and maintenance are variable. Owner currently pays water and electricity for the **two rear apartments**. Tenant in the main house pays their own utilities. With **three occupied units and $5,802 in current monthly rental income**, this property offers an established income stream with significant improvements already completed. Schedule your showing today!**
Property Details
Property Features Property Features
MLS ID: MFRTB8549912 Year Built: 1948
Appliances: Range, Refrigerator Construction Materials: Stucco
Cooling: Central Air Country: US
County Or Parish: Pinellas Direction Faces: East
Exterior Features: None Flooring: Carpet, Vinyl
Foundation Details: Block Furnished: Furnished
Heating: Central Laundry Features: Other
Levels: Two Listing Agreement: Exclusive Agency
Listing Terms: Cash, Conventional Occupant Type: Tenant
Other Equipment: None Property Sub Type: Single Family Residence
Property Type: Residential Road Surface Type: Asphalt
Roof: Shingle Sewer: Public Sewer
Showing Requirements: Call Listing Agent, ShowingTime Special Listing Conditions: None
Standard Status: Active State Or Province: FL
Utilities: Electricity Connected, Sewer Connected, Water Connected Water Source: Public
Rooms Rooms
Living Room: Kitchen:
Primary Bedroom:
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