1901 3RD ST S, ST PETERSBURG, FL, 33705
$749,000
Residential Income
Bedrooms
7
Bathrooms
5
Living Area
3,312 Sqft
Lot Size
7,126 Sqft
Turnkey income in Old Southeast — two buildings, four rental units, and a courtyard trailer for owner or additional income. Fully occupied and producing $7,450/month ($89,400 annually) from day one, No waiting for cash flow. Solar panels on main home and paid for. Three new AC units — permitted and elevated to meet flood insurance elevation standards. The Location can't be beat! The Old Southeast is St. Pete's Artist Enclave — roughly 20 working studios, brick streets, hexagon-block sidewalks, laurel oaks, and a resident flock of wild green parrots. Lassing Park's 12.5 bayfront acres sit a few blocks east for kayaking, paddleboarding, fishing and sunrise over Tampa Bay. Walk to USF St. Petersburg and to downtown — the Pier, Beach Drive, the Dalí, Saturday Morning Market. The Chattaway and Old Southeast Market are neighborhood institutions around the corner. That walkability is the investment case: a campus, a bayfront park and a downtown core all within reach means a renter pool that renews itself. Tenants here don't need a car, and they don't leave. Four doors, fully leased, in a neighborhood people wait years to buy into. Call today for more details.
Property Details
Property Features Property Features
MLS ID: MFRTB8551233 Year Built: 1945
Construction Materials: Block, Frame Cooling: Central Air
Country: US County Or Parish: Pinellas
Exterior Features: Courtyard, Private Entrance, Private Mailbox Foundation Details: Crawlspace, Slab
Heating: Central, Electric Laundry Features: Laundry Room
Listing Agreement: Exclusive Right To Sell Other Equipment: Private Entrance
Property Sub Type: Quadruplex Property Type: Residential Income
Road Surface Type: Brick Roof: Shingle
Sewer: Public Sewer Showing Requirements: Appointment Only, Call Listing Agent, No Lockbox, ShowingTime
Special Listing Conditions: None Standard Status: Active
State Or Province: FL Utilities: BB/HS Internet Available, Cable Available, Electricity Available, Electricity Connected, Sewer Connected
Water Source: Public
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