3038 25TH STREET N , ST PETERSBURG FL 33713 US

Excellent opportunity to own a fully occupied rental property with outstanding rental income history. Property consist of one block single family home, wood frame duplex and oversized garage which brings in additional rental income as well. All tenants are under month-to-month leases at discounted ...

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Realty Executives Adamo & Associates
8200 Seminole Boulevard
Seminole, FL, US 33772
727-395-9492

Active

3038 25TH STREET N
ST PETERSBURG FL 33713 US

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2,221 sqft

#T2905486

Courtesy of: Derek Erlandson, BHHS FLORIDA PROPERTIES GROUP

$294,900

3038 25TH STREET N Excellent opportunity to own a fully occupied rental property with outstanding rental income history. Property consist of one block single family home, wood frame duplex and oversized garage which brings in additional rental income as well. All tenants are under month-to-month leases at discounted rental rates to the current market. Call today for additional information on this property which brings in over $38K annually at below market rental income. Estimated current market rental income approximately $45K. This equals an adjusted cap rate of 12.0 if utilizing market rental income figures. Current offering equates to an 9.76 cap rate. All units occupied - please do not disturb tenants.

  • Facts
  • Built in: 1961
  • Lot Size: 0.24 acre
  • Property Type: MultiFamily
  • Property Sub-type: Other
  • Features
  • Cooling System: Central A/C
  • Exterior Finish: Block, Stucco, Wood
  • Parking Type: Assigned, Garage - Detached
  • Roof Type: Composition Shingle
  • View Type: City
  • Additional Features
  • Mother In Law Suite
Listing Changed: 2/1/2018 11:52:26 PM GMT
MLS Updated: 2/18/2018 6:05:08 AM GMT

Courtesy of: Derek Erlandson, BHHS FLORIDA PROPERTIES GROUP

Listing Source - ListHub

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