Property Attributes
- MLS#U8231688
- TypeSingle Family
- CountyPINELLAS
- CityST PETERSBURG
- AreaSt Pete
- NeighborhoodCromwell Heights
- Zip33705
- StyleSingle Family Residence
- Year Built1920
- Taxes$ 4393
- Price$ 750,000
- Bedrooms4
- Full Bathrooms3
- Half Bathrooms0
- Sqr Footage2342
- Lot Size6,534 SqFt
Data Source:
Stellar MLS
Property Description
This prime investment rental property presents a fantastic opportunity for savvy investors and developers. With its strategic location and ample space, it offers the potential for lucrative returns and multiple development options.The property boasts a well-maintained structure that can be rented out immediately, generating a steady stream of rental income. The spacious layout and desirable features make it an attractive option for tenants, ensuring stable occupancy rates.Moreover, the property sits on a sizable plot of land, providing ample opportunities for future development. Whether you envision constructing additional residential units, commercial spaces, or a mixed-use development, the possibilities are endless.The property's location in a thriving neighborhood further enhances its investment potential. The area is experiencing significant growth and development, with new businesses, amenities, and infrastructure projects underway. This creates a strong demand for housing and commercial spaces, making it an ideal environment for rental properties and development ventures.With its income-generating potential, development opportunities, and strategic location, this investment rental is a rare find. It offers a unique chance to capitalize on the area's growth while enjoying the benefits of a reliable rental income stream. Whether you're an investor seeking a solid addition to your portfolio or a developer looking for the next big project, this property presents an exceptional opportunity to achieve your financial goals.The property enjoys a prime location in a neighborhood that is undergoing rapid improvement, which is not far from the vibrant downtown area of St. Petersburg.There has been a significant shift in the demographic makeup of the area, with new developments springing up frequently, adding to the neighborhood's appeal.The rental house stands out in excellent condition, meticulously maintained by its owners. It features a 4-year-old roof and a 4-year-old central air system, ensuring comfort and energy efficiency for its occupants.The property's desirability as a rental is evident from its consistently high demand. It rarely remains vacant for more than a week or two during tenant transitions, showcasing its strong rental potential in the local market.
Price History | |
---|---|
2/22/2024 | Listed $750,000 |
General Features
Interior Features | Ceiling Fan(s),Window Treatments |
---|---|
Sewer | Public Sewer |
Heating | Central,Electric |
Cooling | Central Air |
Utilities | Cable Available,Electricity Available,Electricity Connected,Public,Sewer Available,Water Available,Water Connected |
Roof | Shingle |
Appliances | Electric Water Heater,Range,Range Hood,Refrigerator |
Exterior Features | Lighting,Sidewalk |
Construction Materials | Wood Frame,Wood Siding |
Year Built | 1920 |
Levels | One |
Property SubType | Single Family Residence |
Tax Year | 2023 |
Percent Ownership | Fee Simple |
County | Pinellas |
New Construction | No |
Property Type | Residential |
HOA / Comm Assn | No |
Subdivision Name | CROMWELL HEIGHTS |
Facing Direction | West |
Garage Y/N | No |
Total Rooms | 4 |
Status | Active |
Directions | MLK to 18th Ave to Property |
City | ST PETERSBURG |
Buyer Agent Compensation | 2.5%-$395 |
Senior Community Y/N | No |
MLS Area | 33705 - St Pete |
Lot Size Square Feet | 6351 |
Private Pool | No |
Waterfront Y/N | No |
Carport Y/N | No |
Street Name | 18th |
Listing Terms | Cash,Conventional |
Tax Annual Amount | 4393 |
Property Condition | Completed |
Public Remarks | This prime investment rental property presents a fantastic opportunity for savvy investors and developers. With its strategic location and ample space,it offers the potential for lucrative returns an |
Lease Considered Y/N | Yes |
Virtual Tour | https://www.propertypanorama.com/instaview/stellar/U8231688 |
Days on Market | 16 |
Standard Status | Active |
Tax Lot | 1 |
Legal Description | CROMWELL HEIGHTS BLK B,LOT 1 |
Minimum Lease | No Minimum |
Interior Features
Flooring | Carpet,Tile |
---|---|
Air Conditioning Y/N | Yes |
Heating Y/N | Yes |
Fireplace Y/N | No |
Full Baths | 3 |
Street Suffix | AVENUE |
Laundry Features | Electric Dryer Hookup,None,Washer Hookup |
Total Bedrooms | 4 |
LivingAreaSource | Public Records |
Total Baths | 3 |
Living Area Units | Square Feet |
Exterior Features
Fencing | Fenced |
---|---|
Water Source | Public |
Lot Size Area | 6351 |
Foundation Details | Crawlspace |
Building Area Total | 2342 |
Lot Size Acres | 0.15 |
Road Surface Type | Asphalt |
Lot Size Units | Square Feet |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool