$324,900

Description

WELCOME TO INCOME-PRODUCING REAL ESTATE IN SOUTH ST. PETERSBURG! Fantastic opportunity to acquire a turnkey, income-producing single-family rental with an established Section 8 tenant already in place. The property is currently leased on an annual basis, providing immediate rental income from day one, with the tenant responsible for all utilities. Even better for investors looking to scale: this home is one of seven income-producing single-family properties being offered for sale by the same owner. Purchase this property individually or explore the opportunity to acquire all seven as a portfolio, creating a substantial existing annual income stream across multiple properties in South St. Petersburg. The properties have been professionally managed, and property management is available if desired, making this an attractive opportunity for both local and out-of-area investors seeking an established rental portfolio. Built in 2007, this 4-BEDROOM, 2-BATH single-family home offers a desirable four-bedroom configuration for the rental market, with approximately 1,178 square feet, a functional split-bedroom layout and inside utility. The property also features a fenced yard and storage shed, while a 2024 roof provides an important recent capital improvement for an investment property. Located in South St. Petersburg, the home offers convenient access to I-275, downtown St. Petersburg, schools, employment centers and surrounding retail areas, making it attractive to both local and out-of-area investors seeking an established rental property. Please do not disturb the tenant. Showings are by appointment only and subject to tenant occupancy. Also available individually as part of this 7-property St. Petersburg investment portfolio: TB8535987 – 791 35th Ave S; TB8534657 – 2621 6th St S; TB8535980 – 1120 11th Ave S; TB8535101 – 1430 14th Ave S; TB8534682 – 1440 Prescott St S; TB8535169 – 1944 12th Ave S; TB8535157 – 4419 18th Ave S.