$339,900

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 2005, this well-maintained three-bedroom, two-bathroom home presents an excellent investment opportunity in South St. Petersburg. Constructed with durable concrete block construction, the property offers approximately 1,200 square feet of living space with a functional, tenant-friendly floor plan designed for long-term rental appeal. Interior features include a spacious living area, an updated kitchen with upgraded cabinetry, tile flooring in the kitchen and bathrooms, laminate flooring throughout the main living areas and bedrooms, and a dedicated inside laundry room with washer and dryer hookups. A newer 2015 HVAC system adds additional value and peace of mind for investors. Outside, the home features a long driveway with ample off-street parking, a shaded front yard, and a generous backyard with plenty of space for outdoor enjoyment. Ideally located just minutes from downtown St. Petersburg, I-275, major employment centers, shopping, dining, hospitals, and the Tropicana Field redevelopment district, the location continues to attract strong tenant demand. 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.