$339,900

Description

Virtually Staged. 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 2006, this 3-bedroom, 2-bath home offers approximately 1,200 square feet of living space with concrete block construction and a newer 2023 roof. Renovated in 2020 with numerous improvements and upgrades, including interior and exterior paint, laminate wood flooring, ceramic tile in the kitchen and bathrooms, ceiling fans throughout, 2-inch window blinds, and more. The spacious kitchen features ample cabinetry and convenient bar seating, while a dedicated laundry closet adds everyday functionality. Neutral finishes throughout make the home easy to maintain and appealing to a wide range of occupants. A private parking pad provides convenient off-street parking. The property is conveniently located in St. Petersburg just minutes from downtown, with easy access to I-275, employment centers, shopping, dining and the downtown waterfront. Conveniently located in South St. Petersburg, with easy access to Downtown St. Pete, the Tropicana Field redevelopment area, area hospitals and medical centers, shopping, dining and I-275, making travel throughout the area convenient. And when it's time to enjoy the Florida lifestyle, St. Pete's Gulf beaches are just a short drive away. 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.