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Key Details
Sold Price $515,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,555 sqft
Price per Sqft $331
Subdivision Crestmont
MLS Listing ID U8234262
Sold Date 06/24/24
Construction Status Inspections
HOA Y/N No
Originating Board Stellar MLS
Year Built 1959
Annual Tax Amount $6,096
Lot Size 5,662 Sqft
Acres 0.13
Property Description
Buyer's financing fell through. Their loss is your gain. Duplex opportunity in the heart of St Pete! Main house is a renovated two bedroom, one bath, plus large bonus flex room, featuring newer windows, flooring, kitchen appliances with dishwasher, interior washer/dryer, rear outdoor space, parking pad and one garage (detached). At the end of the shared driveway is the one bedroom, one bath apartment over the two garage bays (one for each unit). This unit needs updating, making this perfect for the savvy BRRRR investor! Roof on both units 2020. Front unit pays $2695 (lease ends 4/30) rear unit pays $1140 (month to month) plus utilites and also performs all lawn and landscaping maintenance. Current market rent as-is is $1450 (update the unit and market rent is $1700). Endless possibilities to convert the garages into additional living space. Live in one unit and rent the other using the fannie mae 5% down program or add this to your rental portfolio with a DSCR loan. This area will continue to soar based on nearness to both DTSP and the Gulf Beaches. Non-Flood. PLEASE DO NOT APPROACH DUPLEX OR TENANTS WITHOUT AN APPOINTMENT.
Location
State FL
County Pinellas
Community Crestmont
Direction N
Interior
Interior Features Window Treatments
Heating Central
Cooling Central Air
Fireplace false
Appliance Dryer, Washer
Laundry Inside, Other
Exterior
Exterior Feature Lighting, Private Mailbox, Storage
Garage Spaces 2.0
Utilities Available BB/HS Internet Available, Cable Connected, Electricity Connected, Public, Sewer Connected, Water Connected
Waterfront false
Roof Type Shingle
Attached Garage false
Garage true
Private Pool No
Building
Foundation Slab
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Block
New Construction false
Construction Status Inspections
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional, VA Loan
Listing Terms Cash, Conventional, VA Loan
Special Listing Condition None
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Bought with RE/MAX METRO