Hard-to-find turnkey cash-cow triplex in a peaceful, rapidly appreciating pocket of St. Pete. The owner’s early retirement offers you the rare chance to snatch up this well-maintained income-producing triplex for well below market value. Live in one of the three spacious units: one 2-bed/2-bath and two 1-bed/1-baths, and rent the… Read More others out for ample passive income. So what makes this place so special? 1) All units well maintained with absolutely no major issues. 2) Oversized .25 acres lot with plenty of space for parking. Large space between buildings with potential to add a 4th unit. 3). Long term tenants in place - two units month-to-month, one on a lease. 4) High and dry elevated lot, unaffected by recent storms. Non-flood zone. 5) Quiet low-traffic street in a great location. Close to shopping, dining, schools, and entertainment. Just minutes from major highways and commuter routes, 10 minutes from downtown St. Pete, and seconds from the beautiful Sawgrass Lake Park, featuring walking trails, elevated boardwalks, wildlife viewing, and more. Investor notes: LTR: 3,050 / mo current, 3,500 - 3,700 potential w/o updates. Very little nearby competition. Low-maintenance, income-producing, and no storm damage. Easy to show. No HOA/CDD. Feel free to soft pitch before writing anything up. MLS info sheet and disclosures available. No assignable contracts accepted. Read Less
Courtesy of RICHARD PETERS REALTY LLC 352-448-9712
Listing Snapshot
Days Online
69
Last Updated
Property Type
Triplex
Beds
4
Square Ft.
1,666
Lot Size
0.25 Acres
Year Built
1950
MLS Number
TB8456013
Additional Details
Property Access
Road Surface: Asphalt
Building
Built in 1950, Living area: 1666, Living area units: Square Feet, Construction Materials: Stucco
Cooling
Central Air
Exterior Features
Garden
Foundation
Slab
Heating
Electric
Interior Features
Primary Bedroom Main Floor
Laundry
Electric Dryer Hookup, Washer Hookup
Lot
0.25 acres
Roof
Built-Up, Shingle
Sewer
Public Sewer
Taxes
Additional parcels description:, Parcel Number: 35-30-16-00000-320-1800, Public Survey Range: 16, Public Survey Section: 35, Annual Amount: $5,483, Tax Block: 320, Tax Book Number: 27-31, Legal Description: N 50FT OF S 462FT OF E 247.5FT OF NW 1/4 OF SW 1/4 LESS E 30FT, Lot: 1800, Year: 2025, Zoning: R-4
Utilities
Electricity Connected, Sewer Connected, Water Connected, Water Source: Public
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