$297,000
$315,000
5.7%For more information regarding the value of a property, please contact us for a free consultation.
1501 NEWARK ST S St Petersburg, FL 33711
5 Beds
2 Baths
1,174 SqFt
Key Details
Sold Price $297,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,174 sqft
Price per Sqft $252
Subdivision Richardsons W E
MLS Listing ID TB8339777
Sold Date 05/27/25
Bedrooms 5
Construction Status Completed
HOA Y/N No
Year Built 1925
Annual Tax Amount $3,781
Lot Size 4,791 Sqft
Acres 0.11
Property Sub-Type Duplex
Source Stellar MLS
Property Description
DON'T MISS OUT ON THIS REMARKABLE INVESTMENT OPPORTUNITY! This spacious 4-bedroom, 1-bathroom main house is currently rented out for an impressive $2,400 per month, providing a solid income stream. Additionally, the property features a detached 1-bedroom, 1-bath unit that is rented for $1,194 per month. In total, this reliable income producing property with Housing Authority tenants in place is bringing-in an impressive $3,594 per month. Both units have separate water and electric meters, ensuring tenants cover their own utility costs. With cosmetic renovations completed in the last two years and essential systems like the HVAC, and water heater estimated to be just 3-5 years old, this property is ready for you to reap the rewards. Act quickly to make this lucrative investment yours!
Location
State FL
County Pinellas
Community Richardsons W E
Area 33711 - St Pete/Gulfport
Direction S
Interior
Interior Features Ceiling Fans(s), Solid Surface Counters, Solid Wood Cabinets, Thermostat
Heating Central, Electric
Cooling Central Air
Flooring Tile
Furnishings Unfurnished
Fireplace false
Laundry Electric Dryer Hookup, Washer Hookup
Exterior
Exterior Feature Private Mailbox, Sidewalk
Utilities Available Cable Connected, Electricity Connected, Sewer Connected, Water Connected
Roof Type Shingle
Garage false
Private Pool No
Building
Entry Level One
Foundation Crawlspace, Pillar/Post/Pier
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Frame
New Construction false
Construction Status Completed
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional, Private Financing Available
Listing Terms Cash, Conventional, Private Financing Available
Special Listing Condition None
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Bought with EXP REALTY LLC