Address: 5829 32nd Street N, ST PETERSBURG, FL 33714
Description
Extremely rare high & dry duplex income producing and packed with upside. The owners early retirement offers you the rare chance to secure this remodeled, income ready duplex in one of the most coveted and storm resilient corners of St. Pete at below market value. Some light TLC required, but absolutely no major issues. So what makes this place so special? 1) Lowest price per sq ft for a duplex in the area with massive value built in and long term upside potential. Offering two 1/1 units, with the potential to convert one side into a 2/1 for added rental value. Priced well below appraised value. 2) Fully remodeled in 2014, including updating electrical up to code, updated plumbing, flooring, windows, doors, and drains to sewer. Bathrooms fully redone, with both units showing clean and modern updates throughout. Freshly repainted inside and out, and no lead paint. 3) Zoned for a triplex, offering value add opportunities to expand or reconfigure in the future to further increase value and rental income. 4) Absolutely no flooding during recent major storms. Located in a high and dry, non flood zone area for peace of mind and no flood insurance required. 5) Strong investment or house hack opportunity: live in one side and rent out the other, or rent both out for steady cash flow. Investor notes: LTR: 2,200 /mo with light cleaning. 2,700 /mo potential with 2/1 conversion. Very little nearby competition. This property is a low maintenance, income producing machine with a flexible zoning advantage and plenty of room to grow. Easy to show. No HOA/CDD. Feel free to soft pitch before writing anything up. Ask me anything, big or small. If this is NOT ON MY MLS, disclosures and MLS info sheet available. No assignable contracts accepted.
Extremely rare high & dry duplex income producing and packed with upside. The owners early retirement offers you the rare chance to secure this remodeled, income ready duplex in one of the most coveted and storm resilient corners of St. Pete at below market value. Some light TLC required, but absolutely no major issues. So what makes this place so special? 1) Lowest price per sq ft for a duplex in the area with massive value built in and long term upside potential. Offering two 1/1 units, with the potential to convert one side into a 2/1 for added rental value. Priced well below appraised value. 2) Fully remodeled in 2014, including updating electrical up to code, updated plumbing, flooring, windows, doors, and drains to sewer. Bathrooms fully redone, with both units showing clean and modern updates throughout. Freshly repainted inside and out, and no lead paint. 3) Zoned for a triplex, offering value add opportunities to expand or reconfigure in the future to further increase value and rental income. 4) Absolutely no flooding during recent major storms. Located in a high and dry, non flood zone area for peace of mind and no flood insurance required. 5) Strong investment or house hack opportunity: live in one side and rent out the other, or rent both out for steady cash flow. Investor notes: LTR: 2,200 /mo with light cleaning. 2,700 /mo potential with 2/1 conversion. Very little nearby competition. This property is a low maintenance, income producing machine with a flexible zoning advantage and plenty of room to grow. Easy to show. No HOA/CDD. Feel free to soft pitch before writing anything up. Ask me anything, big or small. If this is NOT ON MY MLS, disclosures and MLS info sheet available. No assignable contracts accepted.
Features
Building and Construction
Covered Spaces: 0.00
Exterior Features: Storage
Flooring: Carpet, Tile, Vinyl
Living Area: 1189.00
Roof: Built-Up
Garage and Parking
Garage Spaces: 0.00
Open Parking Spaces: 0.00
Eco-Communities
Water Source: Public
Utilities
Carport Spaces: 1.00
Cooling: Wall/Window Unit(s)
Heating: Electric
Sewer: Public Sewer
Utilities: Electricity Connected, Public, Sewer Connected, Water Connected
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Investor Special Cash/Hard Money Only! Seize the chance to kickstart or expand your rental portfolio with this versatile property, perfectly situated near major transportation routes and city ameniti
Extremely rare high & dry duplex income producing and packed with upside. The owners early retirement offers you the rare chance to secure this remodeled, income ready duplex in one of the most cove
An Unexpected Opportunity! Back on the Market! A rare chance has returned to secure this exceptional 2 by 2 home in the heart of vibrant city of St. Petersburg. The previous buyers loss opens the doo
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