Address: 5136 68th Street N, ST PETERSBURG, FL 33709
Description
***refreshed with $40k in additional upgrades! New impact windows, new flooring in units a and c, and new hvac and ductwork in unit c***professional tenant placement will be completed prior to closing, ensuring the property is fully leased and generating income for the new owner from day one. *** investors dream: versatile triplex in prime st. Petersburg location
unlock the potential of this expansive 4,198 sq ft triplex, strategically situated in the heart of unincorporated pinellas county. Comprising a total of 10 bedrooms and 4 bathrooms, this property offers a multitude of income generating avenues, making it a rare gem for savvy investors. This turn key property boasts modernized kitchens and bathrooms, updated flooring and paint, and newly installed mini split systems, to name a few, ensuring comfort and efficiency. Flexible layout: the spacious design allows for various rental strategies, including traditional leasing, room by room rentals, or short term stays. Income potential: projected annual income of $92,244 based on st pete housing authority payment standards. Additionally, the property's unincorporated location permits short term rental operations. The large bedroom count could also make this a rent by room / padsplit powerhouse! Strategic location: nestled near 54th ave and 68th st n, residents have easy access to restaurants, shopping centers, fitness facilities, and entertainment venues. Public transportation is readily available, and major thoroughfares like i 275 and gandy blvd are just a short drive away. Whether you're looking to expand your rental portfolio or embark on a new investment venture, this triplex offers the versatility and location to maximize returns.
***refreshed with $40k in additional upgrades! New impact windows, new flooring in units a and c, and new hvac and ductwork in unit c***professional tenant placement will be completed prior to closing, ensuring the property is fully leased and generating income for the new owner from day one. *** investors dream: versatile triplex in prime st. Petersburg location
unlock the potential of this expansive 4,198 sq ft triplex, strategically situated in the heart of unincorporated pinellas county. Comprising a total of 10 bedrooms and 4 bathrooms, this property offers a multitude of income generating avenues, making it a rare gem for savvy investors. This turn key property boasts modernized kitchens and bathrooms, updated flooring and paint, and newly installed mini split systems, to name a few, ensuring comfort and efficiency. Flexible layout: the spacious design allows for various rental strategies, including traditional leasing, room by room rentals, or short term stays. Income potential: projected annual income of $92,244 based on st pete housing authority payment standards. Additionally, the property's unincorporated location permits short term rental operations. The large bedroom count could also make this a rent by room / padsplit powerhouse! Strategic location: nestled near 54th ave and 68th st n, residents have easy access to restaurants, shopping centers, fitness facilities, and entertainment venues. Public transportation is readily available, and major thoroughfares like i 275 and gandy blvd are just a short drive away. Whether you're looking to expand your rental portfolio or embark on a new investment venture, this triplex offers the versatility and location to maximize returns.
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