St Petersburg, FL 33712,1701 27TH ST S
St Petersburg, FL 33712,1701 27TH ST S
St Petersburg, FL 33712,1701 27TH ST S
St Petersburg, FL 33712,1701 27TH ST S
St Petersburg, FL 33712,1701 27TH ST S
St Petersburg, FL 33712,1701 27TH ST S
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$320,000

$345,000

7.2%
Est.Price: ?

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Est. payment /mo

9 Beds

3 Baths

1,646 SqFt


SOLD DATE : 02/12/2024

Key Details

Sold Price $320,000

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Sold

Purchase Type For Sale

Square Footage 1,646 sqft

Price per Sqft $194

Subdivision Wright Sub

MLS Listing ID U8226540

Bedrooms 9

Full Baths 3

Year Built 1950

Annual Tax Amount $3,814

Lot Size 7,405 Sqft

Property Description

**Multiple offer situation - ALL HIGHEST AND BEST OFFERS DUE BY SUNDAY, Feb. 4th at 5:00 PM, cash and no contingencies preferred - Contact the listing agent for information on the scheduled group viewings on Feb. 2nd. Generating over $6,300 per month in gross rental income ($76,000+ per year), this investment offers a unique combination of cash flow and turnkey management in a sought-after location. After expenses the CAP rate is over 10% and 12.4% cash-on-cash ROI. The home is leased to one tenant, PadSplit, which hosts the property on their platform. PadSplit not only helps members save money and live closer to work but also provides an avenue for investors to achieve 3x+ cash flow. All members are professionally screened by PadSplit, required to pass a background check and undergo income verification. PadSplit handles inbound requests from members and enforces house rules. One rent payment is direct-deposited into the owner's bank account based on the home's previous month's performance. Sold with an optional top-rated super-host who coordinates cleaning and repairs, this property is ideal for any investor. Contact us today for preferred lenders if you need financing. If PadSplit is new to you, please Google 'PadSplit' to learn more about this game-changing affordable housing solution before calling. Part of a portfolio, contact the listing agent if you are interested in purchasing multiple properties with a similar setup and ROI.

Location

State FL

County Pinellas

Community Wright Sub

Interior

Heating Central

Cooling Central Air

Flooring Luxury Vinyl, Tile

Laundry Inside

Exterior

Exterior Feature Sidewalk

Utilities Available Public

Roof Type Shingle

Building

Foundation Slab

Sewer Public Sewer

Water Public

Structure Type Stucco

New Construction false

Schools

Elementary Schools Melrose Elementary-Pn

Middle Schools John Hopkins Middle-Pn

High Schools Gibbs High-Pn

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

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Stellar MLS
Listed by HAMPTON REAL ESTATE ADVISORS L
Bought with EXP REALTY LLC

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