St Petersburg, FL 33701,618 17TH AVE S
St Petersburg, FL 33701,618 17TH AVE S
St Petersburg, FL 33701,618 17TH AVE S
St Petersburg, FL 33701,618 17TH AVE S
St Petersburg, FL 33701,618 17TH AVE S
St Petersburg, FL 33701,618 17TH AVE S
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$470,000

$499,999

6.0%
Est.Price: ?

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Est. payment /mo

3 Beds

3 Baths

1,712 SqFt


SOLD DATE : 04/16/2024

Key Details

Sold Price $470,000

Property Type Multi-Family

Sub Type Triplex

Listing Status Sold

Purchase Type For Sale

Square Footage 1,712 sqft

Price per Sqft $274

Subdivision Laughners Ext Of Kerr Add

MLS Listing ID T3505041

Bedrooms 3

Year Built 1924

Annual Tax Amount $4,367

Lot Size 4,791 Sqft

Property Description

Welcome to your next investment opportunity nestled in the charming Barlett Park community of St. Petersburg! This triplex offers a blend of versatility, functionality, and potential, making it an ideal addition to any savvy investor's portfolio. The property consists of two separate buildings. Each unit has been meticulously updated in the last two years, featuring a newer roof, new central A/C, new mini split units, and all new plumbing. The interiors features new luxury vinly plank flooring, new shaker cabinets, granite countertops, new paint and trim, and recently remodeled bathrooms. The front building consists of a 2 bedroom, 1 bath unit and a 1 bedroom, 1 bath unit. The 2/1 features a spacious layout with a bonus room that can be used as a 3rd bedroom or office. It is currently rented for $1,640/mo on a yearly lease. The 1 bedroom 1 bath features a spacious floor plan with a living room and pantry. It is rented for $1,400/mo on a yearly lease. Lastly, the studio up top of the back building is rented for $1,200/mo on a yearly lease, totaling $4,240 in gross income per month. After taxes and insurance, the property is on pace to net $39,416.74 per year. Additionally, the bottom unit out back features 440 square feet of unifinished utility space (UTU) with a bathroom and heating/cooling. All 3 units are separrately metered for electric, while the water bill is split evenly among the tenants via existing property management. Front street parking and back alley parking available to tenants.

Don't miss out on your opportunity to own THREE units in Barlett Park, one of St. Pete's best kept secrets! Just off 4th Street and minutes from downtown and the Trop. Cash or conventional offers preferred.

*NO WHOLESALERS, NO CREATIVE FINANCING* Serious buyers only, all financials available for review prior to showings.

Location

State FL

County Pinellas

Community Laughners Ext Of Kerr Add

Interior

Heating Central

Cooling Central Air, Mini-Split Unit(s)

Laundry None

Exterior

Exterior Feature Courtyard, Fence

Utilities Available Public

Roof Type Shingle

Building

Foundation Crawlspace

Sewer Public Sewer

Water Public

Structure Type Wood Frame

New Construction false

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

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Stellar MLS
Listed by IMPACT REALTY TAMPA BAY
Bought with DOUGLAS ELLIMAN

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