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  • Key Facts
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Key Facts

Type Single Family Residence
Levels Residential
Size 920 sqft
Garage Yes
Taxes $2,767
Days Active 0
Lot Size 
Approx. Age 1948
Avg. Price Per Sqft $233
MLS® Number TB8432566

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

TURNKEY INVESTMENT PROPERTY - EXCEPTIONAL SINGLE-FAMILY RENTAL. This well-maintained 3-bedroom, 1-bathroom home offers immediate cash flow with an established, reliable tenant in place. Perfect for investors seeking a hassle-free addition to their portfolio. PROPERTY HIGHLIGHTS: Monthly Rental Income: $2, 127 (Annual: $25, 524). Stable Tenancy: Section 8 voucher recipient with annual lease agreement. Move-in Ready: Tenant occupied and cash-flowing from day one. RECENT MAJOR UPDATES: Transferable Satisfactory 4 Point Inspection. Newer Roof - Long-term protection and peace of mind. Updated HVAC System. Newer Water Heater. Complete Cosmetic Renovations - Fresh updates inside and out. INVESTMENT ADVANTAGES: Guaranteed Income through Section 8 program. Low Maintenance with recent major system updates. Established Rental History with quality tenant. Strong Rental Market in desirable St. Petersburg area. LOCATION BENEFITS: Situated in the sought-after 33705 area of St. Petersburg, this property benefits from the city's continued growth and urban revitalization. The area has shown consistent property value appreciation with the local rental market remaining strong, supported by St. Petersburg's expanding job market and cultural attractions. FINANCIAL PERFORMANCE: Gross Annual Income: $25, 524. Immediate Cash Flow from established tenancy. Section 8 Program provides rental payment security. Recent Updates minimize future capital expenditures. IDEAL FOR: Buy-and-Hold Investors seeking stable returns. First-Time Rental Property buyers (turnkey ready). Portfolio Diversification with single-family residential. 1031 Exchange** opportunities. Out-of-State Investors wanting hands-off management. This property represents a rare opportunity to acquire a fully-updated, income-producing single-family home with immediate positive cash flow. The combination of recent major improvements, established Section 8 tenancy, and prime St. Petersburg location creates an exceptional investment opportunity. Key Investment Metrics: Stable monthly income of $2, 127. Recent capital improvements completed. Reliable tenant with government-backed rental assistance. Growing market with strong fundamentals. Don't miss this turnkey investment opportunity - Quality cash-flowing properties with established tenants are increasingly rare in today's competitive market!Show Description
MLS® NumberTB8432566
Laundry LevelElectric Dryer Hookup, Washer Hookup
Central VacNo
FireplaceNo
Acreage0.14
ExteriorOther, Sidewalk
GarageYes
Approx. Age1948
Basement
Driveway
Garage Spaces
HeatCentral, Electric
A/CCentral Air
Heating Fuel

Extras

Rooms

Show Details
Kitchen:FirstNot available
Living Room:FirstNot available
Other:FirstNot available

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