New Listing - 01/16/2025

$349,999 ($298.13 per sqft)

Est. Mortgage $1,861/mo *

Quick Pre-Approval

1501 Newark STREET S, St. Petersburg, FL, 33711

1501 Newark STREET S, St. Petersburg, FL, 33711

5 beds

1925

1,174 sqft

DON'T MISS OUT ON THIS REMARKABLE INVESTMENT OPPORTUNITY! This spacious 4-bedroom, 1-bathroom main house is currently rented out for an impressive $2,400 per month, providing a solid income stream. Additionally, the property features a detached 1-bedroom, 1-bath unit that is rented for $1,194 per month. In total, this reliable income producing property with Housing Authority tenants in place is bringing-in an impressive $3,594 per month. Both units have separate water and electric meters, ensuring tenants cover their own utility costs. With cosmetic renovations completed in the last two years and essential systems like the roof, HVAC, and water heater estimated to be just 3-5 years old, this property is ready for you to reap the rewards. Act quickly to make this lucrative investment yours!


Status:

Active

Type:

Multi-family

Furnished Remarks:

Unfurnished

Laundry Remarks:

Electric Dryer Hookup, Washer Hookup

Units:

2

Subdivision:

RICHARDSONS W E

Heating:

Central, Electric

Cooling:

Central Air

Acreage:

0.11

Est. Taxes:

$3,781

Construction

Wood Frame

Utilities

Cable Connected, Electricity Connected, Sewer Connected, Water Connected

Days on Market:

1

Lease Term Type:

12 Months

MLS #:

TB8339777


Community Info

School Info

Walk Score

Yelp



Listing courtesy of INSTA REAL ESTATE SOLUTIONS Phone: 813-586-0654