5682 63RD LANE, Saint Petersburg, Florida, 33709
$254,000
1,086 Sqft
0.15 Acres
3 bd
1 ba
#TB8547219
Tenant-occupied investment opportunity in St. Petersburg offering immediate in-place rental income. This 3-bedroom, 1-bathroom single-family residence features approximately 1,086 square feet and is currently leased at $2,010 per month. The property provides an opportunity to acquire an established rental asset individually or alongside a larger collection of income-producing homes. INVESTOR & PORTFOLIO OPPORTUNITY: This property is tenant occupied and is being offered as part of a larger portfolio of income-producing residential properties throughout Pinellas County. The single-family portfolio is being offered at pricing structured to provide an approximately 6.5% capitalization rate based on current rents and portfolio underwriting assumptions. Seller is seeking investor interest in the acquisition of the entire portfolio, although individual offers may also be considered. Please do not disturb tenants.
PROPERTY FEATURES
- Utilities : Cable Connected, Electricity Connected, Sewer Connected, Water Connected
- Water Access : 0
- Sewer : Public Sewer
- Garage On Property : Yes.
- Garage Spaces: 1
- Exterior Features : None
- Road Surface Type : Asphalt
- Roof : Shingle
- Zoning : R-3
- Heating : Central, Electric
- Cooling : Central Air
- Construction Materials : Block
- Interior Features : Ceiling Fans(s)
- Laundry Features : Inside
- Appliances : Cooktop, Range, Refrigerator
- Flooring : Tile, Vinyl
PROPERTY DETAILS
ID: TB8547219
Status: Active
Price: $254,000
Acres: 0.15 Acres
Price Per Acre: $1,693,333
Type: Single Family / Detached
Address: 5682 63RD LANE
City, State: Saint Petersburg, Florida
County: Pinellas
Zip Code: 33709
Lat/Long: 27.82379, -82.723878
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