721 12TH STREET, Saint Petersburg, Florida, 33705

Utilities: Electricity Connected, Sewer Connected, Water Connected
Water Access: 0
Sewer: Public Sewer
Exterior Features: None
Road Surface Type: Asphalt
Roof: Shingle
Heating: Central

Listed by FLORIDA REAL ESTATE ASSOCIATES, Matt Young, 813-267-5597, matt@mattyoung.com

$585,000

2,097 Sqft

0.12 Acres

7 bd

3 ba

#TB8549912

INVESTOR ALERT! 3 RENTED UNITS | $5,802/MO RENT | NEW ROOF, A/C & WATER HEATERS! **Opportunity is knocking in St. Petersburg!** This income-producing multi-family property features **three rented units**, established rental income, and major recent upgrades. **Unit A:** 3/1 — $1,900/mo — 1-year lease, recently renewed **Unit B:** 2/1 — $1,902/mo — approximately 8 months remaining **Unit C:** 2/1 — $2,000/mo — month-to-month **Recent Upgrades:** New roof (2023), new A/C (2023), new water heaters (2023), plus plumbing and electrical updates (2018). **Current Expenses:** Property taxes $5,958.54/year; insurance approximately $4,000/year; electricity approximately $3,360/year; water approximately $2,160/year. Repairs and maintenance are variable. Owner currently pays water and electricity for the **two rear apartments**. Tenant in the main house pays their own utilities. With **three occupied units and $5,802 in current monthly rental income**, this property offers an established income stream with significant improvements already completed. Schedule your showing today!**