726 75TH AVENUE, Saint Petersburg, Florida, 33702
$342,000
1,238 Sqft
0.18 Acres
3 bd
2 ba
#TB8547218
Strong income-producing opportunity in St. Petersburg. This tenant-occupied 3-bedroom, 2-bathroom single-family home encompasses approximately 1,250 square feet and currently generates $2,710 per month in rental income, the highest monthly rent among the seven single-family assets in the portfolio. An established tenant provides immediate income for an incoming investor. 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
- Road Surface Type : Asphalt
- 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: TB8547218
Status: Active
Price: $342,000
Acres: 0.18 Acres
Price Per Acre: $1,900,000
Type: Single Family / Detached
Address: 726 75TH AVENUE
City, State: Saint Petersburg, Florida
County: Pinellas
Zip Code: 33702
Lat/Long: 27.840458, -82.643371
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