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Bryan Fangman

bryan@precisionapproachrealty.com +1(407) 513-2124

$ 335,000

Est. payment -/mo

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Price Dropped by $13K

1501 NEWARK ST S St Petersburg, FL 33711

5 Beds

2 Baths

1,174 SqFt

UPDATED:

02/06/2025 08:20 PM

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,174 sqft

Price per Sqft $285

Subdivision Richardsons W E

MLS Listing ID TB8339777

Bedrooms 5

Construction Status Completed

HOA Y/N No

Originating Board Stellar MLS

Year Built 1925

Annual Tax Amount $3,781

Lot Size 4,791 Sqft

Acres 0.11

Property Sub-Type Duplex

Property Description

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!

Location

State FL

County Pinellas

Community Richardsons W E

Direction S

Interior

Interior Features Ceiling Fans(s), Solid Surface Counters, Solid Wood Cabinets, Thermostat

Heating Central, Electric

Cooling Central Air

Flooring Tile

Furnishings Unfurnished

Fireplace false

Laundry Electric Dryer Hookup, Washer Hookup

Exterior

Exterior Feature Private Mailbox, Sidewalk

Utilities Available Cable Connected, Electricity Connected, Sewer Connected, Water Connected

Roof Type Shingle

Garage false

Private Pool No

Building

Entry Level One

Foundation Crawlspace, Pillar/Post/Pier

Lot Size Range 0 to less than 1/4

Sewer Public Sewer

Water Public

Structure Type Wood Frame

New Construction false

Construction Status Completed

Others

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash, Conventional, Private Financing Available

Listing Terms Cash, Conventional, Private Financing Available

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8339777

Listed by INSTA REAL ESTATE SOLUTIONS

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Average of $2,250 cash back per market prices and commissions.

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Bryan Fangman

Broker / Owner | License ID: BK679904

+1(407) 513-2124

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Bryan Fangman

1501 NEWARK ST S St Petersburg, FL 33711

Key Details

Location

Interior

Exterior

Building

Others

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1501 NEWARK ST S