Duplex with 16% gross return in St Pete

2 Replies

Price $143,000
Location xxx, St Petersburg, FL, 33703
Property Details

Unit: 1

  • Current Rent: $1,650
  • Occupied: No
  • Bedrooms: 3
  • Bathrooms: 2.0
  • Square Footage:

Unit: 2

  • Current Rent: $850
  • Occupied: No
  • Bedrooms: 1
  • Bathrooms: 1.0
  • Square Footage:

Finally an Off-market project with options. This legal duplex has plenty of room in the budget for you to do as you please. If you are into flips; it has plenty in the budget to get it ready for resale in this desirable neighborhood and turn a nice profit. Do you like rentals? Well, the main house (3/2) rents up to $1,650 a month while the 1/1 rents for $850 a month making combined rents of $2,500 a month/ $30,000 a year. This is one your do not want to miss.

Cost-- $143,000

Repairs--$37,034

NPO--$225,000

Nancy English

NetWorth Realty of Tampa, LLC

Licensed Real Estate Agent | RE # SL3326993

Cell: 813-321-2181

5601 Mariner Street, Suite 104 | Tampa, FL 33609

Real Estate Corporation CQ1048456

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