709 PARIS AVENUE S $329,900
- 3 Beds
- 2 Baths
- 976 sq. ft.
- Multi-Family
- MLS# U8163781
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Property Details
HUGE PRICE DROP!!!!! BOOMING St Pete Rental market means east first-year returns of 13% or MORE!!! Ask your agent for a copy of the cashflow analysis included with this listing so you will have ALL the numbers you need to make an offer on this Cash COW. This is a rare opportunity to buy a freshly renovated from top to bottom duplex in the Bartlett Park neighborhood of Sunny St Pete Florida. In 2018 and 2019 the entire property was renovated by licensed contractors with permits. The list of repairs and upgrades included a new roof, complete with hurricane clips for low insurance rates. In order to obtain the most reasonable insurance premiums, the seller also replaced the windows with impact-rated windows throughout the building! Let's not forget the all-new doors, new water heaters, new electrical, all new plumbing, and new A/C units to keep your tenants cool and their electrical bills low. All new appliances mean no costly service calls, all new interior framing finishes built rock-solid, and new tile flooring, and cabinets. This property is NOT in a flood zone therefore flood insurance is NOT required. Ask your agent for the flood zone removal documents attached to this listing. This property consists of a tenant-occupied 2-bedroom 1-bath apartment and a 1-bedroom 1-bath apartment that's move-in ready and intentionally left empty so the new buyer can pick their own tenant. This investment opportunity is ideal for the investor that does not want to deal with having to do any improvements, instead just sit back and cash those rent checks. St Petersburg, Fl is seeing record-breaking migration numbers of new residents moving from out of state, and experts are predicting year-over-year rent growth to exceed 20% every year!! One of the owners of this property is a licensed Realtor however NOT the listing agent. Front Unit is currently rented at $1275, the lease expires 12/31/22. Buy, Furnish and rent it month to month on AirBnb for MASSIVE PROFITS which is totally legal!
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General Features
- Property Subtype Duplex
- Senior Community Y/N false
- Year Built 1947
- Tax Annual Amount 1343
- Subdivision Name DISTRICT FLA CORP SUB 1
- Number Of Units Total 2
- New Construction Y/N false
- Homestead Y/N No
- County Or Parish Pinellas
- Bedrooms 3
- Annual Net Income 26637.00
- Annual Expenses 4046
- Additional Parcels Y/N false
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Building Features
- Living Area 976
- Garage Y/N false
- Fireplace Y/N false
- Carport Y/N false
- Spa Y/N false
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Property Features
- Lot Size Acres 0.07
- Total Num Buildings 1
- Total Acreage 0 to less than 1/4
- Pool Private Y/N false
- Lot Size Square Feet 3132
- Lot Size Dimensions 50x65
- Water Extras Y/N No
- Water Access Y/N No
- Waterfront Y/N false
- Waterfront Feet Total 0
- Water View Y/N No
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Neighborhood
33701 (ST PETERSBURG) Demographics
Market Last 30 Days In This Postal Code
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Properties for Sale
Property History
| Date | Price |
|---|---|
| -- | New Value: $329,900 |
| 6/25/2022 3:50:31 PM | New Value: Pending |
| 5/26/2022 5:22:00 PM | New Value: $349,900 |
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** Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
Listing information provided in part by the IDX Program of My Florida Regional MLS DBA Stellar MLS. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Data last updated on 6/25/2022 2:56:07 PM.
Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law.
Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.