one property at a time.

Historic Uptown North St. Pete Duplex

Price
$282,500
Est. Resale Value
$500,000
741 5th Ave N, St. Petersburg, FL 33701, USA, ,

Overview

  • 2 Bedrooms
  • 2 Bathrooms
  • 1,160 ft
  • Year Built: 1920

Description

Looking for income-producing properties in the heart of North St. Pete? Well, look no further. This two-bed two-bath duplex sits right in the historic uptown part of St. Pete and is a few streets over from the middle of downtown and the Central Arts District! This is one of the only income producing properties in all of St. Pete at this price-point, making this a rare find. After analyzing rents in the area, we have concluded that this duplex will bring in rents of $3,200 when updated! In order to turn this duplex rent ready, we recommend a full interior cosmetic update, and the installation of a new roof. Although the interior is in good condition, bringing it to the 2024 standard is a must. Another great fact of this duplex is that one of the units is completely vacant, while the second unit is on a lease for the next few months. Multi-family properties in the heart of St. Pete rarely show up.

Address: 741 5th Ave N, St. Petersburg, FL 33701, USA
State:
Zip: 33701
Country: United States
Open In Google Maps
Property Id : 95955
Price: $ 282,500
Property Size: 1,160 ft
Bedrooms: 2
Bathrooms: 2
ARV: $500,000
Property Type: Multifamily
Parking: On street
Year Built: 1920
Lot Size: acres

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