North St. Pete Triplex

Description

Check out this cash-flowing triplex opportunity right by Downtown North St. Pete! All three units are in great condition and are currently occupied on month-to-month tenants paying below market rent. It is impossible to find three units in one building at this price-point in Nort St. Pete. We recommend your standard cosmetic updates which are necessary to bring up rents, including flooring, kitchen and bathroom updates. The roof was replaced within seven years and is in good shape. After looking closely at market trends and market rents, we have concluded that each unit as a one-bed, one-bath can rent for $1,600 per month! An awesome part of these units is that one of the units has a den that can be used as a small room or an office.