5910 31st Street N, St Petersburg, FL 33714

$457,000
4
BD
4
BA
1,666
SqFt

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List Price
$457,000
Status
Active
Days on Market
250
Price Change
▼ $2,000 1785867784
MLS#
TB8456013
Property Style
Triplex
Year Built
1950
Bedrooms
4
Bathrooms
4
Living Area
1,666
Lot Size
10,877
Acres
0.25
Total Acreage
1/4 to less than 1/2
MLS Area Major
St Pete

Property Description

Hard-to-find turnkey cash-cow triplex in a peaceful, rapidly appreciating pocket of St. Pete. The owner’s early retirement offers you the rare chance to snatch up this well-maintained income-producing triplex for well below market value. Live in one of the three spacious units: one 2-bed/2-bath and two 1-bed/1-baths, and rent the others out for ample passive income. So what makes this place so special? 1) All units well maintained with absolutely no major issues. Cosmetic repairs recently made where needed. 2) Oversized .25 acres lot with plenty of space for parking. Large space between buildings with potential to add a 4th unit. 3). Long term tenants in place - two units on leases, one month to month. 4) High and dry elevated lot, unaffected by recent storms. Non-flood zone. 5) Quiet low-traffic street in a great location. Close to shopping, dining, schools, and entertainment. Just minutes from major highways and commuter routes, 10 minutes from downtown St. Pete, and seconds from the beautiful Sawgrass Lake Park, featuring walking trails, elevated boardwalks, wildlife viewing, and more. Investor notes: LTR: 3,100 / mo current, 3,500 - 3,700 potential w/o updates. Very little nearby competition. Low-maintenance, income-producing, and no storm damage. Easy to show. No HOA/CDD. Feel free to soft pitch before writing anything up. MLS info sheet and disclosures available. No assignable contracts accepted.

Additional Information

Taxes
$5483
Community Features
No Deed Restriction
Zoning
R-4
Interior Layout
Primary Bedroom Main Floor
Interior Features
Primary Bedroom Main Floor
Utilities
Electricity Connected, Sewer Connected, Water Connected
Heating
Electric
Air Conditioning
Central Air
Exterior Construction
Stucco
Exterior Features
Garden
Roof
Built-Up, Shingle
Foundation
Slab
Pool
No Pool
Flood Zone Code
X
Parcel ID
35-30-16-00000-320-1800
Legal Description
N 50FT OF S 462FT OF E 247.5FT OF NW 1/4 OF SW 1/4 LESS E 30FT

Listing courtesy of RICHARD PETERS REALTY LLC. 352-448-9712

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