$445,000

2983 62nd Avenue N Saint Petersburg, FL 33702 Multi Unit - Multiple Active

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Description

Excellent investment opportunity in the heart of St. Petersburg! This well-maintained concrete block duplex features two spacious units, each offering 2 bedrooms and 2 bathrooms, with porcelain tile and luxury vinyl flooring throughout. Both units include inside utility rooms with laundry and private yard spaces.One unit is currently occupied by a reliable, long-term tenant, providing immediate income, while the second unit offers flexibility for an owner-occupant or additional rental opportunity. Tenants pay for electricity and water, and utilities are separately metered, keeping expenses low and management simple. Rents is currently below market, offering excellent potential increase.Built in 1984 and ideally located between I-275 and US 19, this property offers convenient access throughout St. Petersburg, Tampa, and Clearwater.The property sits high and dry with no flood insurance required and includes ample parking for tenants.Enjoy a prime central location just minutes from Sawgrass Lake Park, Crescent Lake Park, and downtown St. Petersburg's vibrant waterfront, including the St. Pete Pier, museums, dining, and shopping. A short drive to award-winning Gulf beaches and convenient access to both St. Pete-Clearwater and Tampa International Airports make this an ideal investment opportunity in a high-demand rental area with strong long-term growth potential.2983 UNIT IS TENANT OCCUPIED - PLEASE DO NOT DISTURB TENANTS- ONLY 2985 CAN BE SEEN.

Property Highlights

Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Central, Electric
Lot Size: 0.11 Acres
Roof Type: Shingle
Taxes: $5,552
Year Built: 1984

General Information

Bedrooms: 4
Sqft: 1,750
County: Pinellas
Subdivision: WASHINGTON TERRACE
Listed By:
Keyvan Kohan-Shohet SUNCOAST HOME REALTY 727-204-5001

Amenities

Ceiling Fans(s)
Eat-in Kitchen
Living Room/Dining Room Combo
Open Floorplan
Primary Bedroom Main Floor
Thermostat
Window Treatments
Fence
Lighting
Private Entrance
Rain Gutters
Sidewalk
Sliding Doors

Property Features

Annual Net Income: 38000.00
Appliances: Disposal, Dryer, Electric Water Heater, Microwave, Range, Range Hood, Refrigerator
Directions: On 62nd Ave North corner of 29th Way, between US 19 and I-275.
Exterior: Block, Stucco
Flood Zone Code: X
Flooring: Luxury Vinyl, Tile
Foundation: Slab
Home Warranty Y/N: No
Listing Terms: Cash, Conventional, FHA, VA Loan
Lot Dimensions: 0.11
Other Equipment: Private Entrance
Ownership: Fee Simple
Parking: Assigned, Parking Pad, Reserved
Parking Notes: Assigned, Parking Pad, Reserved
Property Attached Y/N: Yes
Property Sub-Type: Duplex
Sewer: Public Sewer
Showing Instructions: Appointment Only, Lock Box Electronic-CBS Code Required, See Remarks, ShowingTime
Special Sale Provisions: None
Utilities: BB/HS Internet Available, Cable Available, Cable Connected, Electricity Available, Electricity Connected, Fiber Optics, Phone Available, Public, Sewer Available, Sewer Connected, Water Available, Water Connected
Water: Public
Water Access Y/N: No
Windows: Blinds
Zoning: R-4
$445,000
4beds
1,750sqft
New to the Market Active
BEDS4 BATHS SQUARE FEET1,750 MLS#TB8500974
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONWASHINGTON TERRACE

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2983 62nd Avenue N, Saint Petersburg, FL 33702.

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Estimated Payment

$ 2,093.37 per month $1,500.91 Principal & Interest $462.67 Property Tax $129.79 Homeowner's Insurance

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