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Key Details
Sold Price $290,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,000 sqft
Price per Sqft $290
Subdivision St Petersburg Investment Cos Add To Oak Park
MLS Listing ID U8157967
Sold Date 05/02/22
Bedrooms 3
Full Baths 1
HOA Y/N No
Year Built 1922
Annual Tax Amount $1,849
Lot Size 8,276 Sqft
Acres 0.19
Lot Dimensions 65x127
Property Description
This listing includes a Charming historical 1922 Bungalow house as well as a separate income-producing cottage with a tenant already in place. The main building consists of 3 bedrooms and 1 bath and is currently unoccupied and ready for owner move-in or rental as well. The cottage is approx. 500 sq ft with 1 bedroom 1 bath, nice size kitchen, volume ceilings, private courtyard, private access and parking from the alley and separate electric and water metering. The main home has an open floor plan, updated windows, window treatments and ceramic tile floor throughout, laundry room and pantry. No HOA or flood insurance required. Extra Large Corner lot on nice street with back alley access. Located in Opportunity Zone (#12103020800). Upgrading and renovation possibilities for this property are endless. (Market rental price in this area for 3br/1ba is $1900/mo). Potential Cap Rate over 10%! Conveniently located just minutes away from I-275. Easy access to Historic Gulfport and Saint Petersburg's burgeoning downtown dining and entertainment experience. Short and easy walk to the Pinellas Trail. Cottage photos are labeled in red. Cottage tenant pays $550/mo thru 2022 with increase to $600 next 2 years. Seller can relocate tenant if necessary.
Location
State FL
County Pinellas
Community St Petersburg Investment Cos Add To Oak Park
Direction S
Interior
Interior Features Attic Fan, Crown Molding
Heating Baseboard
Cooling Wall/Window Unit(s)
Flooring Tile
Furnishings Unfurnished
Fireplace false
Appliance Electric Water Heater
Exterior
Exterior Feature Other
Garage Parking Pad
Fence Wood
Utilities Available Electricity Connected, Water Available
Waterfront false
Roof Type Shingle
Attached Garage false
Garage false
Private Pool No
Building
Lot Description City Limits, Paved
Story 1
Entry Level One
Foundation Crawlspace
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Wood Frame
New Construction false
Others
Pets Allowed Yes
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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Bought with COMPASS FLORIDA LLC
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Kevin Tison
Broker Associate | License ID: BK626101
Broker Associate License ID: BK626101