2220 7TH ST S Active Save Request In-Person Tour Request Virtual Tour
Saint Petersburg,FL 33705
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,107 sqft
Price per Sqft $266
Subdivision Harbordale Sub
MLS Listing ID TB8325129
Bedrooms 2
Year Built 1947
Annual Tax Amount $3,000
Lot Size 6,098 Sqft
Property Description
Charming Hi-Return Duplex in the Heart of St. Petersburg! Fantastic investment opportunity with this income-generating gem of a duplex located near downtown St Petersburg. Currently a high-return income producing property, with the potential of significant growth and increased return for future earnings. With St. Petersburg's strong market outlook, ongoing appreciation trends, and increasing rental demand, this duplex offers future earnings potential through gradual rent increases and value growth, further enhanced by property improvements and the city's thriving economy. Buyers may consider consulting with the City’s planning and zoning department to inquire about potentially converting the detached garage into a third living unit. Each side of this duplex features 1 bedroom and 1 bathroom, with a shared fenced yard, detached garage and parking. Whether you're a seasoned investor or looking to enter the rental market, this duplex offers exceptional returns with a strong Net Operating Income (NOI) and low annual operating costs. Boasting a prime location just minutes from downtown, this property offers both charm and convenience, making it a consistent income-producing asset. Approximately 300 feet from the gorgeous Bartlett Park and the St Petersburg Tennis Center, less than 2 miles to the vibrant downtown St Petersburg and the University of South Florida (St Petersburg campus). With the ongoing development and demand in the St. Petersburg area, this duplex is poised for appreciation while continuing to deliver steady cash flow. Whether you're considering it as a primary investment or part of a larger portfolio, this property is an opportunity you don't want to miss!
Location
State FL
County Pinellas
Community Harbordale Sub
Interior
Heating Baseboard
Cooling Wall/Window Unit(s)
Flooring Wood
Laundry None
Exterior
Exterior Feature Balcony,Fence,Storage
Parking Features Curb Parking,Driveway,Garage Faces Side,Off Street,On Street,Open
Garage Spaces 2.0
Utilities Available Electricity Connected,Public,Sewer Connected,Water Connected
Roof Type Shingle
Building
Lot Description City Limits,Near Marina,Near Public Transit,Paved
Foundation Crawlspace
Sewer Public Sewer
Water Public
Structure Type Block,Wood Frame
New Construction false
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition None