BEDS7
BATHS3 full
SQUARE FEET2,097
MLS#TB8549912
STATUSActive
PROPERTY TYPEResidential - Single Family
SUBDIVISIONGROVE HEIGHTS ANNEX
Property Description
INVESTOR ALERT! 3 RENTED UNITS | $5,802/MO RENT | NEW ROOF, A/C & WATER HEATERS!**Opportunity is knocking in St. Petersburg!**This income-producing multi-family property features **three rented units**, established rental income, and major recent upgrades.**Unit A:** 3/1 - $1,900/mo - 1-year lease, recently renewed**Unit B:** 2/1 - $1,902/mo - approximately 8 months remaining**Unit C:** 2/1 - $2,000/mo - month-to-month**Recent Upgrades:** New roof (2023), new A/C (2023), new water heaters (2023), plus plumbing and electrical updates (2018).**Current Expenses:** Property taxes $5,958.54/year; insurance approximately $4,000/year; electricity approximately $3,360/year; water approximately $2,160/year. Repairs and maintenance are variable.Owner currently pays water and electricity for the **two rear apartments**. Tenant in the main house pays their own utilities.With **three occupied units and $5,802 in current monthly rental income**, this property offers an established income stream with significant improvements already completed. Schedule your showing today!**
Property Features
Property Type: Residential - Single Family
Cooling: Central Air
Heating: Central
Lot Size: 0.12 Acres
Roof Type: Shingle
Stories: 1.0
Taxes: $6,206
Year Built: 1948
Amenities
Ceiling Fans(s)
None
Feature Descriptions
Appliances: Range, Refrigerator
Days on Site: 16
Directions: From I-175 E take the exit toward M L King Jr St S, 8th St S, turn right onto Dr Martin Luther King Jr St S, turn right onto Seventh Ave S, turn left onto 12th St S, turn right, the destination is on your left
Exterior: Stucco
Flood Zone Code: X
Flooring: Carpet, Vinyl
Foundation: Block
Home Warranty Y/N: No
Listing Terms: Cash, Conventional
Lot Dimensions: 0.12
Other Equipment: None
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Single Family Residence
Sewer: Public Sewer
Showing Instructions: Call Listing Agent, ShowingTime
Special Sale Provisions: None
Utilities: Electricity Connected, Sewer Connected, Water Connected
Water: Public
Water Access Y/N: No
Local Schools
High School: Lakewood High-PN
Middle School: Bay Point Middle-PN
Elementary School: Lakewood Elementary-PN
Listed By / Shown By
Listed By
Agency Name: FLORIDA REAL ESTATE ASSOCIATES
Agency Contact: 813-238-6111
Shown By
Agency Title: Realty 100
Agency Phone: 954-859-2100
Estimate Your Payment
Estimated Payment
$ 1,989.75 per month $1,301.96 Principal & Interest $517.17 Property Tax $170.63 Homeowner's Insurance
721 12th Street S | MLS# TB8549912
This single family home located at 721 12th Street S, Saint Petersburg, FL 33705 is currently listed for sale with an asking price of $585,000. This property was built in 1948 and has 7 bedrooms and 3 full baths with 2097 sq. ft. 12th Street S is located in the GROVE HEIGHTS ANNEX subdivision. Search GROVE HEIGHTS ANNEX real estate on www.realty100.com today.