$275,000
$295,000
6.8%For more information regarding the value of a property, please contact us for a free consultation.
3 Beds
1 Bath
1,202 SqFt
SOLD DATE : 02/18/2022
Key Details
Sold Price $275,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,202 sqft
Price per Sqft $228
Subdivision Thuma
MLS Listing ID U8151113
Sold Date 02/18/22
Bedrooms 3
Full Baths 1
Construction Status Inspections
HOA Y/N No
Year Built 1972
Annual Tax Amount $3,589
Lot Size 4,356 Sqft
Acres 0.1
Lot Dimensions 50x90
Property Description
This is a 3 Bedroom 1 Bathroom Block Home with covered parking area/carport located in Saint Petersburg Florida. Buy your first home, Stop paying rent or start your own business by leasing out a tested and proven income property! Professional property management is in place if you wish to retain their services. With mostly minor cosmetic repairs you could save money buying this home in AS/IS condition or you could wait for repairs/updates to be complete by the owner which are soon to be underway. The roof was replaced in 2015. Listed price reflects updates and repairs to be done. Owner plans to update and repair but is willing to accept offers for AS/IS condition. Third Bedroom is a converted patio (Square footage on Property Appraiser does not include this space/please see executive summary attached). Current 2021 CAP Rate was 2.8. An Investor could easily reach 4.6 or higher with a rent increase (Please see attached Executive summary/please contact me if you cannot find it). This has been a great investment property with plenty of room for improvements and rent increase. If you have any further questions or would like to schedule a showing please reach out to me directly.
Location
State FL
County Pinellas
Community Thuma
Direction N
Interior
Interior Features Ceiling Fans(s), Thermostat
Heating Central
Cooling Central Air, Wall/Window Unit(s)
Flooring Laminate, Tile
Furnishings Unfurnished
Fireplace false
Appliance Cooktop, Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator
Exterior
Exterior Feature Fence
Fence Wood
Utilities Available Electricity Connected, Public, Sewer Connected, Water Connected
Waterfront false
Roof Type Shingle
Garage false
Private Pool No
Building
Story 1
Entry Level One
Foundation Slab
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water None
Structure Type Block
New Construction false
Construction Status Inspections
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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Bought with DALTON WADE INC
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "