905 James Avenue S St Petersburg, FL 33705
Multi-Family (2-4 Units)
MLS #: TB8330624
Courtesy Of eXp Realty LLC
Property InformationDescription
Prime Investment Opportunity in St. Petersburg, FL
PROPERTY HIGHLIGHTS....This unique single-family home is an investor s dream, offering 3 distinct rental units. Each unit is currently occupied by high-quality, reliable tenants. Situated in a high-demand, transitional neighborhood that s rapidly appreciating on a large lot. This property is perfect for those seeking long-term growth and steady income.........
All major furnishings & appliances are the owner s and will convey. Tenants items DO NOT convey. The side unit has a washer & dryer and the other 2 units share a washer & dryer. Each unit has 1 off street parking space. Roof 2024, Hot-water Heater 2023, Termite Treatment 2022. ANNUAL LEASES IN PLACE..... NOT in a flood zone.....
HUGE LOCATION POTENTIAL Located just under a mile from vibrant downtown St. Petersburg, this property offers unparalleled convenience. This prime location ensures that residents have convenient access to cultural, recreational, and essential services while also being close to grocery stores, shopping and amazing restaurants. This enhances the property's appeal to potential tenants.
INVESTOR BENEFITS
* Turnkey income: With three excellent, annual lease tenants already in place, enjoy immediate cash flow....
* Rapid appreciation: The neighborhood s ongoing transformation adds significant potential for equity growth....
* Low vacancy risk: The location ensures consistent demand....
* Current GROSS INCOME $51,600......NET INCOME $32,985....
* CAP Rate 10 percent.....
Whether you're a seasoned investor or new to the market, this property offers the perfect combination of LOCATION, STABILITY, and GROWTH POTENTIAL. Secure your investment opportunity today!
.......Contact us now for more details or to schedule a private tour! CASH ONLY
PROPERTY HIGHLIGHTS....This unique single-family home is an investor s dream, offering 3 distinct rental units. Each unit is currently occupied by high-quality, reliable tenants. Situated in a high-demand, transitional neighborhood that s rapidly appreciating on a large lot. This property is perfect for those seeking long-term growth and steady income.........
All major furnishings & appliances are the owner s and will convey. Tenants items DO NOT convey. The side unit has a washer & dryer and the other 2 units share a washer & dryer. Each unit has 1 off street parking space. Roof 2024, Hot-water Heater 2023, Termite Treatment 2022. ANNUAL LEASES IN PLACE..... NOT in a flood zone.....
HUGE LOCATION POTENTIAL Located just under a mile from vibrant downtown St. Petersburg, this property offers unparalleled convenience. This prime location ensures that residents have convenient access to cultural, recreational, and essential services while also being close to grocery stores, shopping and amazing restaurants. This enhances the property's appeal to potential tenants.
INVESTOR BENEFITS
* Turnkey income: With three excellent, annual lease tenants already in place, enjoy immediate cash flow....
* Rapid appreciation: The neighborhood s ongoing transformation adds significant potential for equity growth....
* Low vacancy risk: The location ensures consistent demand....
* Current GROSS INCOME $51,600......NET INCOME $32,985....
* CAP Rate 10 percent.....
Whether you're a seasoned investor or new to the market, this property offers the perfect combination of LOCATION, STABILITY, and GROWTH POTENTIAL. Secure your investment opportunity today!
.......Contact us now for more details or to schedule a private tour! CASH ONLY
Features
- Age: Over 50 Years Old
- Amenities: Ceiling Fan
- Architecture Style: Other
- Heating System: Central Furnace
- Lot Size: 0.1 Acres
MAP & DIRECTIONS
School Information
905 James Avenue S, St Petersburg, FL 33705
Elementary School
Grades PK-5 |
Public School
CAMPBELL PARK ELEMENTARY
Saint Petersburg, FL 33705
1051 7th Ave S
727.893.2650
Distance: 0.3 mi
School Rating
B
Student:Teacher Ratio
12:1
Total Students
549
Middle School
Grades 6-8 |
Public School
JOHN HOPKINS MIDDLE SCHOOL
Saint Petersburg, FL 33705
701 16th St S
727.893.2400
Distance: 0.6 mi
School Rating
C-
Student:Teacher Ratio
16:1
Total Students
698
High School
Grades 9-12 |
Public School
GIBBS HIGH SCHOOL
Saint Petersburg, FL 33711
850 34th St S
727.893.5452
Distance: 1.9 mi
School Rating
D+
Student:Teacher Ratio
17:1
Total Students
1140
| Other Nearby Schools | Distance | Type | Grades | School Rating |
|---|---|---|---|---|
| Midtown Academy | 0.5 mi | Public | KG-5 | B |
| Pinellas Mycroschool Of Integrated Academics And Technologie | 0.5 mi | Public | 9-12 | F |
| Melrose Elementary | 0.6 mi | Public | PK-5 | C+ |
| Mount Zion Christian Academy | 0.8 mi | Private | KG-5 | |
| Arqam's Academy | 1.0 mi | Private | KG-6 | |
| Perkins Elementary School | 1.2 mi | Public | PK-5 | B- |
| Academy Preparatory Center Of St Petersburg | 1.3 mi | Private | 5-8 | |
| James B. Sanderlin K-8 | 1.4 mi | Public | KG-8 | B+ |
| Lakeview Fundamental Elementary School | 1.5 mi | Public | PK-5 | B+ |
| St. Petersburg High School | 1.8 mi | Public | 9-12 | C+ |
| Charles Britt Academy | 1.9 mi | Public | 6-12 | |
| Lakewood Elementary | 2.0 mi | Public | PK-5 | B- |
| Woodlawn Elementary | 2.0 mi | Public | PK-5 | C- |
| St Paul Catholic School | 2.0 mi | Private | PK-8 | |
| Douglas L. Jamerson Jr. Elementary School | 2.1 mi | Public | PK-5 | C+ |
| Mt Moriah Christian Fundamental Academy | 2.2 mi | Private | 6-8 | |
| Southside Christian Academy | 2.3 mi | Private | KG-5 |
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.
Demographic Data
Saint Petersburg, FL 33705
| Median Age: | 44 |
|---|---|
| Married: | 34% |
| Number of Households: | 12,601 |
| Households with Children: | 18.4% |
Saint Petersburg, FL 33705
Demographic Data
-
Occupancy Types
- 0 Vacant
- 0 Owned
- 0 Rented
-
Transportation to Work
- 0 Drive
- 0 Public Transportation
- 0 Walk / Bike / Other
- 0 Work at Home
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