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Income-producing St. Petersburg rental opportunity featuring 3 bedrooms, 1 bathroom and approximately 1,176 square feet of living space. The residence is currently tenant occupied and generating $2,010 per month, allowing an investor to acquire an established rental property with income already in place. INVESTOR & PORTFOLIO OPPORTUNITY: This property is tenant occupied and is being offered as part of a larger portfolio of income-producing residential properties throughout Pinellas County. The single-family portfolio is being offered at pricing structured to provide an approximately 6.5% capitalization rate based on current rents and portfolio underwriting assumptions. Seller is seeking investor interest in the acquisition of the entire portfolio, although individual offers may also be considered. Please do not disturb tenants.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Stephanie LeFew | Keys To Castles Group
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Listed by Zach Steinberger (#MFR260047075)
Listing Office: COMPASS FLORIDA LLC (#MFR260033445)
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