1015 LOCUST STREET NE ST PETERSBURG FL 33701 MLS #U8236468

1015 LOCUST STREET NE
ST PETERSBURG, FL, 33701
$995,000
5 Beds
3 Baths
2,279 SqFt
0.15 Acres
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ATTACHMENT IN MLS / 100% Occupied – Excellent Cash Flow and Investment Opportunity without the worries of upkeep. Beautifully renovated on 10/21/2021 located in Historic Old North East is a great opportunity to expand or start your investment portfolio. With close proximity to Downtown St Petersburg (Bayshore Drive and Central Ave). this property is great for capitalizing on all that St. Pete has to offer. With mid term or long term rental possibility each unit offers comfortable and functional living spaces, providing an excellent opportunity for rental income. The well-designed floor plans maximize the use of space and provide a cozy atmosphere. Accompanied by numerous attractive features, such as NEWER Storm grade windows, fully remodeled kitchens encompassed with stainless steel appliances, quartz counter tops, and soft close cabinets to round off these kitchen areas. The elegantly remodeled bathrooms for this property provide a gentle aired touch of comfort and sophistication for tenants while easy to maintain for the landlord. Residents will enjoy other benefits such as well appointed closet space (some walk-in-closets) and the rare benefit for the area of covered parking in the rear of the property when needing to use their vehicles for travel or useful as private storage for tenants. Having the additional parking available on-street, and parking spaces off-street this property offers and clears any parking concerns one may have. With an immediate abundance of amenities nearby in Downtown St. Pete and being blocks from Vinoy Park, tenants are able capitalize on the ultra desirable location by biking or walking to their desired destinations. Such desirabilities would be sipping an almond mocha at black Crow Coffee Shop or taking a leisurely stroll to Vinoy Park and crack open a favorite novel on The Bay. Drop by for all-you-can-eat shrimp at 4th Street Shrimp Store before walking it off downtown to enjoy a libation, just in time for happy hour. Residents will also enjoy being a short distance away from local shops, entertainment and other restaurants in the area. With additional benefits such as access to major roads, providing quick connections to the surrounding Bay Area, Business Districts, Marina’s, and Beaches this property features the location, highlighted by the upgrades throughout the property and and presents and presents a great cash flow opportunity for those looking to purchase as investment or live in one unit and rent the others. Contact Alex today for more information!

Property Details

Price:
$995,000
MLS #:
U8236468
Status:
Active
Beds:
5
Baths:
3
Address:
1015 LOCUST STREET NE
Type:
Multi Family
Subtype:
Triplex
Subdivision:
PRESSTMANS GEO SUB
City:
ST PETERSBURG
Listed Date:
Apr 26, 2024
State:
FL
Finished Sq Ft:
2,279
ZIP:
33701
Lot Size:
6,625 sqft / 0.15 acres (approx)
Year Built:
1936
Units:
3
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Schools

Elementary School:
North Shore Elementary-PN
Middle School:
John Hopkins Middle-PN
High School:
St. Petersburg High-PN

Interior

Appliances
Built- In Oven, Dishwasher, Microwave, Refrigerator
Cooling
Central Air
Flooring
Tile, Hardwood
Heating
Central, Electric
Laundry Features
Electric Dryer Hookup, Inside, Laundry Closet, Laundry Room

Exterior

Construction Materials
Wood Frame, Wood Siding
Exterior Features
Balcony, French Doors, Lighting, Private Mailbox, Rain Gutters, Sidewalk, Storage
Parking Features
Covered, Curb Parking, Driveway, Ground Level, Guest, Off Street, On Street, Under Building
Roof
Shingle

Financial

Buyer Agent Compensation
3%-$395%
Tax Year
2023
Taxes
$15,598

Map

Community

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1015 LOCUST STREET NE
ST PETERSBURG, FL