DON’T MISS OUT ON THIS REMARKABLE INVESTMENT OPPORTUNITY! This spacious 4-bedroom, 1-bathroom main house is currently rented out for an impressive $2,400 per month, providing a solid income stream. Additionally, the property features a detached 1-bedroom, 1-bath unit that is rented for $1,194 per month. In total, this reliable income producing property with Housing Authority tenants in place is bringing-in an impressive $3,594 per month. Both units have separate water and electric meters, ensuring tenants cover their own utility costs. With cosmetic renovations completed in the last two years and essential systems like the roof, HVAC, and water heater estimated to be just 3-5 years old, this property is ready for you to reap the rewards. Act quickly to make this lucrative investment yours!
Property Details
Price:
$349,999
MLS #:
TB8339777
Status:
Active
Beds:
5
Baths:
2
Address:
1501 NEWARK STREET S
Type:
Multi Family
Subtype:
Duplex
Subdivision:
RICHARDSONS W E
Neighborhood:
33711 – St Pete/Gulfport
City:
ST PETERSBURG
Listed Date:
Jan 16, 2025
State:
FL
Finished Sq Ft:
1,344
Total Sq Ft:
1,344
ZIP:
33711
Lot Size:
4,844 sqft / 0.11 acres (approx)
Year Built:
1925
Units:
2
Schools
Interior
Cooling
Central Air
Flooring
Tile
Heating
Central, Electric
Laundry Features
Electric Dryer Hookup, Washer Hookup
Exterior
Construction Materials
Wood Frame
Exterior Features
Private Mailbox, Sidewalk
Roof
Shingle
Financial
Tax Year
2024
Taxes
$3,781
Map
Community
- Address1501 NEWARK STREET S ST PETERSBURG FL
- SubdivisionRICHARDSONS W E
- CityST PETERSBURG
- CountyPinellas
- Zip Code33711
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Courtesy of INSTA REAL ESTATE SOLUTIONS. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Stellar MLS. Detailed information about real estate listings held by brokerage firms other than CENTURY 21 Carioti include the name of the listing broker. Neither the listing company nor CENTURY 21 Carioti shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. Stellar MLS. All rights reserved. 1501 NEWARK STREET S
ST PETERSBURG, FL
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