Do Real Estate on the Go!
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Do Real Estate on the Go!
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$339,900
2 Beds
- 2 Baths
1,107sqft
2220 7Th St S, St Petersburg, FL 33705
$339,900
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Duplex
Built in 1947
$-- HOA
6,207 sqft lot
$307/sq.ft
Description
Major Price Reduction – 8.06% Cap Rate on Fully Renovated Duplex
This turnkey duplex in St. Petersburg has received a strategic price reduction and is ready for immediate occupancy and income generation. The property includes two 1-bedroom, 1-bath units fully renovated in 2023 with modern finishes, updated systems, and durable materials, making it a low-maintenance investment with strong rental potential. Financials based on market rents: adjusted price $339,900, projected annual gross income of $36,000 ($3,000 per month), and a Net Operating Income (NOI) of $28,200, reflecting an estimated 8.06% cap rate. The property is located in the desirable 33705 ZIP code, minutes ...
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1947
HOA Fees
-
Finished Area
1,107 sqft
Lot Size
6,207 sqft lot
Basement Area
- sqft
MLS Name
Stellar MLS
MLS Number
TB8425755
MLS Status
Active
Days on Market
86
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