Courtesy of
- Listing Office: COMPASS FLORIDA LLC
- Status: Active
- MLS ID: MFRTB8547222
Description
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Description:
Unique opportunity to acquire a tenant-occupied St. Petersburg townhome offering both immediate rental income and compelling underlying real estate value. The residence features 2 bedrooms, 2 bathrooms and approximately 1,195 square feet and is currently leased at $2,014 per month. The property is being marketed individually at $250,000, providing flexibility for buyers interested in the property as a standalone acquisition. INVESTOR & PORTFOLIO OPPORTUNITY: This property is tenant occupied and is being offered individually while also being available for inclusion in a larger portfolio of income-producing residential properties throughout Pinellas County. Portfolio pricing has been structured around an approximately 6.5% capitalization rate based on current rents, applicable association expenses and portfolio underwriting assumptions. Seller is seeking investor interest in the acquisition of the larger portfolio while preserving the opportunity to sell this property individually at market value. Please do not disturb tenants.
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Basics
- Bathrooms Half: 0
- Date added: Added 1 hour ago
- Category: Townhouse
- Type: Residential
- Bedrooms: 2
- Bathrooms: 2
- Half baths: 0
- Floors: 2
- Area, sq ft: 1195 sq ft
- Lot size, sq ft: 0 sq ft
- Year built: 1974
- SubdivisionName: BARKWOOD SQUARE CONDO
Location
- CountyOrParish: Pinellas
- City / Department: ST PETERSBURG
Property Features
- Interior Features: Ceiling Fans(s)
- Appliances: Cooktop, Range, Refrigerator
- Flooring: Tile, Vinyl
- Laundry Features: Inside
- Pool Features: In Ground
- Pets Allowed: Yes
- Exterior Features: Balcony
- Roof: Shingle
- Water Source: Public
- Sewer: Public Sewer
- Cooling: Central Air
- Heating: Central, Electric
- Furnished: Unfurnished
Property Details
- Subdivision Name: BARKWOOD SQUARE CONDO
- Direction Faces: East
- Construction Materials: Frame
Association Information
- Association YN: Yes
- Association Fee: 650
- Association Fee Frequency: Monthly
- Association Fee Includes: Common Area Taxes, Insurance, Maintenance Structure, Maintenance Grounds, Maintenance, Pool, Sewer, Trash, Water
- Community Features: Deed Restrictions, Pool, Sidewalks
Fees&Taxes
- Tax Year: 2025
- Tax Annual Amount: $2,797
Amenities & Features
- Waterfront available: No
- GarageYN: No
- AttachedGarageYN: No
- FireplaceYN: No
- PoolPrivateYN: No
- Cooling: Central Air
- CommunityFeatures: Deed Restrictions, Pool, Sidewalks
- ExteriorFeatures: Balcony
- PoolFeatures: In Ground
- Utilities: Cable Connected, Electricity Connected, Sewer Connected, Water Connected
- Features:
- Amenities:
