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Key Details
Sold Price $770,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,530 sqft
Price per Sqft $304
Subdivision Palmetto Park
MLS Listing ID T3507550
Sold Date 11/01/24
Bedrooms 6
Construction Status Inspections
HOA Y/N No
Originating Board Stellar MLS
Year Built 1925
Annual Tax Amount $8,027
Lot Size 5,662 Sqft
Acres 0.13
Lot Dimensions 50x110
Property Description
MOTIVATED SELLER- Welcome to your dream INVESTMENT opportunity in the heart of St. Petersburg, Florida! FREE HOME WARRANTY ON ALL UNITS/CLEAN 4 POINT AND WIND MIT TRANSFERABLE TO BUYER This completely REMODELED cash-flowing TRIPLEX is situated just one block from Central Ave on a CORNER-LOT, offering convenience and charm in equal measure. Step into modern luxury with a host of recent upgrades including a NEW ROOF in 2021, BRAND NEW CENTRAL HVAC and DUCT WORK installed in 2023, NEW PLUMBING 2023 throughout the property including water lines, NEW ELECTRICAL IN 2023 including brand new ELECTRICAL PANELS AND 3 NEW SEPARATE ELECTRIC METERS, NEW LUXURY VINYL PLANK FLOORING throughout, FRESH EXTERIOR AND INTERIOR PAINT 2023, and NEW WINDOWS 2023, ensuring peace of mind for years to come with all permits on public record. Each unit has 2 bedrooms and 1 bathroom with one currently being occupied and rented at $2,500 dollars per month on a 1 year lease expired Jan 2025. The front unit, Unit A, is the largest unit having 2 bedrooms, 1 bathroom plus an OFFICE/DEN area as well as a FIREPLACE. The upstairs unit, Unit B, has a separate a dining room off the kitchen, 2 bedrooms, 1 bathroom and a separate laundry room area currently 2 tenants with each tenant paying $1200 per month. This unit is FULLY FURNISHED with queen beds w/headboards, couch, TVs in bedrooms, TV in living room, fully kitchen set and MORE! Unit C is the back unit and has 2 bedrooms, 1 bathroom with a MUD ROOM in the front for additional storage space. Rented at $2,000 per month lease expiring September 2025. This unit does have 2 bedrooms however one of the bedrooms is really ideal for an office space. The units have NEW CEILING FANS in the living rooms and bedrooms as well as LED mirrors in all the bathrooms, making this triplex primed for efficiency and functionality. Inside each unit, you'll find contemporary finishes and thoughtful touches at every turn including glass door knobs! Enjoy the convenience of NEWER STAINLESS STEEL APPLIANCES, complete with DISHWASHERS, and stackable front-loading WASHER AND DRYERS in each unit. Organized living is made easy with CLOSET ORGANIZERS in bedrooms boasting WALK-IN CLOSETS, while CEILING FANS keep the living spaces and bedrooms comfortable year-round. The kitchens and bathrooms feature NEW CABINETS, QUARTZ countertops, and gold faucets and knobs for a modern look! Outside, the property dazzles with freshly painted exteriors featuring a CHIC MURAL, adding a touch of character to the neighborhood as well as NEW LANDSCAPING IN 2024. The property has its own PARKING LOT in the back of the property containing 6 PARKING SPACES, ensuring hassle-free parking for residents and guests alike. But the perks don't end there - this triplex comes complete with a CLEAN 4 POINT INSPECTION (see attached) and WIND MITIGATION REPORT completed in 2024, transferable to the buyer. Plus, enjoy a FREE HOME WARRANTY on all units, providing further assurance of a worry-free investment. Tenants pay electric as there are 3 separate electric meters and the owner pays water with the property only having 1 water meter. Don't miss your chance to own this meticulously updated triplex in a prime location, perfectly blending modern convenience with St. Pete's timeless charm. Schedule your showing today and seize the opportunity to make this cash-flowing gem yours! PLEASE SEE ATTACHMENTS WITH FINANCING PACKAGE, INSURANCE QUOTE, INSPECTION REPORTS, AND MORE!
Location
State FL
County Pinellas
Community Palmetto Park
Direction S
Interior
Interior Features Ceiling Fans(s), Open Floorplan, Walk-In Closet(s), Window Treatments
Heating Central
Cooling Central Air
Flooring Luxury Vinyl
Fireplace true
Appliance Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
Laundry Laundry Room
Exterior
Exterior Feature Other
Utilities Available Public
Roof Type Shingle
Garage false
Private Pool No
Building
Entry Level Two
Foundation Other
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Wood Frame
New Construction false
Construction Status Inspections
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Special Listing Condition None
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© 2024 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Bought with REAL BROKER, LLC
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Jon Penny
Team Leader-Broker Associate | License ID: BK3055942
Team Leader-Broker Associate License ID: BK3055942