6301 23rd Street N, St Petersburg, FL 33702

$250,000
2
BD
2
BA
1,195
SqFt

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List Price
$250,000
Status
Active
Days on Market
0
MLS#
TB8547222
Property Style
Townhouse
Year Built
1974
Bedrooms
2
Bathrooms
2
Living Area
1,195
Total Acreage
Non-Applicable
Building Name
6301
Legal Subdivision Name
Barkwood Square Condo
MLS Area Major
St Pete

Property 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.

Additional Information

Taxes
$2796
Minimum Lease
1-2 Years
Hoa Fee
$650
HOA Payment Schedule
Monthly
Maintenance Includes
Common Area Taxes, Insurance, Maintenance Structure, Maintenance Grounds, Maintenance, Pool, Sewer, Trash, Water
Community Features
Deed Restrictions, Pool, Sidewalks
Property Description
Two Story
Interior Layout
Ceiling Fans(s)
Interior Features
Ceiling Fans(s)
Floor
Tile, Vinyl
Appliances
Cooktop, Range, Refrigerator
Utilities
Cable Connected, Electricity Connected, Sewer Connected, Water Connected
Heating
Central, Electric
Air Conditioning
Central Air
Exterior Construction
Frame
Exterior Features
Balcony
Roof
Shingle
Foundation
Slab
Pool
Community
Pool Type
In Ground
Pets
Allowed
Flood Zone Code
X
Parcel ID
35-30-16-02735-000-6301
Legal Description
BARKWOOD SQUARE CONDO UNIT 6301

Listing courtesy of COMPASS FLORIDA LLC. 727-380-2067

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