721 12th Street S, St Petersburg, FL 33705
- $585,000
- 7
- BD
- 3
- BA
- 2,097
- SqFt
- List Price
- $585,000
- Status
- Active
- Days on Market
- 0
- MLS#
- TB8549912
- Property Style
- Single Family
- Year Built
- 1948
- Bedrooms
- 7
- Bathrooms
- 3
- Living Area
- 2,097
- Lot Size
- 5,293
- Acres
- 0.12
- Total Acreage
- 0 to less than 1/4
- Legal Subdivision Name
- Grove Heights Annex
- MLS Area Major
- St Pete
Property Description
INVESTOR ALERT! 3 RENTED UNITS | $5,802/MO RENT | NEW ROOF, A/C & WATER HEATERS! **Opportunity is knocking in St. Petersburg!** This income-producing multi-family property features **three rented units**, established rental income, and major recent upgrades. **Unit A:** 3/1 — $1,900/mo — 1-year lease, recently renewed **Unit B:** 2/1 — $1,902/mo — approximately 8 months remaining **Unit C:** 2/1 — $2,000/mo — month-to-month **Recent Upgrades:** New roof (2023), new A/C (2023), new water heaters (2023), plus plumbing and electrical updates (2018). **Current Expenses:** Property taxes $5,958.54/year; insurance approximately $4,000/year; electricity approximately $3,360/year; water approximately $2,160/year. Repairs and maintenance are variable. Owner currently pays water and electricity for the **two rear apartments**. Tenant in the main house pays their own utilities. With **three occupied units and $5,802 in current monthly rental income**, this property offers an established income stream with significant improvements already completed. Schedule your showing today!**
/u.realgeeks.media/floridasbestrealtor/me2.jpg)
Additional Information
- Taxes
- $6206
- Community Features
- No Deed Restriction
- Property Description
- Two Story
- Interior Layout
- Ceiling Fans(s)
- Interior Features
- Ceiling Fans(s)
- Floor
- Carpet, Vinyl
- Appliances
- Range, Refrigerator
- Utilities
- Electricity Connected, Sewer Connected, Water Connected
- Heating
- Central
- Air Conditioning
- Central Air
- Exterior Construction
- Stucco
- Exterior Features
- None
- Roof
- Shingle
- Foundation
- Block
- Pool
- No Pool
- Elementary School
- Lakewood Elementary-Pn
- Middle School
- Bay Point Middle-Pn
- High School
- Lakewood High-PN
- Flood Zone Code
- X
- Parcel ID
- 25-31-16-33786-000-0110
- Legal Description
- GROVE HEIGHTS ANNEX LOT 11 & E 1/2 OF VAC ALLEY ADJ TO LOT 11
Listing courtesy of FLORIDA REAL ESTATE ASSOCIATES. 813-238-6111
Mortgage Calculator
StellarMLS is the source of this information via Internet Data Exchange Program. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale. Availability of any listing should always be independently verified. Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may violate relevant federal and state law. Data last updated on