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!**
Property Features
Utilities
Electricity Connected
Sewer Connected
Water Connected
Cooling Information
Central Air
Heating Information
Central
Water Features
Public
School Information
School Information for 721 12TH S STREET, ST PETERSBURG, FL 33705
Elementary School
Lakewood Elementary-PN
Middle School
Bay Point Middle-PN
High School
Lakewood High-PN
Listing Courtesy: FLORIDA REAL ESTATE ASSOCIATES - 813-238-6111