935 17th Avenue S, St Petersburg, FL 33705
- $549,900
- 8
- BD
- 4
- BA
- 2,448
- SqFt
- List Price
- $549,900
- Status
- ACTIVE
- MLS#
- TB8526429
- Bedrooms
- 8
- Bathrooms
- 4
- Living Area
- 2,448
- Subdivision
- Armstrongs Sub F A
Property Description
Virtually Staged. Investor Special! Fully updated duplex featuring two identical 4BR/2BA units (1,224 SF each) with excellent cash-flow potential. Each unit is currently listed for rent at $2,995/month, with HUD Fair Market Rent up to $3,195/month, providing immediate upside. Opportunity to achieve a 10%++ cap rate and strong DSCR financing potential. Recent improvements include updated roof, updated kitchens, updated bathrooms, new flooring, new lighting, butcher block countertops, and washer/dryer hookups in each unit, creating a low-maintenance investment with minimal deferred maintenance. Each unit also features a private fenced backyard. Situated on an oversized corner lot, the parcel also includes a separate detached concrete RV parking pad/lot - which can be rented for an additional $650/month adding even more value to this property. Just minutes from Downtown St. Petersburg, shopping, dining, major employers, and local colleges—an area with consistently strong rental demand. Ideal for buy-and-hold investors, DSCR buyers, or a 1031 exchange, with immediate income potential and room for future rent growth.
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Additional Information
- Year Built
- 1953
- Construction
- Frame
- Living Area
- 2,448
- Acres
- 0.16
- Interior Features
- Solid Surface Counters
- Cooling
- Wall/Window Unit(s)
- Heating
- None
- Exterior Features
- Private Mailbox, Private Yard
- Sewer
- Public Sewer
- Stories
- 1
- Pets
- Yes
Listing courtesy of EXP REALTY LLC.
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