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- 1757 Russell Street S, SAINT PETERSBURG, FL 33712
Property Photos
- MLS#: TB8318076 ( Residential Income )
- Street Address: 1757 Russell Street S
- Viewed: 5
- Price: $699,000
- Price sqft: $250
- Waterfront: No
- Year Built: 1962
- Bldg sqft: 2796
- Bedrooms: 8
- Total Baths: 4
- Days On Market: 52
- Additional Information
- Geolocation: 27.7529 / -82.6584
- County: PINELLAS
- City: SAINT PETERSBURG
- Zipcode: 33712
- Subdivision: La Plaza Add
- Provided by: INSTA REAL ESTATE SOLUTIONS
- Contact: Charles Rountree, P.A.
- 813-586-0654
- DMCA Notice
-
Description**QUADPLEX Investment Opportunity in St. Petersburg!** Welcome to 1757 Russell St, a cash flowing investment property that consists of four fully occupied units, each featuring 2 bedrooms and 1 bathroom. This property is ideal for savvy investors looking for steady income, as all units are currently rented to housing authority voucher recipients under annual lease agreements. The tenants are responsible for their own electric bills, while the landlord covers water expenses, making management straightforward and efficient. Each unit has been thoughtfully updated, ensuring a welcoming environment for residents and reducing the need for immediate repairs or renovations. This hidden gem offers significant potential for increased rental income. With three units occupied by one bedroom voucher recipients, there is an opportunity to raise rents by $300 to $500 per month per unit at time of lease renewal. This would enhance your investment returns and maximize the property's profitability. Dont miss out on this fantastic opportunity to own a well maintained, cash flowing multifamily property in a growing market. Don't miss out on this amazing opportunity!
Property Location and Similar Properties
All
Similar
Features
Home Owners Association Fee
- 0.00
Carport Spaces
- 0.00
Close Date
- 0000-00-00
Cooling
- Central Air
Country
- US
Covered Spaces
- 0.00
Exterior Features
- Sidewalk
Flooring
- Tile
Furnished
- Unfurnished
Garage Spaces
- 0.00
Heating
- Central
Interior Features
- Other
Legal Description
- LA PLAZA ADD LOT 4 & N 6.5 FT OF LOT 3
Levels
- One
Living Area
- 2500.00
Lot Features
- City Limits
- Level
- Near Public Transit
- Oversized Lot
- Paved
Area Major
- 33712 - St Pete
Net Operating Income
- 0.00
Parcel Number
- 25-31-16-50040-000-0040
Pets Allowed
- Yes
Possession
- Close of Escrow
Property Condition
- Completed
Property Type
- Residential Income
Roof
- Built-Up
- Membrane
Sewer
- Public Sewer
Tax Year
- 2024
Tenant Pays
- Electricity
Township
- 31
Utilities
- Cable Connected
- Electricity Connected
- Sewer Connected
- Water Connected
Virtual Tour Url
- https://www.propertypanorama.com/instaview/stellar/TB8318076
Water Source
- Public
Year Built
- 1962
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Listings provided courtesy of The Hernando County Association of Realtors MLS.
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Datafeed Last updated on December 28, 2024 @ 12:00 am
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