TWO historic hurricanes and this duplex came through with FLYING colors, NO flooding and NO damage!!! An extraordinary opportunity in the very desirable neighborhood of Magnolia Heights in St Petersburg, FL. This duplex is located on a HUGE lot of land, two doors down from new homes that sold for $1 million+.
The two units, as is, together have a history of cash flowing $4K a month (long-term rentals). The units are currently empty to make the selling process easier. The property could use some updating AND still continues to cash flow as is.
New roof 2021 | lower unit Mini Split, upper unit central HVAC 2022 | Water Heater 2022 | Tented for Termite 2022 | Luxury vinyl throughout building 2022 | Kitchens in both units updated | (1) electric & water meter for the property.
Another option is, to take advantage of this gorgeous piece of land in Magnolia Heights, drop the building and create your dream home. The neighborhood is known for its blend of historic and modern homes, mature tree-lined streets and strong sense of community.
This property is NOT in a flood zone and is a high-and-dry neighborhood. There are brand-new coffee shops & breweries a couple blocks away. There is a nearby Whole Foods & Trader Joes. You are minutes away from vibrant, cultural downtown St. Petersburg, retail shopping, restaurants, parks & recreational areas, Tampa International Airport, and the pristine beaches of the area.
Priced below appraised VALUE!
Prior to Oct 27, '24
|
$440,000
|
Oct 27, '24 - Today |
$434,900 |
AIR |
Central Air |
AIR CONDITIONING |
Yes |
AREA |
33704 - St Pete/Euclid |
HEAT |
Central |
LOT |
6098 sq ft |
LOT DIMENSIONS |
50x122 |
SEWER |
Public Sewer |
SUBDIVISION |
HUDSON CITY SUB REV REP |
TAXES |
4766.08 |
UTILITIES |
Electricity Connected, Sewer Connected, Water Connected |
WATER |
Public |
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Listing provided by Laura Marie, EXP REALTY LLC, 888-883-8509
The information contained herein has been provided by My Florida Regional MLS DBA Stellar MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Listings last updated 11/22/24 9:18 PM PST.
This IDX solution is (c) Diverse Solutions 2024.
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