6340 27th Street N, St Petersburg, FL 33702

$485,000
4
BD
3
BA
1,902
SqFt
List Price
$485,000
Status
Active
Days on Market
1
MLS#
TB8403226
Property Style
Duplex
Year Built
1984
Bedrooms
4
Bathrooms
3
Living Area
1,902
Lot Size
7,296
Acres
0.17
Total Acreage
0 to less than 1/4
Legal Subdivision Name
Sawgrass Acres Sub
MLS Area Major
St Pete

Property Description

Cash-Cow Duplex in Prime Location – Major Upside Potential! This fully rented turn-key duplex is a true cash-cow opportunity located in a high-demand, sought-after area. The property features two separately metered units: a spacious 2-bedroom, 2-bath unit and a well-maintained 2-bedroom, 1-bath unit. Both are currently occupied by reliable tenants, generating immediate income with minimal owner involvement. Rents are currently below market, offering significant upside to the CAP rate with future increases. Utilities are separately metered, keeping expenses low and management simple. Property sits high and dry! No flood insurance required. The property boasts ample parking for tenants, further enhancing desirability and tenant satisfaction. Whether you're a seasoned investor looking to expand your portfolio or seeking a low-maintenance, high-yield asset in a thriving rental market, this income-producing property is a smart and strategic investment. Don’t miss this rare chance to own a high-performing duplex with major upside in an unbeatable location!

Additional Information

Taxes
$6287
Minimum Lease
No Minimum
Location
City Limits, In County, Landscaped, Level, Paved
Community Features
No Deed Restriction
Zoning
RM-7.5
Interior Layout
Ceiling Fans(s)
Interior Features
Ceiling Fans(s)
Appliances
Dishwasher, Range, Refrigerator
Utilities
Electricity Connected, Sewer Connected
Heating
Central
Air Conditioning
Central Air
Exterior Construction
Block
Exterior Features
Fence, Sidewalk
Roof
Shingle
Foundation
Slab
Pool
No Pool
Garage Features
Driveway, Parking Pad
Flood Zone Code
x
Parcel ID
35-30-16-78772-000-0060
Legal Description
SAWGRASS ACRES SUB LOT 6

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of RE/MAX METRO. 727-896-1800

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