$230,000
$239,000
3.8%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
1 Bath
1,161 SqFt
SOLD DATE : 10/27/2023
Key Details
Sold Price $230,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,161 sqft
Price per Sqft $198
Subdivision Ridgewood Terrace
MLS Listing ID T3475130
Sold Date 10/27/23
Bedrooms 4
Full Baths 1
Construction Status No Contingency
HOA Y/N No
Originating Board Stellar MLS
Year Built 1928
Annual Tax Amount $1,264
Lot Size 6,534 Sqft
Acres 0.15
Lot Dimensions 50x135
Property Description
Welcome to 3475 18th Ave S, an exceptional investment opportunity! This recently updated property is a dream come true for real estate investors looking to maximize their returns.Featuring 4 bedrooms and 1 bathroom, this home is currently generating an impressive $2,422 per month in rental income, with a reliable Housing Authority tenant already in place. With a steady stream of rental income, you can enjoy consistent cash flow while building your real estate portfolio.The recent renovations have made this property truly stand out. A newer roof, HVAC system, water heater, and electric panel ensure that you won't have to worry about major repairs or replacements in the foreseeable future. The kitchen has been updated with new cabinets, tile flooring installed throughout, freshly painted inside & out!With its vibrant arts scene, stunning beaches, and a wide range of recreational activities, St. Petersburg attracts a diverse and thriving rental market. As an investor, you can take advantage of the city's strong rental demand and capitalize on the potential for long-term appreciation.Don't miss out on this exceptional opportunity to add a lucrative property to your investment portfolio. With its recent updates, reliable rental income, and location, this property is poised to deliver impressive returns. Contact us today to secure your position as a successful real estate investor in the thriving market of St. Petersburg, Florida!
Location
State FL
County Pinellas
Community Ridgewood Terrace
Zoning 0110
Direction S
Interior
Interior Features Thermostat
Heating Electric
Cooling Central Air
Flooring Tile
Furnishings Unfurnished
Fireplace false
Appliance Range
Exterior
Exterior Feature Private Mailbox
Parking Features Driveway
Utilities Available Electricity Connected, Sewer Connected, Water Connected
Roof Type Shingle
Porch Front Porch
Garage false
Private Pool No
Building
Lot Description City Limits, Level, Sidewalk
Entry Level One
Foundation Crawlspace, Pillar/Post/Pier
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Architectural Style Bungalow, Mediterranean
Structure Type Stucco, Wood Frame
New Construction false
Construction Status No Contingency
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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Bought with DARLING ROBERSON REALTY
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Agent | License ID: SL3269324