1757 Russell Street S, St Petersburg, FL 33710

$532,000
8
BD
4
BA
2,500
SqFt

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Sold Price
$532,000
List Price
$460,000
Status
Sold
Days on Market
7
Closing Date
Nov 29, 2023
MLS#
T3484175
Property Style
Quadruplex
Year Built
1962
Bedrooms
8
Bathrooms
4
Living Area
2,500
Lot Size
6,560
Acres
0.15
Total Acreage
0 to less than 1/4
Legal Subdivision Name
La Plaza Add
MLS Area Major
St Pete/Crossroads

Property Description

This BLOCK quadplex presents a prime investment opportunity, offering a blank canvas to savvy investors aiming to capitalize on the burgeoning rental market. Being sold in its current as-is condition, it provides a unique chance to customize and upgrade according to the new owner’s vision, maximizing its potential for attracting tenants. Strategically located near the heart of downtown St. Petersburg, this property is situated in an area experiencing positive growth and development, promising a favorable environment for both short-term renovation ROI and long-term asset appreciation. Each unit within this building features a 2-bedroom, 1-bathroom layout, ideal for a range of tenants. Astute investors may consider the option of occupying one unit while leasing the others, a strategy that can effectively offset mortgage expenses through rental income. Given the attractive features and location of this property, demand is expected to be high. Prospective investors are encouraged to act promptly to secure this investment. Viewing appointments are available upon request – a swift inquiry is advisable to avoid missing out on this compelling opportunity.

Additional Information

Taxes
$4514
Community Features
None, No Deed Restriction
Property Description
One Story
Zoning
MULTI
Interior Layout
Ceiling Fans(s)
Interior Features
Ceiling Fans(s)
Appliances
Electric Water Heater, Range, Refrigerator
Utilities
Electricity Connected, Sewer Connected, Water Connected
Heating
Central
Air Conditioning
Central Air
Exterior Construction
Block
Exterior Features
Balcony
Roof
Shingle
Foundation
Slab
Pool
No Pool
Garage Features
On Street
Flood Zone Code
x
Parcel ID
25-31-16-50040-000-0040
Legal Description
La Plaza Add Lot 4 & N 6.5 Ft Of Lot 3 Tr 50040

Listing courtesy of BAHIA INTERNATIONAL REALTY. 813-879-6800

Selling Office: INSTA REAL ESTATE SOLUTIONS.

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