19 29TH ST N #Lot 7
3, 3, 3,111ft²
MLS#: U8252956
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4761 1ST AVE N, ST PETERSBURG, 33713
- $1,150,000
- 8 Beds, 5 Baths , 2,515 Sq.Ft
- County: Pinellas
- Subdivision: CENTRAL PARK REV
Property highlights
- MLS#: W7861395
- 6,351.00 lot size Sq.Ft.
- Year built: 1925
- Listed: 01/26/2024
- Taxes: $8,539.00
Property Overview
DO NOT APPROACH ANY PROPERTY & DISTURB TENANTS CONFIDENTIALITY AGREEMENT REQUIRED FOR ADDITIONAL INFORMATION *This is an income producing property* Well-established single-family home with an ADU in St Petersburg with a projected $94,745 of Net Operating Income on existing leases in the NTM. Many leases are below market w/ significant rent growth available upon turnover. The property had a full gut renovations in 2021 with new roofs, electricity, plumbing, hvac, kitchens, baths, drywall, cabinets, lighting, pavers and flooring. This property has higher end finishes and have been built to last. This property is located in an area with significant new development activity, and is zoned in the new zoning district NTM-1. This property is best suited for a passive, cash flow oriented investor(s) seeking a stable long term investment in a fast-growing market of St Petersburg, Florida. Property management in place and willing to manage post transaction for 10% of collected rent. Potential buyers must prove financial ability to close and be familiar with valuing property based on cash flow. Seller will give preference to offers with lower loan to value ratios. Seller may consider seller financing with the right legal structure and a minimum of $350k of cash equity and no other liens. Seller is local, believes in the upside potential of this portfolio, is willing to stay involved, and is selling to facilitate retirement.
Driving directions : head south on US-19, make right on 1st Ave N, and then house will be on right side of the street between 47th St and 48th St
Property Features
| Rooms | Dimension | Description |
|---|---|---|
| Primary Bedroom | 13x12 | First level |
| Living Room | 22x12 | First level |
| Kitchen | 11x12 | First level |
Interior Features
- Living Room/Dining Room Combo
- Thermostat
Appliances
- Disposal
- Dryer
- Gas Water Heater
- Microwave
- Range
- Refrigerator
- Washer
- Water Softener
Heating
- Central
- Electric
- Gas
- Wall Units / Window Unit
Laundry features
- Gas Dryer Hookup
- Laundry Room
- Washer Hookup
Air Conditioning
- Central Air
- Mini-Split Unit(s)
Floor Covering
- Wood
Utilities
- BB/HS Internet Available
- Electricity Available
- Electricity Connected
- Public
- Sewer Available
- Sewer Connected
- Solar
- Street Lights
- Underground Utilities
- Water Available
- Water Connected
Exterior features
- Courtyard
- Lighting
- Outdoor Shower
Parking features
- Driveway
- Parking Pad
Construction Materials
- Wood Frame
Road Surface Type
- Paved
Roof
- Shingle
Foundation
- Crawlspace
Vegetation
- Mature Landscaping
School Information
- Elementary school: Northwest Elementary-PN View more listings
- Middle school: Azalea Middle-PN View more listings
- High school: Boca Ciega High-PN View more listings
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Listing data comes from My Florida Regional MLS.
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