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Carl Gresen

carlg@teamgresen.com +1(727) 202-2112

$ 250,000

Est. payment | -/mo

2 Beds

2 Baths

1,195 SqFt

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$ 250,000

Est. payment | -/mo

Save Virtual Tour

2 Beds

2 Baths

1,195 SqFt

Key Details

Property Type Townhouse

Sub Type Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 1,195 sqft

Price per Sqft $209

Subdivision Barkwood Square Condo

MLS Listing ID TB8547222

Bedrooms 2

Full Baths 2

HOA Fees $650/mo

HOA Y/N Yes

Annual Recurring Fee 7800.0

Year Built 1974

Annual Tax Amount $2,796

Property Sub-Type Townhouse

Source Stellar MLS

Property Description

Unique opportunity to acquire a tenant-occupied St. Petersburg townhome offering both immediate rental income and compelling underlying real estate value. The residence features 2 bedrooms, 2 bathrooms and approximately 1,195 square feet and is currently leased at $2,014 per month. The property is being marketed individually at $250,000, providing flexibility for buyers interested in the property as a standalone acquisition. INVESTOR & PORTFOLIO OPPORTUNITY: This property is tenant occupied and is being offered individually while also being available for inclusion in a larger portfolio of income-producing residential properties throughout Pinellas County. Portfolio pricing has been structured around an approximately 6.5% capitalization rate based on current rents, applicable association expenses and portfolio underwriting assumptions. Seller is seeking investor interest in the acquisition of the larger portfolio while preserving the opportunity to sell this property individually at market value. Please do not disturb tenants.

Location

State FL

County Pinellas

Community Barkwood Square Condo

Area 33702 - St Pete

Direction N

Interior

Interior Features Ceiling Fans(s)

Heating Central, Electric

Cooling Central Air

Flooring Tile, Vinyl

Furnishings Unfurnished

Fireplace false

Appliance Cooktop, Range, Refrigerator

Laundry Inside

Exterior

Exterior Feature Balcony

Pool In Ground

Community Features Deed Restrictions, Pool, Sidewalks

Utilities Available Cable Connected, Electricity Connected, Sewer Connected, Water Connected

View Y/N No

Water Access No

Roof Type Shingle

Exposure East

Garage false

Private Pool No

Building

Story 2

Entry Level Two

Foundation Slab

Lot Size Range Non-Applicable

Sewer Public Sewer

Water Public

Structure Type Frame

New Construction false

Others

Pets Allowed Yes

HOA Fee Include Common Area Taxes,Insurance,Maintenance Structure,Maintenance Grounds,Maintenance,Pool,Sewer,Trash,Water

Senior Community No

Ownership Condominium

Monthly Total Fees $650

Membership Fee Required Required

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8547222

Listed by Zach Steinberger COMPASS FLORIDA LLC

NEARBY SCHOOLS & PROPERTIES

"Molly's job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(727) 202-2112

carlg@teamgresen.com

6301 23RD ST N St Petersburg, FL 33702

Carl Gresen

Key Details

Location

Interior

Exterior

Building

Others

NEARBY SCHOOLS & PROPERTIES

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6301 23RD ST N