6340 27TH ST N new Save Request In-Person Tour Request Virtual Tour
St Petersburg,FL 33702
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,902 sqft
Price per Sqft $254
Subdivision Sawgrass Acres Sub
MLS Listing ID TB8403226
Bedrooms 4
Year Built 1984
Annual Tax Amount $6,287
Lot Size 7,405 Sqft
Property Sub-Type Duplex
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!
Location
State FL
County Pinellas
Community Sawgrass Acres Sub
Area 33702 - St Pete
Zoning RM-7.5
Interior
Heating Central
Cooling Central Air
Laundry Inside,Laundry Room
Exterior
Exterior Feature Fence,Sidewalk
Parking Features Driveway,Parking Pad
Utilities Available Electricity Connected,Sewer Connected
Roof Type Shingle
Building
Lot Description City Limits,In County,Landscaped,Level,Paved
Foundation Slab
Sewer Public Sewer
Water Public
Structure Type Block
New Construction false
Others
Acceptable Financing Cash,Conventional,FHA,VA Loan
Listing Terms Cash,Conventional,FHA,VA Loan
Special Listing Condition None
Virtual Tour https://www.zillow.com/view-imx/c2e04c42-5f24-47c0-b2fe-af0f9e505aef?wl=true&setAttribution=mls&initialViewType=pano