5682 63rd Lane N, St Petersburg, FL 33709

$254,000
3
BD
1
BA
1,086
SqFt

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List Price
$254,000
Status
Active
Days on Market
0
MLS#
TB8547219
Property Style
Single Family
Year Built
1962
Bedrooms
3
Bathrooms
1
Living Area
1,086
Lot Size
6,647
Acres
0.15
Total Acreage
0 to less than 1/4
Legal Subdivision Name
Jefferson Manor 1st Add
MLS Area Major
St Pete/Kenneth City

Property Description

Tenant-occupied investment opportunity in St. Petersburg offering immediate in-place rental income. This 3-bedroom, 1-bathroom single-family residence features approximately 1,086 square feet and is currently leased at $2,010 per month. The property provides an opportunity to acquire an established rental asset individually or alongside a larger collection of income-producing homes. INVESTOR & PORTFOLIO OPPORTUNITY: This property is tenant occupied and is being offered as part of a larger portfolio of income-producing residential properties throughout Pinellas County. The single-family portfolio is being offered at pricing structured to provide an approximately 6.5% capitalization rate based on current rents and portfolio underwriting assumptions. Seller is seeking investor interest in the acquisition of the entire portfolio, although individual offers may also be considered. Please do not disturb tenants.

Additional Information

Taxes
$3612
Minimum Lease
No Minimum
Community Features
No Deed Restriction
Property Description
One Story
Zoning
R-3
Interior Layout
Ceiling Fans(s)
Interior Features
Ceiling Fans(s)
Floor
Tile, Vinyl
Appliances
Cooktop, Range, Refrigerator
Utilities
Cable Connected, Electricity Connected, Sewer Connected, Water Connected
Heating
Central, Electric
Air Conditioning
Central Air
Exterior Construction
Block
Exterior Features
None
Roof
Shingle
Foundation
Slab
Pool
No Pool
Garage Carport
1 Car Garage
Garage Spaces
1
Flood Zone Code
X, AE
Parcel ID
32-30-16-43938-006-0210
Legal Description
JEFFERSON MANOR 1ST ADD BLK 6, LOT 21

Listing courtesy of COMPASS FLORIDA LLC. 727-380-2067

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