Listing Courtesy of: Charles Rountree, P.A. - INSTA REAL ESTATE SOLUTIONS
813-586-0654
$699,000
Calculate Payment
Calculate Payment
1757 Russell Street S Saint Petersburg, FL 33712
Fourplex
Residence
8
Beds
4
Baths
...
Bed/Bath
2,796
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
Views
Saves
**QUADPLEX Investment Opportunity in St. Petersburg!** Welcome to 1757 Russell St, a cash-flowing investment property that consists of four fully occupied units, each featuring 2 bedrooms and 1 bathroom. This property is ideal for savvy investors looking for steady income, as all units are currently... rented to housing authority voucher recipients under annual lease agreements. The tenants are responsible for their own electric bills, while the landlord covers water expenses, making management straightforward and efficient. Each unit has been thoughtfully updated, ensuring a welcoming environment for residents and reducing the need for immediate repairs or renovations. This hidden gem offers significant potential for increased rental income. With three units occupied by one-bedroom voucher recipients, there is an opportunity to raise rents by $300 to $500 per month per unit at time of lease renewal. This would enhance your investment returns and maximize the property's profitability. Don’t miss out on this fantastic opportunity to own a well-maintained, cash-flowing multifamily property in a growing market. Don't miss out on this amazing opportunity!
Continue reading
MLS#
TB8318076
Property Type
Fourplex
Bedrooms
8
Bathrooms
Year Built
1962
Square Feet
2,796
sq. ft
Stories
1.0
Sewer
Public Sewer
Receive an email as soon as the price changes
Receive an email
as soon as the price changes
Get Price Alerts
Don't miss your chance. Receive an email as soon as the price changes.
Get email alerts when
a home price changes
Sign up
Enter your work address to view actual drive times with traffic for this property.
Walk Score measures the walkability of any address, Transit Score measures access to public transit on a scale of 1-100.
Source: Walk Score®
How much home can I afford?
Kickstart your home search journey with our online Pre-Approval.
Nearby Homes For Sale
Just Listed
And
Homes Available
In
See How Much You Could Save
Thinking about buying or selling? Talk to one of our Mortgage Professionals today to see how much you could save on your next home. Call us at 833-981-2030.