26
2220 7TH ST S
$359,900 Sale
Listed 12 hours ago
· 2
· 2
· -
· 1107
Key Facts
Key facts for 2220 7TH ST S
Property Type
Apartment
Parking
Curb Parking,Driveway 2 garage
MLS #
TB8425755
Size
1107 sqft
Basement
-
Listed on
-
Lot size
-
Tax
$3,289.31 /yr
Days on Market
-
Year Built
1947
Maintenance Fee
-
Description
Investment Opportunity – St. Petersburg Duplex This duplex offers a 15percent gross rent return (11percent net). Currently generating $3,000 monthly ($36,000 annually) with both units rented at $1,500 each, and estimated expenses of $650/month ($7,800 annually). This results in a solid Net Operatin...g Income (NOI) of $28,200 annually. With an estimated Cap Rate between 8–9percent, this property presents an excellent investment opportunity in the growing St. Petersburg market. Both units have been fully remodeled, making them move-in ready or ideal for immediate rental. Contact me today to schedule a private showing and secure this investment opportunity.
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Listing courtesy of: LPT REALTY, LLC, 877-366-2213

Listings courtesy of Stellar MLS as distributed by MLS GRID.