Pending
1015 LOCUST ST NE
ST PETERSBURG FL, 33701
$995,000
$436.59 per sqft
Pending
5 Beds
3 Baths
2,279 sqft
Multi-family
Built in 1936
Under contract-accepting backup offers. ATTACHMENT IN MLS / 100% Occupied - Excellent Cash Flow and Investment Opportunity without the worries of upkeep. Beautifully renovated on 10/21/2021 located in Historic Old North East is a great opportunity to expand or start your investment portfolio. With close proximity to Downtown St Petersburg (Bayshore Drive and Central Ave). this property is great for capitalizing on all that St. Pete has to offer. With mid term or long term rental possibility each unit offers comfortable and functional living spaces, providing an excellent opportunity for rental income. The well-designed floor plans maximize the use of space and provide a cozy atmosphere. Accompanied by numerous attractive features, such as NEWER Storm grade windows, fully remodeled kitchens encompassed with stainless steel appliances, quartz counter tops, and soft close cabinets to round off these kitchen areas. The elegantly remodeled bathrooms for this property provide a gentle aired touch of comfort and sophistication for tenants while easy to maintain for the landlord. Residents will enjoy other benefits such as well appointed closet space (some walk-in-closets) and the rare benefit for the area of covered parking in the rear of the property when needing to use their vehicles for travel or useful as private storage for tenants. Having the additional parking available on-street, and parking spaces off-street this property offers and clears any parking concerns one may have. With an immediate abundance of amenities nearby in Downtown St. Pete and being blocks from Vinoy Park, tenants are able capitalize on the ultra desirable location by biking or walking to their desired destinations. Such desirabilities would be sipping an almond mocha at black Crow Coffee Shop or taking a leisurely stroll to Vinoy Park and crack open a favorite novel on The Bay. Drop by for all-you-can-eat shrimp at 4th Street Shrimp Store before walking it off downtown to enjoy a libation, just in time for happy hour. Residents will also enjoy being a short distance away from local shops, entertainment and other restaurants in the area. With additional benefits such as access to major roads, providing quick connections to the surrounding Bay Area, Business Districts, Marina's, and Beaches this property features the location, highlighted by the upgrades throughout the property and and presents and presents a great cash flow opportunity for those looking to purchase as investment or live in one unit and rent the others.
U8236468
MLSⓇ ID
April 26, 2024
Listed
May 9, 2024
Updated
Map
1015 LOCUST ST NE
ST PETERSBURG FL, 33701
Interior Features
Total Stories
2
Bedrooms
5
Total Bathrooms
3
Interior Features
Ceiling Fans(s), Eat-in Kitchen, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Primary Bedroom Upstairs, Thermostat, Vaulted Ceiling(s)
Appliances
Built-In Oven, Dishwasher, Microwave, Refrigerator
Laundry Description
Electric Dryer Hookup, Inside, Laundry Closet, Laundry Room
Floor Description
Tile, Wood
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Central, Electric
Exterior/Building Features
Lot Size
0.15 Acres
Exterior Features
Balcony, French Doors, Lighting, Private Mailbox, Rain Gutters, Sidewalk, Storage
Lot Features
Historic District, City Limits, In County, Landscaped, Level, Near Golf Course, Near Marina, Near Public Transit, Sidewalk, Paved
Roof
Shingle
Sewer
Public Sewer
School Information
High School
St. Petersburg High-PN
Elementary School
North Shore Elementary-PN
Other Property Details
Area Name
33701 - St Pete
Taxes
$15,598
Tax Frequency
Annually
Days on Market
7
Garage
Yes
Garage Spaces
3
Parking
Covered, Curb Parking, Driveway, Ground Level, Guest, Off Street, On Street, Under Building
View
Yes
View Description
City, Trees/Woods
County
Pinellas
Municipality
31
Water Source
Public
Pool
No
Buyer Agency Compensation
3%-$395
Listing History
Date | Event | Price |
---|---|---|
5/3/2024 | Pending | — |
Listed by COMPASS FLORIDA LLC
Listing Contact: 727-339-7902
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Data last updated 5/9/2024, 8:03 AM UTC