1015 Locust Street Ne, St Petersburg, FL 33701

$995,000
5
BD
2,279
SqFt
List Price
$995,000
Status
Pending
Days on Market
7
MLS#
U8236468
Property Style
Triplex
Year Built
1936
Bedrooms
5
Living Area
2,279
Lot Size
6,625
Acres
0.15
Total Acreage
0 to less than 1/4
Legal Subdivision Name
Presstmans Geo Sub
MLS Area Major
St Pete

Property Description

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.

Additional Information

Taxes
$15598
Annual Gross Income
83280
Location
Historic District, City Limits, In County, Landscaped, Level, Near Golf Course, Near Marina, Near Public Transit, Sidewalk, Paved
Community Features
No Deed Restriction
Property Description
Two Story
Interior Layout
Ceiling Fans(s), Eat-in Kitchen, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, PrimaryBedroom Upstairs, Thermostat, Vaulted Ceiling(s)
Interior Features
Ceiling Fans(s), Eat-in Kitchen, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, PrimaryBedroom Upstairs, Thermostat, Vaulted Ceiling(s)
Floor
Tile, Wood
Appliances
Built-In Oven, Dishwasher, Microwave, Refrigerator
Utilities
BB/HS Internet Available, Cable Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Connected, Water Connected
Heating
Central, Electric
Air Conditioning
Central Air
Exterior Construction
Wood Frame, Wood Siding
Exterior Features
Balcony, French Doors, Lighting, Private Mailbox, Rain Gutters, Sidewalk, Storage
Roof
Shingle
Foundation
Stem Wall
Pool
No Pool
Garage Carport
3 Car Garage
Garage Spaces
3
Garage Features
Covered, Curb Parking, Driveway, Ground Level, Guest, Off Street, On Street, Under Building
Elementary School
North Shore Elementary-Pn
Middle School
John Hopkins Middle-Pn
High School
St. Petersburg High-PN
Flood Zone Code
X
Parcel ID
17-31-17-73098-000-0011
Legal Description
PRESSTMAN'S, GEO SUB S 60FT OF W 110FT OF LOT 1

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of COMPASS FLORIDA LLC.

StellarMLS is the source of this information via Internet Data Exchange Program. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale. Availability of any listing should always be independently verified. Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may violate relevant federal and state law. Data last updated on