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$254,000

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.

3 Beds ⋅ 1 Baths ⋅ Jefferson Manor 1st Add SubDv. ⋅ 33709 Zip Code

5682 63rd Lane N, St Petersburg