Fully gut-renovated income-producing quadplex in the heart of St. Petersburg, featuring four turnkey units and located just minutes from downtown. This high-quality renovation includes a new roof installed in 2020, fresh exterior paint, and extensive interior upgrades throughout the building. Each unit offers in-unit laundry connections, modern kitchens with shaker-style cabinets, quartz countertops, and stainless steel appliances. The bathrooms have been fully remodeled with tiled showers, new vanities, and sleek modern fixtures. Interior upgrades also include new waterproof luxury vinyl plank flooring, all new trim, and baseboards for a clean, updated finish. The quadplex layout consists of four 2 bedroom / 1 bathroom units with the following rental amounts: Unit 1: $1,650/month Unit 2: $1,650/month Unit 3: $1,895/month Unit 4: $1,562/month Current rental income totals $6,757/month ($81,084 annually). Based on the current HUD Fair Market Rent of $2,130/month for 2-bedroom unit in this ZIP code, the property has the potential to generate $8,520/month ($102,240 annually), representing an upside of $1,908/month ($22,896 annually). Located in a prime corridor within the City of St. Petersburg, this property benefits from strong tenant demand, steady appreciation, and proximity to dining, entertainment, and major employment centers. Perfect for investors seeking cash flow and long-term appreciation or an owner-occupant looking to offset housing costs. No hurricane damage from both storms (Milton & Helene). Motivated seller — don’t miss out on this fully updated opportunity.
33 days
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513
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59
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Zillow last checked:
Listing updated:
Listed by:
Frank Brito631-356-5697,
MPGFL TAMPA LLC631-356-5697
Source: Stellar MLS,MLS#: TB8524207Originating MLS: Suncoast Tampa
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 8
Bathrooms: 4
Heating
Electric
Cooling
Wall/Window Unit(s)
Appliances
Laundry: Laundry Closet
Features
Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
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HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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