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Property Description

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.

Overview

Property Status
Sold
Date Sold
May 31, 2024
Lot Size
6,625 Sq.Ft.
MLS ID
U8236468
Property Type
Multi-Family
Year Built
1936

Features & Amenities

Total Area
3,519 Sq.Ft.
Neighborhood
Historic Old Northeast
View Description
City, Trees/Woods
Stories
2
Garage Spaces
3.0
Water Source
Public
Utilities
BB/HS Internet Available, Cable Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Connected, Water Connected
Roof
Shingle
Lot Features
Historic District, City Limits, In County, Landscaped, Level, Near Golf Course, Near Marina, Near Public Transit, Sidewalk, Paved
Parking
Covered, Curb Parking, Driveway, Ground Level, Guest, Off Street, On Street, Under Building
Heat Type
Central, Electric
Air Conditioning
Central Air
Laundry Room
Electric Dryer Hookup, Inside, Laundry Closet, Laundry Room
Appliances
Built-In Oven, Dishwasher, Microwave, Refrigerator
Other 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)
Sewer
Public Sewer
Substructure
Stem Wall
Security Features
Smoke Detector(s)
Other Exterior Features
Balcony, French Doors, Lighting, Private Mailbox, Rain Gutters, Sidewalk, Storage
Elementary School
North Shore Elementary-PN
Middle School
John Hopkins Middle-PN
High School
St. Petersburg High-PN
Sales Price
$995,000
Real Estate Tax
$15,598/yr

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1015 LOCUST ST NE

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for your interest in 1015 LOCUST ST NE, ST PETERSBURG, FL 33701

1015 LOCUST ST NE
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White two-story home with a stepped roofline, arched windows, palm trees and landscaped front lawn.

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27.7902° N, 82.6348° W

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1015 LOCUST ST NE
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1015 LOCUST ST NE

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