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Key Details
Sold Price $230,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,402 sqft
Price per Sqft $164
Subdivision Richardsons W E
MLS Listing ID TB8438374
Bedrooms 4
Full Baths 2
Year Built 1952
Annual Tax Amount $3,602
Lot Size 5,662 Sqft
Property Sub-Type Single Family Residence
New Construction false
Property Description
Turnkey Investment Opportunity in St. Petersburg: Well-maintained 4-bedroom, 2-bathroom single-family home in the desirable 33711 area, offering immediate cash flow with a reliable Section 8 tenant. Generates $2,863 monthly ($34,356 annually) with a stable, annual lease. Move-in ready, tenant-occupied, and cash-flowing from day one. Features newer roof, updated HVAC, new water heater, and complete cosmetic renovations for low maintenance. Benefits include guaranteed Section 8 income, established rental history, and a prime location in St. Petersburg's strong rental market with consistent property value appreciation, driven by a growing job market and cultural attractions. Ideal for buy-and-hold investors, first-time rental buyers, portfolio diversification, 1031 exchanges, or out-of-state investors seeking hands-off management. Don't miss this rare, fully updated, income-producing home in a competitive market!
Location
State FL
County Pinellas
Community Richardsons W E
Area 33711 - St Pete/Gulfport
Interior
Heating Central, Electric, Space Heater
Cooling Central Air, Wall/Window Unit(s)
Flooring Tile
Laundry Electric Dryer Hookup, Washer Hookup
Exterior
Exterior Feature Private Mailbox, Sidewalk
Fence Chain Link
Utilities Available Cable Connected, Electricity Connected, Sewer Connected, Water Connected
Roof Type Shingle
Building
Lot Description City Limits, Level, Near Public Transit, Sidewalk, Paved
Foundation Concrete Perimeter, Crawlspace
Sewer Public Sewer
Water Public
Structure Type Frame,Wood Siding
New Construction false
Others
Acceptable Financing Cash, Conventional, Private Financing Available
Listing Terms Cash, Conventional, Private Financing Available
Special Listing Condition None
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© 2025 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Bought with Nancy Burris DHM REAL ESTATE GROUP LLC
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