$695,000 • four bedroom(s) • three full bathroom(s) • living size area 2342 sqft
This prime investment rental property presents a fantastic opportunity for savvy investors and developers. with its strategic location and ample space, it offers the potential for lucrative returns and multiple development options.the property boasts a well-maintained structure that can be rented out immediately, generating a steady stream of rental income. the spacious layout and desirable features make it an attractive option for tenants, ensuring stable occupancy rates.moreover, the property sits on a sizable plot of land, providing ample opportunities for future development. whether you envision constructing additional residential units, commercial spaces, or a mixed-use development, the possibilities are endless.the property's location in a thriving neighborhood further enhances its investment potential. the area is experiencing significant growth and development, with new businesses, amenities, and infrastructure projects underway. this creates a strong demand for housing and commercial spaces, making it an ideal environment for rental properties and development ventures.with its income-generating potential, development opportunities, and strategic location, this investment rental is a rare find. it offers a unique chance to capitalize on the area's growth while enjoying the benefits of a reliable rental income stream. whether you're an investor seeking a solid addition to your portfolio or a developer looking for the next big project, this property presents an exceptional opportunity to achieve your financial goals.the property enjoys a prime location in a neighborhood that is undergoing rapid improvement, which is not far from the vibrant downtown area of st. petersburg.there has been a significant shift in the demographic makeup of the area, with new developments springing up frequently, adding to the neighborhood's appeal.the rental house stands out in excellent condition, meticulously maintained by its owners. it features a 4-year-old roof and a 4-year-old central air system, ensuring comfort and energy efficiency for its occupants.the property's desirability as a rental is evident from its consistently high demand. it rarely remains vacant for more than a week or two during tenant transitions, showcasing its strong rental potential in the local market.1002 18TH S, ST PETERSBURG, FL 33705
Single Family House 4 bedrooms - CROMWELL HEIGHTS for Sale
1002 18TH S, ST PETERSBURG, FL 33705Asking Price$695,000 Change Price$55,000
- 4bdr
- 3bth
- Living 2342sqft
- Lot size 6351sqft
- Taxes: Register to see
- Year Built 1920
-
Days on market:
179 day(s) Original Price:
$750,000-
Price per sqft:
$296.75 Tax Legal Description:
CROMWELL HEIGHTS BLK B, LOT 1Tax Year:
2023-
MLS:
U8231688 -
Property Type:
Single Family
Construction Type:
Wood SidingWood FrameRoof:
ShingleCooling Description:
Central AirHeating Description:
ElectricCentralFloor Description:
Carpet TileInterior Features:
Ceiling Fan(s) Window TreatmentsExterior Features:
Lighting SidewalkEquipment/Appliances:
RefrigeratorElectric Water Heater Range Range HoodSpecial Listing Conditions:
None
Description
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