2220 7th Street South
$295,000
2
1,107
1,107
$266
Description
Charming Hi-Return Duplex in the Heart of St. Petersburg! Fantastic investment opportunity with this income-generating gem of a duplex located near downtown St Petersburg. Currently a high-return income producing property, with the potential of significant growth and increased return for future earnings. With St. Petersburg's strong market outlook, ongoing appreciation trends, and increasing rental demand, this duplex offers future earnings potential through gradual rent increases and value growth,...Charming Hi-Return Duplex in the Heart of St. Petersburg! Fantastic investment opportunity with this income-generating gem of a duplex located near downtown St Petersburg. Currently a high-return income producing property, with the potential of significant growth and increased return for future earnings. With St. Petersburg's strong market outlook, ongoing appreciation trends, and increasing rental demand, this duplex offers future earnings potential through gradual rent increases and value growth, further enhanced by property improvements and the city's thriving economy. Buyers may consider consulting with the City’s planning and zoning department to inquire about potentially converting the detached garage into a third living unit. Each side of this duplex features 1 bedroom and 1 bathroom, with a shared fenced yard, detached garage and parking. Whether you're a seasoned investor or looking to enter the rental market, this duplex offers exceptional returns with a strong Net Operating Income (NOI) and low annual operating costs. Boasting a prime location just minutes from downtown, this property offers both charm and convenience, making it a consistent income-producing asset. Approximately 300 feet from the gorgeous Bartlett Park and the St Petersburg Tennis Center, less than 2 miles to the vibrant downtown St Petersburg and the University of South Florida (St Petersburg campus). With the ongoing development and demand in the St. Petersburg area, this duplex is poised for appreciation while continuing to deliver steady cash flow. Whether you're considering it as a primary investment or part of a larger portfolio, this property is an opportunity you don't want to miss!
- Listed by Derek Golden LLC • PREFERRED SHORE REAL ESTATE
Property Details for 2220 7th Street South
Subdivision Name
HARBORDALE SUB
Township31
Garage Spaces2
WaterfrontNo
LISTING UPDATED: 12/11/2024 04:35 PM
Property Details for 2220 7th Street South
Status | Active |
---|---|
MLS # | TB8325129 |
Days on Market | 22 |
Taxes | $3,000 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income / Duplex |
Year Built | 1947 |
Lot Size | 0.14 AC / 6,207 SF |
County | Pinellas County |
Building Information for 2220 7th Street South
Stories-Residences2Year Built1947Building Size-Lot Size0.14 AC / 6,207 SF
Property Information for 2220 7th Street South
Property History for 2220 7th Street South
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 2220 7th Street South
Taxable ValueLand-Additions-Total-
Tax Record2023$3,000 ($250 / month)
Home Facts
Baths2Total Finished SqFt1,107 SqFtAbove Grade Finished SqFt1,107 SqFtStories1Lot Size6,207 SqFtStyleDuplexYear Built1947Year Renovated1993CountyPINELLASAPN31-31-17-36684-000-1510
Schools near 2220 7th Street South
This home is within Pinellas.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | K to 5 |
Rating | School | Distance |
---|---|---|
Lakewood Elementary School PublicPK to 5 | ||
Bay Point Middle School Public6 to 8 | ||
Lakewood High School Public9 to 12 | ||
MIDTOWN ACADEMY PublicK to 5 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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