6340 27TH STREET N
St Petersburg, FL 33702
$437,000
Closed
Beds
4
Baths
—
(0F 0H)
Living Area (sqft)
1,902
Year Built
1984
Description
Major Price Improvement! Cash-Cow Duplex in Prime Location – Major Upside Potential! This fully rented turn-key duplex is a true cash-cow opportunity located in a high-demand, sought-after area. The property features two separately metered units: a spacious 2-bedroom, 2-bath unit and a well-maintained 2-bedroom, 1-bath unit. Both are currently occupied by reliable tenants, generating immediate income with minimal owner involvement. Rents are currently below market, offering significant upside to the CAP rate with future increases. Utilities are separately metered, keeping expenses low and management simple. Property sits high and dry! No flood insurance required. The property boasts ample parking for tenants, further enhancing desirability and tenant satisfaction.
Whether you're a seasoned investor looking to expand your portfolio or seeking a low-maintenance, high-yield asset in a thriving rental market, this income-producing property is a smart and strategic investment. Don’t miss this rare chance to own a high-performing duplex with major upside in an unbeatable location!
Whether you're a seasoned investor looking to expand your portfolio or seeking a low-maintenance, high-yield asset in a thriving rental market, this income-producing property is a smart and strategic investment. Don’t miss this rare chance to own a high-performing duplex with major upside in an unbeatable location!
Property Details
MLS Area
—
Property Type
ResidentialIncome
/ Duplex
Listing Type
sale
Listing ID
TB8403226
Location
Features
Appliances
3
items
- Dishwasher
- Range
- Refrigerator
Community Features
1
item
- Sidewalks
Construction Materials
1
item
- Block
Cooling
2
items
- Central Air
- Ceiling Fans
Exterior Features
1
item
- Fence
Foundation Details
1
item
- Slab
Heating
1
item
- Central
Interior Features
1
item
- Ceiling Fans
Listing Terms
4
items
- Cash
- Conventional
- F H A
- Va Loan
Lot Features
5
items
- Outside City Limits
- Landscaped
- Flat
- Level
- City Lot
Parking Features
2
items
- Driveway
- Parking Pad
Patioandporch Features
2
items
- Covered
- Rear Porch
Property Sub Type Additional
1
item
- Duplex
Road Surface Type
1
item
- Paved
Roof
1
item
- Shingle
Speciallistingconditions
1
item
- None
Tenantpays
2
items
- Electricity
- Water
Utilities
2
items
- Electricity Connected
- Sewer Connected
Water Source
1
item
- Public
3D View
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