This property
sold
for
$127,500 7 years ago.
Sold
$127,500
1245 & 1247 22nd Avenue S
ST PETERSBURG,
FL 33705
MID CENTURY DUPLEX WITH GREAT INCOME! 9.12% Capitalization Rate! This BLOCK duplex with two One Bedroom/One Bath units has undergone a complete remodel and restoration. The building was built in 1957 and has many cool "MID-CENTRY MODERN" features. Whenever possible, these features were RESTORED, including the original TERRAZZO flooring, tile kitchen countertops and backsplash, really cool vintage seafoam green patterned tile counter on the kitchen island/bar, a fold down wall unit dining table (awesome!), original bathroom shower tile and the original solid wood kitchen cabinetry. NEW FEATURES include refrigerators, kitchen sinks and faucets, cabinet hardware and door knobs, ceiling fixtures and ceiling fans, bathroom lighting, bathroom vanities, Kohler low flow toilets, all interior paint, interior doors, LG reverse cycle dual AC/heat units, all exterior paint, steel exterior doors, all exterior lighting and landscaping. The roof is in great shape. The building features rear alley access which terminates at this lot, giving an abundance of parking or outbuilding possibilities. The duplex is only 5 blocks from Lake Maggiore and its popular park, 6 blocks to Bartlett Park and St. Pete Tennis Center, and 12 blocks to the beach at Lassing Park and Tampa Bay. Boyd Hill Nature Preserve and DOWNTOWN ST. PETE are both less that 20 blocks away. Tenants are well screened and pay their own electric. Landlord pays sewer/water/trash. See attached Income Statement.
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Listings courtesy of My Florida Regional MLS DBA Stellar MLS as distributed by MLS GRID. Listing Office: COLDWELL BANKER REALTY
Listings courtesy of My Florida Regional MLS DBA Stellar MLS as distributed by MLS GRID.
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