4490, Indianapolis Street Northeast, Saint Petersburg, Florida, 33703
SOLD! $229,990
Additional Details
- Important Details: --> Enclosed Porch adds 220 sqft (no central ac/not on tax roll) --> Vacant at close! --> One car garage --> Corner lot
- Features: Incredible opportunity in sought after Shore Acres neighborhood in Saint Petersburg! This block two bedroom, two bathroom home features 1077 sq ft, an attached one car garage, wraparound driveway, and sits on a larger corner lot. Being offered vacant at closing with instant equity, under $230,000, and plenty of upside as a flip. Conveniently located close to I-275, beaches, and Downtown St. Petersburg. Don't miss out!
- Potential ARV:: $390,000-$400,000
- Rehab Description: For a flip or rental, this property will require a full rehab. Start on the outside, by replacing the roof and the AC unit. Address any of the repairs needed that were caused by the water intrusion. Modernize the interior by updating the kitchen, bathrooms, fixtures, flooring, and appliances. Apply fresh paint, deep clean, and do some landscaping to boost curb appeal!
- Estimated Rehab: $70,000-$80,000
- Estimated Rent: $2800-$3000/MO
- Ideal Investment Strategy: Rental/Flip
- Construction: CBS
- Comp 1: 1590 Delaware Ave NE, Saint Petersburg, FL 33703 3/1 1128 SQFT 1957 Build SOLD @ $400,0000 05/30/24 (No garage/one less bathroom/fully updated)
- Comp 2: 1558 Delaware Ave NE, Saint Petersburg, FL 33703 2/1 992 SQFT 1956 Build SOLD @ $369,990 05/17/24 (Smaller/no gargage/one less bathroom/fully updated)
- Comp 3: 1753 Maryland Ave NE,Saint Petersburg, FL 33703 3/2 1108 SQFT 1955 Build SOLD @ $375,000 05/06/24 (No garage/some updateds throughout)
- Comp 4: 4200 Helena St NE,Saint Petersburg, FL 33703 3/2 1160 SQFT 1971 Build SOLD @ $440,000 04/26/24 (Updated throughout)
- Hard Money: Pre-Approved by OPS Loans for up to 75% LTV - See OPS Loans Tab