Additional Details

• Ideal Investment Strategy: Rental/Resale
• Potential ARV: $300,000 - $330,000
• Estimated Rehab: $25,000 - $45,000
• Comparable Rent: $2,600 -$2,700 total ($1,300 - $1,350/unit)
• Construction: CBS
• Occupancy: Tenant occupied.
• Comp 1: 709 Paris Ave S, Saint Petersburg, FL 33701 -- 3/2/976 sq ft -- PENDING $330k -- (Duplex - 2/1 + 1/1 Configuration, One side rented, Updated, Clean, Window Units)
• Comp 2: 659 26th Ave S, Saint Petersburg, FL 33705 -- 4/2/1200 sq ft -- SOLD $301k MAY 2022 -- (Duplex - 2/1 + 2/1 Configuration, Rental Condition, Window Units)
• Rental Comp: 875 21st Ave S, Saint Petersburg, FL 33705 -- 1/1/640 sq ft -- LEASED $1300/mo -- (Clean, Updated, 1/2 of a Duplex)
• Rehab Description: For a rental, cosmetic updates are recommended. Remodel the kitchens, bathrooms, and floors. The roof and AC units appear to be in good working order. Finish with a fresh coat of paint in and out.
• Features: ST PETE DUPLEX ALERT!!! This 2 bedroom, 2 bathroom CBS block duplex sits just minutes from Downtown Saint Petersburg! The duplex is configured as two separate units: 1/1 + 1/1. The property features immaculate landscaping with a spacious yard and a brand new deck (with permits). Located near local recreational centers and parks and only a short drive to Downtown, this property sits in a PRIME location! Don't miss out on this opportunity!
• Important Details: --> The top unit is on a lease through March --> The bottom unit is rented month to month --> A lease and tenant estoppel will be provided before closing.
• Hard Money: Pre-Approved by OPS Loans for up to 65% LTV – See OPS Loans Tab