Cashflowing Duplex in St. Pete – $25k Price Reduction!

Quick Summary

Purchase Price
$374,999
Capitalization Rate
7.7%
Cash on Cash Return
6.1%
Total Return on Investment
30.6%

4502 9th Avenue South, St. Petersburg, FL 33711

4 beds
2 baths
1,448 sqft
  • Great opportunity for someone looking to house-hack, or have a great LTR
  • A $25k price reduction likely means the seller is very motivated to move on from this property!
  • Featuring a Single Family Home that consists of 3-bedroom, 1-bathroom ($2,200 per month) and a Detached Unit that consists of 1-bedroom, 1-bathroom ($1,600 per month).
  • This well-maintained property is generating solid investment returns, with reliable Housing Authority tenants already in place!
  • One of the standout features of this property is the additional square footage currently used for storage.
  • With the potential for renovation, the new owner can explore the possibility of creating a third rental unit, further maximizing the investment potential.
  • Both units have undergone recent updates to ensure tenant comfort and satisfaction.
  • The upgrades include new HVAC system, newer roof systems, upgraded electric, new water heaters, AC wall unit, kitchen cabinets & countertops, tile flooring, fixtures, and fresh paint throughout.
  • Investing in this property means stepping into a turnkey opportunity with updated units that are highly appealing.
  • Whether you’re an experienced investor or just starting out, this property offers a solid foundation for long-term income growth.
Inquire about this property

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Other properties

Capitalization Rate
10%
Cash on Cash Return
11.3%
Capitalization Rate
10%
Cash on Cash Return
11.5%
KODAK Digital Still Camera
Capitalization Rate
5.0%
Cash on Cash Return
0.5%
Total Return on Investment
16.2%
Capitalization Rate
5.5%
Cash on Cash Return
0.9%
Total Return on Investment
18.7%
Capitalization Rate
7.0%
Cash on Cash Return
1.6%
Total Return on Investment
18.7%

Eliminate the guesswork from your next investment.

Let us take care of the hard part, so you can make easy buying decisions.