Well Priced St. Pete Duplex New to The Market – This One Won’t Last!

Quick Summary

Purchase Price
$464,900
Capitalization Rate
5.8%
Cash on Cash Return
1.5%
Total Return on Investment
19.3%

5501 60th Way North, St. Petersburg, FL 33709

4 beds
2 baths
1,882 sqft
  • This duplex is well priced and primed for someone looking to house-hack, as one unit is already vacant and ready to be lived in
  • For an investor looking for a stable LTR, this property also fits the bill
  • Investment Opportunity in Prime Location!
  • This exceptional duplex offers the perfect blend of comfort, income potential, and privacy (no shared walls).
  • Both spacious 2br/1ba units boast tons of natural light, private laundry rooms, central HVAC and remodeled kitchens & bathrooms.
  • 2023 Updates include: Brand new stainless steel appliances (2023), granite countertops & cabinets Unit B (2023), new HVAC in Unit B (2023), new water heater Unit A (2023), new ceiling fans, new vanities, bathroom tile & fresh paint.
  • Both units have the same layout (mirrored) and share a common entry foyer, which provides access to each unit’s laundry room.
  • This foyer/laundry room space is in between the two units, creating a significant privacy barrier and no shared walls.
  • Each unit features a small back deck accessible from a bedroom, which is great for accessing the backyard for pets or morning coffee.
  • Conveniently located near shopping, malls, beaches, bus lines, and major roads, this property presents an excellent income potential for investors or an opportunity for owner-occupancy with rental income.
  • Rarely will you find such a unique and well-maintained duplex in the surrounding area.
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