2724 63rd Ter., St. Petersburg, FL 33702

Hard to find turnkey concrete block duplex in a great area of North St Pete! Both units are 2-bedroom, 2-bath with over 1,000 sq ft of living space, open plan kitchen, central heat and air, walk-in closet, inside laundry, screened porch, and off-street parking. Units are identical with mirror-image floor plans. Separate water and electric meters, so tenants pay all of their own utilities. Built in 1985, this investment property is a plug and play addition to someone's portfolio in this rapidly appreciating market, or an ideal "house hack" for an owner-occupant who wants to live in one side. Rents shown in listing are realistic proforma projections. Unit A current pays $1095/mo and has been in place over a year (lease transitioned from annual to month-to-month in Feb 2021). Unit B is a long term tenant currently paying $900/mo on a month-to-month lease. No collection issues during COVID, both tenants are stable and responsible. Both tenants want to stay, but month-to-month leases leave all options on the table for the new owner. No vacancy, no utility costs, no HOA, and no flood insurance equate to extremely low operating expenses for the landlord! Interior photos are from Unit A during most recent vacancy in 2019. Leases, proforma, survey, and comparable sales info are included in MLS attachments.