3038 25th St., St. Petersburg, FL 33713

Excellent opportunity to own a fully occupied rental property with outstanding rental income history. Property consist of one block single family home (2BR/1BA @ $995/month), one duplex (2 2BR/1BA @ $1350/month total) and one oversized 4-bay garage which brings in additional rental income ($850/month total) as well. All tenants are under month-to-month leases at discounted rental rates to the current market. Call today for additional information on this property which brings in nearly $39K gross annually at below market rental income. Estimated current market rental income approximately $45K. This equals an adjusted cap rate of over 12.8 if utilizing market rental income figures. Current offering equates to a cap rate of over 10.4. All units occupied - please do not disturb tenants.