1757 Russell Street S
SAINT PETERSBURG, FL 33712
- 8 beds
- 4 baths
- 2,500 sqft
- 6,617 sqft lot
- $319 per sqft
- 1962 build
- – on site
**Investment Opportunity in St. Petersburg!** Welcome to 1757 Russell St, a cash-flowing investment property that consists of four fully occupied units, each featuring 2 bedrooms and 1 bathroom. This property is ideal for savvy investors looking for steady income, as all units are currently rented to housing authority voucher recipients under annual lease agreements. The tenants are responsible for their own electric bills, while the landlord covers water expenses, making management straightforward and efficient. Each unit has been thoughtfully updated, ensuring a welcoming environment for residents and reducing the need for immediate repairs or renovations. This hidden gem offers significant potential for increased rental income. With three units occupied by one-bedroom voucher recipients, there is an opportunity to raise rents by $300 to $500 per month per unit. This would enhance your investment returns and maximize the property's profitability. Don’t miss out on this fantastic opportunity to own a well-maintained, cash-flowing multifamily property in a growing market. Don't miss out on this amazing opportunity!
Listing courtesy of STELLAR_MLS / INSTA REAL ESTATE SOLUTIONS
Last checked:
Checking…
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Last updated Nov 5, 2024
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MLS# TB8318076 —
The Building
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Year Built:1962
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New Construction:false
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Construction Materials:Block
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Levels:One
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Roof:Built-Up
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Foundation Details:Slab
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# of Buildings:1
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Building Area Total:2796
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Building Area Units:Square Feet
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Building Area Source:Public Records
Interior
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Interior Features:Other
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Furnished:Unfurnished
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Flooring:Tile
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Fireplace:false
Room Dimensions
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Living Area:2500
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Living Area Units:Square Feet
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Living Area Source:Public Records
Location
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Directions:Here are the turn-by-turn directions from I-275 to 1757 Russell St, St. Petersburg, Florida: 1. **Start on I-275 South**: If you're coming from the north, merge onto I-275 South toward St. Petersburg. 2. **Take Exit 23 for 22nd Ave N (FL-694)**: After approximately 17 miles, take exit 23 toward 22nd Ave N. 3. **Turn Left onto 22nd Ave N**: At the end of the exit ramp, turn left onto 22nd Ave N. 4. **Continue on 22nd Ave N**: Stay on 22nd Ave N for about 3 miles. 5. **Turn Right onto 34th St N (US-19)**: After passing through the intersection with 4th St N, turn right onto 34th St N (US-19). 6. **Turn Left onto 16th Ave N**: After about 1 mile, turn left onto 16th Ave N. 7. **Turn Right onto Russell St N**: Continue for a short distance, then turn right onto Russell St N. 8. **Arrive at 1757 Russell St**: Your destination, 1757 Russell St, will be on your right. Make sure to check for any road closures or detours that may affect your route. Safe travels!
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Latitude:27.75292
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Longitude:-82.658442
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Coordinates:-82.658442, 27.75292
The Property
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Parcel Number:253116500400000040
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Property Type:Residential Income
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Property Subtype:Quadruplex
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Property Condition:Completed
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Lot Features:City Lot
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Lot Size Acres:0.15
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Lot Size Area:6617
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Lot Size SqFt:6617
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Lot Size Dimensions:82 x 80
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Lot Size Units:Square Feet
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Total Acres:0 to less than 1/4
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View:false
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Exterior Features:Sidewalk
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Water Source:Public
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Road Surface Type:Paved
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Road Frontage Type:Street Paved
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Flood Zone Code:X
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Flood Zone Panel:12103C0218G
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Additional Parcels:false
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Lease Restrictions:false
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Land Lease:false
Listing Agent
- Contact info:
- Agent phone:
- (813) 586-0654
- Office phone:
- (813) 586-0654
Taxes
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Tax Year:2023
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Tax Lot:4
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Tax Legal Description:LA PLAZA ADD LOT 4 & N 6.5 FT OF LOT 3
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Tax Book Number:55-64
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Tax Annual Amount:4702
Beds
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Bedrooms Total:8
Baths
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Total Baths:4
The Listing
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Virtual Tour URL Unbranded:https://www.propertypanorama.com/instaview/stellar/TB8318076
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Special Listing Conditions:None
Heating & Cooling
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Heating:Central
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Heating:true
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Cooling:Central Air
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Cooling:true
Utilities
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Utilities:Cable Connected
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Sewer:Public Sewer
Appliances
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Laundry Features:Other
The Community
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Subdivision Name:LA PLAZA ADD
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Senior Community:false
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Water View:false
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Water Access:false
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Waterfront:false
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Pool Private:false
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Pets Allowed:Yes
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Association:false
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Ownership:Fee Simple
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Association Approval Required:false
Parking
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Garage:false
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Carport:false
Extra Units
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# of Units Total:4
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
11/5/24
Nov 5, 2024
|
Listed / Active | STELLAR_MLS | $799,000 | 50.2% |
11/29/23
Nov 29, 2023
|
STELLAR_MLS | $532,000 | 15.7% | |
11/11/23
Nov 11, 2023
|
STELLAR_MLS | $460,000 |