House in Saint Petersburg, Florida 3 bedrooms, 109.25 sq.m. № 2358511

Property description

Income-producing St. Petersburg rental opportunity featuring 3 bedrooms, 1 bathroom and approximately 1,176 square feet of living space. The residence is currently tenant occupied and generating $2,010 per month, allowing an investor to acquire an established rental property with income already in place. INVESTOR & PORTFOLIO OPPORTUNITY: This property is tenant occupied and is being offered as part of a larger portfolio of income-producing residential properties throughout Pinellas County. The single-family portfolio is being offered at pricing structured to provide an approximately 6.5% capitalization rate based on current rents and portfolio underwriting assumptions. Seller is seeking investor interest in the acquisition of the entire portfolio, although individual offers may also be considered. Please do not disturb tenants.