1757 RUSSELL S STREET, St Petersburg, FL 33712

  • $699,000
  • $744,000
1757 RUSSELL S STREET, St Petersburg, FL 33712
Active Completed
1757 RUSSELL S STREET, St Petersburg, FL 33712
1757 RUSSELL S STREET, St Petersburg, FL 33712
  • $699,000
  • $744,000

Overview

Property ID: HZTB8318076
  • Quadruplex, Residential Income
  • Property Type
  • 8
  • Bedrooms
  • 4
  • Bathrooms
  • 2796
  • Square Feet
  • 1962
  • Year Built

Description

**QUADPLEX 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 at time of lease renewal. 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!

  • Address 1757 RUSSELL S STREET
  • City St Petersburg
  • State/county FL
  • Zip/Postal Code 33712

Details

Updated on January 14, 2025 at 1:21 am
  • Property ID: HZTB8318076
  • Price: $699,000
  • Property Size: 2796 Square Feet
  • Land Area: 0.15 Acres
  • Bedrooms: 8
  • Bathrooms: 4
  • Garage Size: x x
  • Year Built: 1962
  • Property Type: Quadruplex, Residential Income
  • Property Status: Active

Features

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