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Key Details
Sold Price $175,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,194 sqft
Price per Sqft $146
Subdivision Russell Park
MLS Listing ID U8040031
Sold Date 05/24/19
Bedrooms 2
Full Baths 2
Construction Status Inspections
HOA Y/N No
Year Built 1927
Annual Tax Amount $2,045
Lot Size 6,534 Sqft
Acres 0.15
Property Description
Sitting on a 50 x 127 lot, this property has endless opportunities. Located within 15 minutes or less to Downtown St. Pete, Treasure Island, and Gulfport it is no wonder Central Oak Park is one of the hottest trending neighborhoods in town. Currently this lot has not one, but TWO single family homes. The larger of the two homes is a one-bedroom home with an updated bath and indoor laundry. The second home is also a one bedroom with a full kitchen and bathroom. Imagine living in one home and using the other to help offset your mortgage. If you would prefer to use this property as an investment, the current owner is getting a 7% cap rate on the combined two units. With a bit of rehab the homes could possibly yield a higher rental return. Once you drive by this lot you will see the front half is currently just extra green space with both homes on the back end of the property. The property is in the NT-2 zone which allows for the lot to have up to two units (one main and one accessory dwelling). If you wanted a larger main home, you could scrap one of the current units and build a new larger front main home. Choose which option works best for you and schedule a showing today! NO FLOOD INSURANCE REQUIRED (Main home is approximately 748 sqft and the smaller 2nd home is approximately 446 sqft. Separate Electric meters.)
Location
State FL
County Pinellas
Community Russell Park
Zoning NT-2
Direction N
Interior
Interior Features Living Room/Dining Room Combo, Walk-In Closet(s)
Heating Central, Wall Units / Window Unit
Cooling Central Air
Flooring Carpet, Tile
Fireplace false
Appliance Dishwasher, Range, Refrigerator
Laundry Inside
Exterior
Exterior Feature Storage
Parking Features Alley Access, Driveway
Utilities Available Public
View Trees/Woods
Roof Type Shingle
Garage false
Private Pool No
Building
Lot Description Corner Lot, City Limits, In County, Near Public Transit, Paved
Entry Level One
Foundation Crawlspace
Lot Size Range Up to 10,889 Sq. Ft.
Sewer Public Sewer
Water Public
Architectural Style Florida
Structure Type Stucco
New Construction false
Construction Status Inspections
Schools
Elementary Schools Mount Vernon Elementary-Pn
Middle Schools Azalea Middle-Pn
High Schools St. Petersburg High-Pn
Others
Pets Allowed Yes
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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Bought with INVESTMENT FLORIDA REALTY LLC