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5682 63rd Lane North

West Lealman FL 33709

3
1
1
1396 sq. ft.
6647 sq. ft.
Single-Family
Currently for sale - view listing

Overview

Tenant-occupied investment opportunity in St. Petersburg offering immediate in-place rental income. This 3-bedroom, 1-bathroom single-family residence features approximately 1,086 square feet and is currently leased at $2,010 per month. The property provides an opportunity to acquire an established rental asset individually or alongside a larger collection of income-producing homes. 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.

Features

3 bedrooms
1 bathroom
1 carspace
1 garage space
1396 sq. ft. floor area
6647 sq. ft. lot size
Single-Family

Property history for 5682 63rd Lane North

2014
Sold
$60,000
25 Mar 2014 by Cliff Roe, of ROE REALTY

Happy sellers in West Lealman

91%
91% of sellers in West Lealman reported that their sale price either exceeded or met their price expectations.

West Lealman stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 13 reviews in West Lealman over the last 12 months.

Local market activity for 3 bedroom single-family properties in West Lealman

In the last 12 months, 116 three-bedroom single-family properties similar to 5682 63rd Lane North, have been sold.

This represents a 5% increase in three-bedroom single-family properties sales when compared to the previous 12 months.

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