For Sale

Listed by Zach Steinberger from COMPASS FLORIDA LLC

Source: Stellar MLS #TB8547222

6301 23rd St N, St. Petersburg, FL, 33702

$250,000

2
2
1195 sq. ft.

Townhouse

What's around 6301 23rd St N

About this property

Unique opportunity to acquire a tenant-occupied St. Petersburg townhome offering both immediate rental income and compelling underlying real estate value. The residence features 2 bedrooms, 2 bathrooms and approximately 1,195 square feet and is currently leased at $2,014 per month. The property is being marketed individually at $250,000, providing flexibility for buyers interested in the property as a standalone acquisition. INVESTOR & PORTFOLIO OPPORTUNITY: This property is tenant occupied and is being offered individually while also being available for inclusion in a larger portfolio of income-producing residential properties throughout Pinellas County. Portfolio pricing has been structured around an approximately 6.5% capitalization rate based on current rents, applicable association expenses and portfolio underwriting assumptions. Seller is seeking investor interest in the acquisition of the larger portfolio while preserving the opportunity to sell this property individually at market value. Please do not disturb tenants.

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