SoldMay 27, 2025

Listed by Charles Rountree, PA from INSTA REAL ESTATE SOLUTIONS

Bought with Tom Byrnes

Source: Stellar MLS #TB8339777

1501 Newark St S, St. Petersburg, FL, 33711

$297,000

5
2
1344 sq. ft.
4844 sq. ft.

Duplex

30+ days on the market

Sold: May 27, 2025

What's around 1501 Newark St S

About this property

DON'T MISS OUT ON THIS REMARKABLE INVESTMENT OPPORTUNITY! This spacious 4-bedroom, 1-bathroom main house is currently rented out for an impressive $2,400 per month, providing a solid income stream. Additionally, the property features a detached 1-bedroom, 1-bath unit that is rented for $1,194 per month. In total, this reliable income producing property with Housing Authority tenants in place is bringing-in an impressive $3,594 per month. Both units have separate water and electric meters, ensuring tenants cover their own utility costs. With cosmetic renovations completed in the last two years and essential systems like the HVAC, and water heater estimated to be just 3-5 years old, this property is ready for you to reap the rewards. Act quickly to make this lucrative investment yours!

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