6340 27TH STREET N at

6340 27TH STREET N

For sale Days on market 164

$437,000

$230/sq ft

$48,000
Price Decreased

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Overview

Bedroom

Year Built

1984

Sqft

1902

Property Type

Duplex

Property Description

Under contract-accepting backup offers. Major Price Improvement! Cash-Cow Duplex in Prime Location – Major Upside Potential! This fully rented turn-key duplex is a true cash-cow opportunity located in a high-demand, sought-after area. The property features two separately metered units: a spacious 2-bedroom, 2-bath unit and a well-maintained 2-bedroom, 1-bath unit. Both are currently occupied by reliable tenants, generating immediate income with minimal owner involvement. Rents are currently below market, offering significant upside to the CAP rate with future increases. Utilities are separately metered, keeping expenses low and management simple. Property sits high and dry! No flood insurance required. The property boasts ample parking for tenants, further enhancing desirability and tenant satisfaction. Whether you're a seasoned investor looking to expand your portfolio or seeking a low-maintenance, high-yield asset in a thriving rental market, this income-producing property is a smart and strategic investment. Don’t miss this rare chance to own a high-performing duplex with major upside in an unbeatable location!

Property Details

MLS#

TB8403226

Address

6340 27TH

City

St Petersburg

State/county

Zip/Postal Code

33702

Area

Sawgrass Acres Sub

Country

United States

HOA

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$6,287

Maint Fee

$--

Tax Year

2024

Dishwasher

Range

Refrigerator

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