1725 FREEMAN STREET S

$210,000

$224/sq ft

$19,000
Price Decreased

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Overview

Bedroom

3

Bath

1

Year Built

1924

Sqft

936

Property Type

Single Family Residence

Property Description

EXCEPTIONAL INVESTMENT OPPORTUNITY | IMMEDIATE CASH FLOW | TURNKEY ST. PETERSBURG GEM Welcome to your next smart investment in St. Petersburg's coveted 33701 zip code. This impeccably maintained 3-bedroom, 1-bathroom single-family home isn't just another property – it's an income-generating powerhouse already delivering $2,210 monthly with a rock-solid Housing Authority tenant in place. WHAT MAKES THIS A MUST-HAVE INVESTMENT: *Immediate Positive Cash Flow** – $26,520 annual rental income from day one *Zero Downtime** – Existing qualified tenant with an annual lease already in place *Move-In Ready Condition** – All updates completed, no renovation headaches *Prime Location** – Heart of St. Petersburg's thriving rental market # RECENTLY COMPLETED UPGRADES: The sellers have done all the work for you! The property features: * Fresh interior and exterior paint throughout (no touch-ups needed!) * Stylish modern flooring upgrades throughout * Updated kitchen cabinets that tenants love * Contemporary fixtures adding market appeal * Central AC/heating system ensuring year-round tenant comfort YOUR DUE DILIGENCE? ALREADY DONE! * Satisfactory 4-point inspection report. * Current wind mitigation report. * Verification of rental income and lease terms THE NUMBERS THAT MAKE SENSE: In today's uncertain market, this property delivers certainty: * $2,210 monthly income stream * $26,520 annual rental revenue * Stable, qualified tenant with housing authority backing * No immediate capital improvements needed PERFECT MATCH FOR: * First-time investors seeking immediate positive returns * Seasoned investors expanding their cash-flowing portfolio * 1031 exchange buyers needing quick, qualified placement * Out-of-state investors wanting hands-off Florida real estate St. Petersburg's rental market continues to outperform expectations with demand consistently exceeding supply. Properties like this – already generating income, recently updated, and requiring minimal management – simply don't last in this market. *Don't just consider this opportunity – SEIZE IT before another savvy investor does!* This turnkey investment with immediate cash flow won't be available long!

Property Details

MLS#

TB8411286

Total Floor in Bldg

1

Address

1725 FREEMAN

City

St Petersburg

State/county

FL

Zip/Postal Code

33701

Area

Laughners Ext Of Kerr Add

Country

United States

HOA

No

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$2,985

Maint Fee

$--

Tax Year

2024

Range

Refrigerator

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Boris Gelfand