Duplex For Sale In St. Petersburg

Investors take note! One of my personal income properties is now on the market -- and I've got it bargain priced.

This duplex is located in northeast St. Petersburg at 141 NE Monroe Circle North. Each apartment has 2 bedrooms and 1 bath, a dining room, galley kitchen and living room. A new roof was put on in 2004 when I bought the property, and I had it painted at about the same time. The building is gray trimmed in white with red doors and brass kickplates. Looks real sharp. This photo doesn't do it justice -- everything looks too blue for some reason.

I've done some updating to the kitchen and bath in the front unit, but the rear unit had a tenant in it until recently so I didn't do anything much to it. That tenant is now gone after five years in residence, so the rear unit needs some updating to the kitchen and bath. There's also alley access in the rear of the building.

This is a solidly built concrete block building in a popular area of St. Petersburg that is convenient to downtown and makes for an easy commute to Tampa or Clearwater. I've never had a problem finding renters for the property.

My asking price is $189,900 in its "as is" condition. I will contribute $750 for the new owner's first year flood insurance premium -- the flood insurance for this year was only $715.

This property is listed with Tourtelot Brothers Real Estate (727-823-8383) and is in the MLS. It offers a 3% commission to the buyer's agent. By the way, I am a Broker Associate at Tourtelot Brothers and this is my personal property.

If you or someone you know is lookng for a nice solid investment property at a bargain price, this may be just the ticket. Give me a call at 727-215-7722 and we can talk about it.

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