623 Mound Park Way S, St Petersburg, FL 33701
- $799,000
- 1,510
- SqFt
- List Price
- $799,000
- Status
- ACTIVE
- MLS#
- TB8551289
- Living Area
- 1,510
- Subdivision
- Nicholsons J W Sub
Property Description
Downtown St. Pete Triplex: Turnkey Income in a High-Demand Core Location Multi-unit inventory in Downtown St. Petersburg is scarce. This fully renovated triplex gives investors three income streams on a historic brick street, blocks from Central Avenue, the waterfront, and the Tropicana Field district. All three units have been updated and are rent-ready, so you have minimal near-term capital expenditure. The low-maintenance exterior and updated systems help keep operating costs predictable. The property also supports several rental strategies. You can run all three units as long-term rentals for stable cash flow, or furnish them for mid-term traveling-nurse stays, since major hospitals are minutes away. A mix of the two lets you balance steady income with higher-yield units. The location drives tenant demand. The property is walkable to Publix, restaurants, cafes, parks, and the waterfront, which supports strong occupancy and quick lease-ups. Significant investment in the surrounding area positions the property for long-term upside. This is a turnkey triplex in one of Florida's most desirable downtowns, a strong addition to any portfolio.
Additional Information
- Year Built
- 1921
- Construction
- Frame
- Living Area
- 1,510
- Acres
- 0.04
- Interior Features
- Ninguno
- Cooling
- Mini-Split Unit(s)
- Heating
- Ductless
- Exterior Features
- Lighting
- Sewer
- Public Sewer
Listing courtesy of KOONS REAL ESTATE INC.
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