About 2220 7th Street S
Investment Opportunity – St. Petersburg Duplex This duplex offers a 15percent gross rent return (11percent net). Currently generating $3,000 monthly ($36,000 annually) with both units rented at $1,500 each, and estimated expenses of $650/month ($7,800 annually). This results in a solid Net Operating Income (NOI) of $28,200 annually. With an estimated Cap Rate between 8–9percent, this property presents an excellent investment opportunity in the growing St. Petersburg market. Both units have been fully remodeled, making them move-in ready or ideal for immediate rental. Contact me today to schedule a private showing and secure this investment opportunity.
Features of 2220 7th Street S
| MLS® # | TB8425755 |
|---|---|
| Price | $359,900 |
| Bedrooms | 2 |
| Bathrooms | 2.00 |
| Square Footage | 1,107 |
| Acres | 0.14 |
| Year Built | 1947 |
| Type | Residential Income |
| Sub-Type | Duplex |
| Status | Active |
Listing Details
| Office | LPT REALTY, LLC |
|---|
Listing Map
Neighborhood Information for 2220 7th Street S
Low Residential Turnover, Coastal Area, Suburb of Tampa
Statistics
Number of Listings
Population Age
Home Listings Prices
Nearby Schools
| Great Schools | School Name | Distance | |
|---|---|---|---|
|
Midtown Academy Public - Kindergarten to 8Th Grade - Closest Elementry School |
1 Miles | |
|
|
Campbell Park Elementary School Public - Preschool to 5Th Grade |
1 Miles | |
|
|
Melrose Elementary School Public - Preschool to 5Th Grade |
1 Miles | |
|
|
Lakewood Elementary School Public - Preschool to 5Th Grade |
1 Miles | |
|
John Hopkins Middle School Public - 6Th Grade to 8Th Grade - Closest Middle School |
1 Miles | |
|
Perkins Elementary School Public - Preschool to 5Th Grade |
1 Miles | |
|
|
Academy Prep Center Of St. Petersburg Private - 5Th Grade to 8Th Grade |
1 Miles |
School data provided by GreatSchools