About 5910 31st Street N
Hard-to-find turnkey cash-cow triplex in a peaceful, rapidly appreciating pocket of St. Pete. The owner’s early retirement offers you the rare chance to snatch up this well-maintained income-producing triplex for well below market value. Live in one of the three spacious units: one 2-bed/2-bath and two 1-bed/1-baths, and rent the others out for ample passive income. So what makes this place so special? 1) All units well maintained with absolutely no major issues. Cosmetic repairs recently made where needed. 2) Oversized .25 acres lot with plenty of space for parking. Large space between buildings with potential to add a 4th unit. 3). Long term tenants in place - two units on leases, one month to month. 4) High and dry elevated lot, unaffected by recent storms. Non-flood zone. 5) Quiet low-traffic street in a great location. Close to shopping, dining, schools, and entertainment. Just minutes from major highways and commuter routes, 10 minutes from downtown St. Pete, and seconds from the beautiful Sawgrass Lake Park, featuring walking trails, elevated boardwalks, wildlife viewing, and more. Investor notes: LTR: 3,100 / mo current, 3,500 - 3,700 potential w/o updates. Very little nearby competition. Low-maintenance, income-producing, and no storm damage. Easy to show. No HOA/CDD. Feel free to soft pitch before writing anything up. MLS info sheet and disclosures available. No assignable contracts accepted.
Features of 5910 31st Street N
| MLS® # | TB8456013 |
|---|---|
| Price | $457,000 |
| Bedrooms | 4 |
| Bathrooms | 4.00 |
| Square Footage | 1,666 |
| Acres | 0.25 |
| Year Built | 1950 |
| Type | Residential Income |
| Sub-Type | Triplex |
| Status | Active |
Listing Details
| Office | RICHARD PETERS REALTY LLC |
|---|
Listing Map
Neighborhood Information for 5910 31st Street N
Stable Population, Moderate Residential Turnover, Suburb of Tampa
Statistics
Number of Listings
Population Age
Home Listings Prices
Nearby Schools
| Great Schools | School Name | Distance | |
|---|---|---|---|
|
Lealman Innovation Academy Public - 6Th Grade to 12Th Grade |
1 Miles | |
|
Lealman Avenue Elementary School Public - Kindergarten to 5Th Grade - Closest Elementry School |
1 Miles | |
|
|
St Petersburg Christian School Private - Kindergarten to 8Th Grade - Closest Middle School |
1 Miles | |
|
|
John M. Sexton Elementary School Public - Preschool to 5Th Grade |
1 Miles | |
|
|
Northeast Community Public - to |
1 Miles | |
|
Lynch Elementary School Public - Preschool to 5Th Grade |
1 Miles | |
|
|
Meadowlawn Middle School Public - 6Th Grade to 8Th Grade |
1 Miles |
School data provided by GreatSchools