**QUADPLEX Investment Opportunity in St. Petersburg!** Welcome to 1757 Russell St, a cash-flowing investment property that consists of four fully occupied units, each featuring 2 bedrooms and 1 bathroom. This property is ideal for savvy investors looking for steady income, as all units are currently rented to housing authority voucher recipients under annual lease agreements. The tenants are responsible for their own electric bills, while the landlord covers water expenses, making management straightforward and efficient. Each unit has been thoughtfully updated, ensuring a welcoming environment for residents and reducing the need for immediate repairs or renovations. This hidden gem offers significant potential for increased rental income. With three units occupied by one-bedroom voucher recipients, there is an opportunity to raise rents by $300 to $500 per month per unit at time of lease renewal. This would enhance your investment returns and maximize the property’s profitability. Don’t miss out on this fantastic opportunity to own a well-maintained, cash-flowing multifamily property in a growing market. Don’t miss out on this amazing opportunity!
Property Details
Price:
$698,000
MLS #:
TB8318076
Status:
Active
Beds:
8
Baths:
4
Address:
1757 RUSSELL STREET S
Type:
Multi Family
Subtype:
Quadruplex
Subdivision:
LA PLAZA ADD
Neighborhood:
33712 – St Pete
City:
ST PETERSBURG
Listed Date:
Nov 5, 2024
State:
FL
Finished Sq Ft:
2,796
Total Sq Ft:
2,796
ZIP:
33712
Lot Size:
6,617 sqft / 0.15 acres (approx)
Year Built:
1962
Units:
4
See this Listing
I have been selling real estate for over 23 years from New York to Florida. My main service areas include Celebration, Marco Island, Miami, Naples, Orlando, Sarasota, Tampa, Windermere. We can help you buy or sell real estate anywhere in the State of Florida. Looking for Golf Course Homes For Sale, Luxury Estates, Beachfront Condos, Gated Communities, Fine Homes and Estates, we cover it all.
More About GaryMortgage Calculator
Schools
Interior
Cooling
Central Air
Flooring
Tile
Heating
Central
Laundry Features
Other
Exterior
Construction Materials
Block, Concrete
Exterior Features
Sidewalk
Roof
Built- Up, Membrane
Financial
Tax Year
2024
Taxes
$7,004
Map
Community
- Address1757 RUSSELL STREET S ST PETERSBURG FL
- SubdivisionLA PLAZA ADD
- CityST PETERSBURG
- CountyPinellas
- Zip Code33712
Similar Listings Nearby
- 1029 26TH AVENUE N
ST PETERSBURG, FL$900,000
3.04 miles away
- 4180 CENTRAL AVE
ST PETERSBURG, FL$899,000
2.29 miles away
- 720 10TH STREET N
ST PETERSBURG, FL$895,000
1.96 miles away
- 1416 LOCUST STREET NE
ST PETERSBURG, FL$850,000
2.87 miles away
- 936 11TH STREET N
ST PETERSBURG, FL$850,000
2.07 miles away
- 2800 DARTMOUTH AVENUE N
ST PETERSBURG, FL$799,000
1.80 miles away

1757 RUSSELL STREET S
ST PETERSBURG, FL
LIGHTBOX-IMAGES