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1015 Locust Street Ne, ST PETERSBURG, FL – $995,000

  • 5 Beds
  • 3 Baths
  • 2,279 Sqft
  • .15 Acres
  • 5 Beds
  • 3 Baths
  • 2,279 Sqft
  • .15 Acres

1015 Locust Street Ne

Under contract-accepting backup offers. ATTACHMENT IN MLS / 100% Occupied - Excellent Cash Flow and Investment Opportunity without the worries of upkeep. Beautifully renovated on 10/21/2021 located in Historic Old North East is a great opportunity to expand or start your investment portfolio. With close proximity to Downtown St Petersburg (Bayshore Drive and Central Ave). this property is great for capitalizing on all that St. Pete has to offer. With mid term or long term rental possibility each unit offers comfortable and functional living spaces, providing an excellent opportunity for rental income. The well-designed floor plans maximize the use of space and provide a cozy atmosphere. Accompanied by numerous attractive features, such as NEWER Storm grade windows, fully remodeled kitchens encompassed with stainless steel appliances, quartz counter tops, and soft close cabinets to round off these kitchen areas. The elegantly remodeled bathrooms for this property provide a gentle aired touch of comfort and sophistication for tenants while easy to maintain for the landlord. Residents will enjoy other benefits such as well appointed closet space (some walk-in-closets) and the rare benefit for the area of covered parking in the rear of the property when needing to use their vehicles for travel or useful as private storage for tenants. Having the additional parking available on-street, and parking spaces off-street this property offers and clears any parking concerns one may have. With an immediate abundance of amenities nearby in Downtown St. Pete and being blocks from Vinoy Park, tenants are able capitalize on the ultra desirable location by biking or walking to their desired destinations. Such desirabilities would be sipping an almond mocha at black Crow Coffee Shop or taking a leisurely stroll to Vinoy Park and crack open a favorite novel on The Bay. Drop by for all-you-can-eat shrimp at 4th Street Shrimp Store before walking it off downtown to enjoy a libation, just in time for happy hour. Residents will also enjoy being a short distance away from local shops, entertainment and other restaurants in the area. With additional benefits such as access to major roads, providing quick connections to the surrounding Bay Area, Business Districts, Marina’s, and Beaches this property features the location, highlighted by the upgrades throughout the property and and presents and presents a great cash flow opportunity for those looking to purchase as investment or live in one unit and rent the others.

Essential Information

  • MLS® #U8236468
  • Price$995,000
  • Bedrooms5
  • Bathrooms3.00
  • Square Footage2,279
  • Acres0.15
  • Year Built1936
  • TypeResidential Income
  • Sub-TypeTriplex
  • StatusPending

Community Information

  • Address1015 Locust Street Ne
  • AreaSt Pete
  • SubdivisionPRESSTMANS GEO SUB
  • CityST PETERSBURG
  • CountyPinellas
  • StateFL
  • Zip Code33701

Amenities

  • # of Garages3
  • ViewCity, Trees/Woods

Parking

Covered, Curb Parking, Driveway, Ground Level, Guest, Off Street, On Street, Under Building

Interior

  • HeatingCentral, Electric
  • CoolingCentral Air

Interior Features

Ceiling Fans(s), Eat-in Kitchen, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, PrimaryBedroom Upstairs, Thermostat, Vaulted Ceiling(s)

Appliances

Built-In Oven, Dishwasher, Microwave, Refrigerator

Exterior

  • RoofShingle
  • FoundationStem Wall

Exterior Features

Balcony, French Doors, Lighting, Private Mailbox, Rain Gutters, Sidewalk, Storage

Lot Description

Historic District, City Limits, In County, Landscaped, Level, Near Golf Course, Near Marina, Near Public Transit, Sidewalk, Paved

School Information

  • ElementaryNorth Shore Elementary-PN
  • MiddleJohn Hopkins Middle-PN
  • HighSt. Petersburg High-PN

Additional Information

  • Date ListedApril 26th, 2024
  • Days on Market14
  • Taxes$15,598
  • HOA Fees$0

Listing Details

  • OfficeCOMPASS FLORIDA LLC
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Listing data comes from My Florida Regional MLS DBA Stellar MLS.

Listing information last updated on May 12th, 2024 at 2:49pm EDT.