Under contract-accepting backup offers. DON'T MISS OUT ON THIS REMARKABLE INVESTMENT OPPORTUNITY! This spacious 4-bedroom, 1-bathroom main house is currently rented out for an impressive $2,400 per month, providing a solid income stream. Additionally, the property features a detached 1-bedroom, 1-bath unit that is rented for $1,194 per month. In total, this reliable income producing property with Housing Authority tenants in place is bringing-in an impressive $3,594 per month. Both units have separate water and electric meters, ensuring tenants cover their own utility costs. With cosmetic renovations completed in the last two years and essential systems like the HVAC, and water heater estimated to be just 3-5 years old, this property is ready for you to reap the rewards. Act quickly to make this lucrative investment yours!
Pending
Price cut: $20K (3/17)
$315,000
1501 Newark St S, Saint Petersburg, FL 33711
5beds
2baths
1,174sqft
Est.:
Duplex, Multi Family
Built in 1925
-- sqft lot
$-- Zestimate®
$268/sqft
$-- HOA
What's special
- 127 days
- on Zillow |
- 43 |
- 1 |
Likely to sell faster than
Zillow last checked: 7 hours ago
Listing updated: April 22, 2025 at 11:39am
Listing Provided by:
Charles Rountree, P.A. 813-586-0654,
INSTA REAL ESTATE SOLUTIONS 813-586-0654
Source: Stellar MLS,MLS#: TB8339777
Originating MLS: Pinellas Suncoast

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
Heating
- Central, Electric
Cooling
- Central Air
Appliances
- Laundry: Electric Dryer Hookup, Washer Hookup
Features
- Ceiling Fan(s), Solid Surface Counters, Solid Wood Cabinets, Thermostat
- Flooring: Tile
- Has fireplace: No
Interior area
- Total structure area: 1,344
- Total interior livable area: 1,174 sqft
Video & virtual tour
Property
Features
- Levels: One
- Stories: 1
- Exterior features: Private Mailbox, Sidewalk
Lot
- Size: 4,844 Square Feet
Details
- Parcel number: 273116746460001210
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex, Multi Family
Materials
- Wood Frame
- Foundation: Crawlspace, Pillar/Post/Pier
- Roof: Shingle
Condition
- Completed
- New construction: No
- Year built: 1925
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected, Electricity Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Subdivision: RICHARDSONS W E
HOA
- Has HOA: No
- Pet fee: $0 monthly
Location
- Region: Saint Petersburg
Financial & listing details
- Price per square foot: $268/sqft
- Tax assessed value: $199,583
- Annual tax amount: $3,781
- Date on market: 1/16/2025
- Listing terms: Cash,Conventional,Private Financing Available
- Ownership: Fee Simple
- Lease term: 12 Months
- Total actual rent: 3594
- Tenant pays: Electricity, Sewer, Trash Collection, Water
- Electric utility on property: Yes
- Road surface type: Paved
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