Skip main navigation
Pending
  • Price cut: $20K (3/17)
    $315,000

    1501 Newark St S, Saint Petersburg, FL 33711

    5beds
    2baths
    1,174sqft
    : 
    Duplex, Multi Family
    Built in 1925
    -- sqft lot
    $-- Zestimate®
    $268/sqft
    $-- HOA

    What's special

    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!
    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#: TB8339777MLS LogoOriginating 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
    • Loading