Listing ID: U8165325
Price: $485,000
Status: Pending
Address: 3045 Melton Street N
City: St Petersburg
State: Florida
Postal Code: 33704
Bedrooms: 3
Total Baths: 2
SqFt: 1,570
Acres: 0.110
County: Pinellas
Subdivision: Summit Park
St Petersburg
FL
33704
Amazing $$$ money making duplex in Magnolia Heights with 2 bed 1 bath downstairs and 1 bed 1 bath upstairs. It is the perfect scenario for in-law arrangement/extended family, great income producing, or live in one unit and rent the other to pay for your mortgage. ONLY 2 1/2 MILES FROM DOWNTOWN ST PETE!!! Walk or bike there!!! The upstairs is totally renovated with high ceilings, happy, natural light and beautiful view of the yard and gazebo. Modern light fixtures, stainless steel appliances including dishwasher, microwave, gas range and laundry! it also has a luxury spa bathroom with glass tiled shower, glass doors and rain shower head, with bench seating and spa steamer and natural stone mosaic flooring. The downstairs unit has 2 beds 1 bath and large laundry/utility room with tons of storage. The updated bathroom has a newly tiled porcelain shower, Self closing cabinets in the kitchen, stone flooring and a huge laundry/storage area! The LARGE gorgeous fenced in yard has custom bamboo fencing, a shaded pergola/gazebo with a bamboo trellis, large separate barbecue area, and an Ultra Built swings/play gym. NEW ROOF! In-ground sprinkler system, dog run, new electric panel, new separate air conditioning for each unit, and water heater. Did I mention that it is under 3 miles from downtown ST Pete!!! And only 1 mile to the eclectic restaurant and shops on 4th Street N!!! Location Location Location!!! Leases just ended for $2000 per month each and can probably be raised!!! There is a transferable termite warranty and a great inspection report!

Primary Features

County: Pinellas
Property Sub Type: Duplex
Property Type: Residential Income
Subdivision: Summit Park
Year Built: 1925

Interior

Additional Rooms: Family Room, Inside Utility, Storage Rooms
Building Area Units: Square Feet
Cooling Type: Central Air
Fireplace: no
Flooring: Brick, Hardwood
Heating Type: Central, Electric, Natural Gas
Interior Features: Ceiling Fans(s), Living Room/Dining Room Combo, Stone Counters, Thermostat, Window Treatments
Laundry Features: Inside, Laundry Closet
Levels: Two
Living Area Meters: 145.86
Living Area Source: Owner
Living Area Units: Square Feet
Unit Count: 2

Location

Association: no
Building Area Source: Owner
Building Area Total: 1570
Country: US
Elementary School: John M Sexton Elementary-PN
High School: St. Petersburg High-PN
Middle Or Junior School: Meadowlawn Middle-PN
MLS Area Major: 33704 - St Pete/Euclid
Senior Community: no
Township: 31
View Type: Garden
Waterfront: no

Additional

CDD: no
Contract Status: Inspections
Homestead: no
Mls Status: Pending
Pets Allowed: Yes
Property Condition: Completed
Public Survey Range: 16
Public Survey Section: 12
SDEO: no

Financial

Annual Expenses: 8000
Annual Net Income: 40000.00
Available For Lease: yes
Current Price: 485000.00
Estimated Annual Market Income: 50000.00
Financial Data Source: Owner
Gross Income: 48000
Listing Terms: Cash, Conventional, VA Loan
Other Exemptions: yes
Ownership: Fee Simple
Pet Restrictions: Dog run on the property
Special Listing Conditions: None
Tax Block: D
Tax Book Number: 12-4
Tax Lot: 7
Tax Year: 2021
Total Actual Rent: 4000
Total Monthly Expenses: 650

External

Additional Water Information: Only 3 miles to the St Petersburg Municipal Marina and Downtown waterfront area
Carport: no
Construction Materials: Block
Exterior Features: Dog Run, Fence, Sidewalk, Storage
Flood Zone Code: x
Foundation Details: Crawlspace
Garage: no
Lot Features: Oversized Lot, Sidewalk, Paved
Lot Size Dimensions: 47x106
Lot Size SqFt: 4975
Lot Size Square Meters: 462
New Construction: no
Number Of Units Total: 2
Other Structures: Gazebo, Kennel/Dog Run, Shed(s)
Parking Features: Driveway, On Street
Pool Private: no
Property Attached: yes
Road Responsibility: Public Maintained Road
Road Surface Type: Paved
Roof: Shingle
Sewer: Public Sewer
Total Acreage: 0 to less than 1/4
Total Number of Buildings: 1
Utilities: Cable Connected, Electricity Connected, Natural Gas Available, Natural Gas Connected, Public, Sewer Connected, Street Lights, Water Connected
Water Access: no
Water Extras: no
Water Source: Public
Water View: no

Zoning Info


Listing information courtesy of Land Of Liberte' Realty.

Listing information ©My Florida Regional MLS DBA Stellar MLS 2022. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale. Availability of any listing should always be independently verified. Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may violate relevant federal and state law. Data last updated on Wednesday, August 10th, 2022 at 10:38:35 PM.

Contact - Listing ID U8165325

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Jon Smith

100 Beach Dr NE, Suite 101
St Petersburg, FL 33701
Phone: 415-200-8584

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