FOR SALE foreclosure in St. Pete, Florida
Posted on June 29, 2009
Filed Under Florida Foreclosure |
MUST SELL!! This house is available right now in north St. Petersburg, FL. Needs repairs (see video for details), but this is one of those opportunities to bring a house to higher standards of a nice neighborhood, and cash in on the added value!
1,184 sq/ft, can be rented as a 3b / 2br, OR as a 2b / 1b + a studio, each with its own independent bathroom and kitchen (yup, house has two kitchens!).
According to Zilpy.com, area rentals are +/- $1,100/mo for 3b, +/- $800/mo for 2b, and +/- $575 for studio. So depending on how you mix ‘n match, you could be looking at rental income of $1,100 - $1,375 a month!!
Not bad for a house you can get for around 40% of its market value!
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