$485,000

6340 27TH STREET N, St Petersburg, FL 33702

  • 4 beds |
  • 3 baths |
  • 1,902 sqft
  • Property Icon Duplex
  • Property Year Built Icon Built in 1984
  • Property Lot Size Icon7,405sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $255/sqft
  • Property List Date Icon Listed 26 days ago

Property Description

Cash-Cow Duplex in Prime Location – Major Upside Potential! This fully rented turn-key duplex is a true cash-cow opportunity located in a high-demand, sought-after area. The property features two separately metered units: a spacious 2-bedroom, 2-bath unit and a well-maintained 2-bedroom, 1-bath unit. Both are currently occupied by reliable tenants, generating immediate income with minimal owner involvement. Rents are currently below market, offering significant upside to the CAP rate with future increases. Utilities are separately metered, keeping expenses low and management simple. Property sits high and dry! No flood insurance required. The property boasts ample parking for tenants, further enhancing desirability and tenant satisfaction. Whether you're a seasoned investor looking to expand your portfolio or seeking a low-maintenance, high-yield asset in a thriving rental market, this income-producing property is a smart and strategic investment. Don’t miss this rare chance to own a high-performing duplex with major upside in an unbeatable location!

Listing Status:
Active
Date Added:
July 11, 2025 at 05:00AM
Listing Office:
RE/MAX METRO : 727-896-1800
Listing Agent:
Clay Glover, Jr : 727-641-5754
MLS ID:
TB8403226
  • General: Ceiling Fan(s)
  • Appliances: DishwasherRangeRefrigerator
  • Laundry: InsideLaundry Room
  • A/C: Central Air
  • Heating: Central

This listing courtesy of Clay Glover, Jr, RE/MAX METRO

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

J

John M. Sexton Elementary

1997 54th Ave N, Saint Petersburg, FL, 33714

Grades PK-5

0.76 miles away

M

Meadowlawn Middle School

6050 16th St N, Saint Petersburg, FL, 33703

Grades 6-8

0.82 miles away

N

Northeast High School

5500 16th St N, Saint Petersburg, FL, 33703

Grades 9-12

0.89 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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