Saint Petersburg FL Triplex

[Bernard Sanga]

Closed on another deal today.

Purchase price - 201,000. Listed at 215,000.

Triplex - (3) 2 bed 1 bath units. Currently rented at 850 each. 2550 per month.

Will need new roof and HVAC units *still functional but at end of life*.

Market rents should be 950-1050.

There is also a shed ~600 sq ft that can be legally turned into another unit. Bought this from an investor who wholetailed the deal. They have 11 other properties being sold. I don't have enough resources to close on all of them but could have gotten a better deal if I did.

I negotiated and got this deal under contract in the midst of the pandemic, closing was delayed by ~15 days but still happy with the outcome!

Looking to connect with investors in the area! 

Shoot me a pm!