1901 3rd STREET S, St. Petersburg, FL, 33705 | $995,000

Begin earning income right away. This home offers a perfect opportunity to live in one unit and rent the remaining. Whether you choose to live in the single family home and rent out the back building or rent all units, this property offers a ton of income potential and appreciation. This home exudes Old Southeast Charm. Only 1 mile to Central Ave Downtown St Pete, University of South Florida and 3 blocks from Lassing Park and the Bay. This property has 2 separate buildings. The Main home has 3 bedrooms, an office, and 3 bathrooms. The sunroom is bright and inviting as you enter. Charming wood floors run throughout the home. The large kitchen is open to a bright and airy living room/ dining room space. The bedrooms are set up in a 3 way split making it perfect for privacy or rental situations. There is even a sweet artist loft in the living room. The concrete block back building offers even more income. The downstairs back unit has 1 bed and 1 bath. The upstairs unit has 2 beds and 1 bath. Currently renting as 2 units; however, with a simple door installation and a narrow wall to block a staircase, you would have 3 income producing units. Aside from the door installation, these units are renovated and ready to go! The exterior of this home is just as inviting with a peaceful courtyard and bar area connecting both properties. Solar panels (nothing owed), Laundry room, outdoor shower, brick roads and tons of possibilities! Don't miss out on your chance to live in this eclectic community! Currently single family home rents for $3600 month (includes utilities), Back unit currently rented for $2, 000/ mth. (once the door is added, would bring in an additional $1600+ /mth). Possible Owner Financing

Features

  • Rooms: 5
  • Bedrooms: 6
  • Baths: 5 full
  • Lot Size: 50 x 140
  • Laundry: Common Area, Laundry Room
  • Year Built: 1945
  • Heating: Electric
  • Cooling: Central Air, Wall/Window Unit(s)
  • Approx Sq. Feet: 3,312
  • Acreage: 0.16
  • Lot Size: 50 x 140
  • Est. Taxes: $7,198
  • Lot Desc: FloodZone
  • Pet Policy: Cats OK, Dogs OK
  • Appliances: Dishwasher, Disposal, Dryer, Refrigerator, Solar Hot Water Owned, Washer
  • MLS#: U8234658
  • Days on Market: 55 days
  • Website: https://www.raveis.com
    /eprop/U8234658/19013rdstreets_stpetersburg_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 5/13/2024 3:33:45 AM)
Listing courtesy of CARTWRIGHT REALTY   Phone: 813-333-6698

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
  • Showcase your home on raveis.com with a larger and more prominent format
  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

1901 3rd STREET S, St. Petersburg, FL, 33705

$995,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $796,000 $796,000 $796,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.250% 7.000% 6.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.851% 7.103% 7.041%
Monthly Tax Payment $600 $600 $600
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $5,430 $5,296 $7,099
Total Monthly Payment $6,122 $5,988 $7,791

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.