375 58th St N, Saint Petersburg, FL 33710
Your Perfect Investment Opportunity Awaits!
This single-family home has a ton of potential, and it’s already priced below market value. Here are some quick highlights:
- 3 Beds / 2 Baths
- 1 Car Garage
- Built-in 1963
- Living Area: 1,008 Sqft
- Asking Price: $269,000
- Projected Monthly Rent: $2,500 – $2,700
- After Repair Value (ARV): $385,000
- Rehab Projection: $35,000
Key Features:
- Prime Location: Situated on a corner lot with convenient parking from a back alley, away from street traffic.
- Recent Upgrades: The home was remodeled in 2017, including a new AC unit, water heater, kitchen upgrades, and more. Plus, all windows were replaced in 2022, making it super energy-efficient.
- Utility Improvements: Sewer line was updated within the last two years—so no surprise issues there!
- Potential for Growth: Partially converted garage for an additional bedroom and bathroom, giving you the opportunity to turn this into a 4-bedroom rental!
Important Note:
The property had some flooding recently, which was surprising since it’s not in a flood zone. A local neighbor mentioned possible city infrastructure issues that may have caused it. While there’s some water damage to take care of, a little elbow grease will get this property back to top shape in no time.
Why You Should Act Fast
This is a great chance to capitalize on Saint Petersburg’s strong rental market. With some light rehab work, you’re looking at a big equity jump to an ARV of $385,000!
For Sale: 104 W Amelia Ave, Tampa, FL 33602
View Full Photo Set 104 [...]
For Sale: 16 S Grandview Ave, Daytona Beach, FL 32118
View Photos 16 S Grandview Ave, Daytona Beach, [...]
For Sale: 1908 E Jean St, Tampa, FL 33610
View Photos 1908 E Jean St, Tampa, FL [...]
For Sale: 137 & 139 Lake Rachard Dr, Lake Placid
137 & 139 Lake Rachard Dr, Lake Placid, FL [...]
For Sale: 1801 E Lake Rd, Apt. 20E, Palm Harbor, FL 34685
View More Photos Here • 3 beds | 2 baths • [...]
Book an Expert
New investor? Start with Jorge.
Jorge Vazquez – CEO & Investment Strategist at Graystone. Let’s make your portfolio stronger, steadier, and more profitable.
Deals? Book with Cody.
Meet Cody Bergstrom, Your Expert in Finding Deals Let’s find an off-market deal that actually works for you.
Need financing? Book with Lisa.
Meet Lisa Kaye Price, the LendingGig Top ML Let’s figure out the smartest way to fund your next deal.
Looking for PM? Book with Jay
Jay Michalec – COO & Property Management Expert at Graystone. Let’s make your rentals easier, calmer, and more profitable.
