
634 NEWTON AVE S
3, 1, 1,000ft²
MLS#: O6266919
EXCEPTIONAL INVESTMENT OPPORTUNITY | IMMEDIATE CASH FLOW | TURNKEY ST. PETERSBURG GEM
Welcome to your next smart investment in St. Petersburg's coveted 33701 zip code. This impeccably maintained 3-bedroom, 1-bathroom single-family home isn't just another property – it's an income-generating powerhouse already delivering $2,210 monthly with a rock-solid Housing Authority tenant in place.
WHAT MAKES THIS A MUST-HAVE INVESTMENT:
*Immediate Positive Cash Flow** – $26,520 annual rental income from day one
*Zero Downtime** – Existing qualified tenant with an annual lease already in place
*Move-In Ready Condition** – All updates completed, no renovation headaches
*Prime Location** – Heart of St. Petersburg's thriving rental market
# RECENTLY COMPLETED UPGRADES:
The sellers have done all the work for you! The property features:
* Fresh interior and exterior paint throughout (no touch-ups needed!)
* Stylish modern flooring upgrades throughout
* Updated kitchen cabinets that tenants love
* Contemporary fixtures adding market appeal
* Central AC/heating system ensuring year-round tenant comfort
YOUR DUE DILIGENCE? ALREADY DONE!
* Satisfactory 4-point inspection report.
* Current wind mitigation report.
* Verification of rental income and lease terms
THE NUMBERS THAT MAKE SENSE:
In today's uncertain market, this property delivers certainty:
* $2,210 monthly income stream
* $26,520 annual rental revenue
* Stable, qualified tenant with housing authority backing
* No immediate capital improvements needed
PERFECT MATCH FOR:
* First-time investors seeking immediate positive returns
* Seasoned investors expanding their cash-flowing portfolio
* 1031 exchange buyers needing quick, qualified placement
* Out-of-state investors wanting hands-off Florida real estate
St. Petersburg's rental market continues to outperform expectations with demand consistently exceeding supply. Properties like this – already generating income, recently updated, and requiring minimal management – simply don't last in this market.
*Don't just consider this opportunity – SEIZE IT before another savvy investor does!*
This turnkey investment with immediate cash flow won't be available long!
Driving directions : Take 4th St to 18th Ave S and head west. Take a right on Freeman St and the house is on your left.
Rooms | Dimension | Description |
---|---|---|
Kitchen | 10x12 | First level , Laminate |
Primary Bedroom | 10x12 | First level , Laminate |
Living Room | 10x15 | First level |
3, 1, 1,000ft²
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