1440 PRESCOTT Street S
Property Description
WELCOME TO INCOME-PRODUCING REAL ESTATE IN SOUTH ST. PETERSBURG! Fantastic opportunity to acquire a turnkey, income-producing single-family rental with an established Section 8 tenant already in place. The property is currently leased on an annual basis, providing immediate rental income from day one, with the tenant responsible for all utilities. This property is one of seven income-producing single-family homes being offered by the same owner, creating a unique opportunity for investors to purchase an individual asset or acquire the entire portfolio. Together, the portfolio offers an established income stream, professionally managed operations, and the ability to seamlessly continue management services after closing if desired-making it an attractive opportunity for both local and out-of-area investors. Built in 2008, this spacious four-bedroom, two-bathroom home features durable concrete block construction, a newer 2023 HVAC system, fresh interior paint, an inside laundry room, a one-car garage, and a fenced backyard. The highly desirable four-bedroom floor plan appeals to a broad tenant base and supports strong long-term rental demand, making it an excellent addition to an existing portfolio or a solid standalone investment. Ideally situated just minutes from downtown St. Petersburg, the property offers convenient access to I-275, major employment centers, the Tropicana Field redevelopment district, area hospitals and medical facilities, shopping, dining, and the downtown waterfront. St. Pete's award-winning Gulf beaches are also just a short drive away, enhancing the property's long-term desirability for tenants. Please do not disturb the tenant. Showings are by appointment only and subject to tenant occupancy. Also available individually as part of this seven-property St. Petersburg investment portfolio: TB8535987 - 791 35th Ave S; TB8534657 - 2621 6th St S; TB8535980 - 1120 11th Ave S; TB8535101 - 1430 14th Ave S; TB8534682 - 1440 Prescott St S; TB8535169 - 1944 12th Ave S; and TB8535157 - 4419 18th Ave S.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $349,000 |
| Year Built: | 2008 |
| Lot Size: | 1,448.00 Sq ft |
| Opportunity Zone: | No |
| Property Website | Click Here |
| Number of Bedrooms: | 4 |
| Number of Bathrooms: | 2 |
ID: 3yd-MFRMLSFL-TB8534682
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