1015 LOCUST ST NE
- ST PETERSBURG, FL
- $995,000
ABOUT
Beautifully renovated on 10/21/2021 located in Historic Old North East is a great opportunity to expand or start your investment portfolio. With close proximity to Downtown St Petersburg (Bayshore Drive and Central Ave). this property is great for capitalizing on all that St. Pete has to offer. With mid term or long term rental possibility each unit offers comfortable and functional living spaces, providing an excellent opportunity for rental income. The well-designed floor plans maximize the use of space and provide a cozy atmosphere. Accompanied by numerous attractive features, such as NEWER Storm grade windows, fully remodeled kitchens encompassed with stainless steel appliances, quartz counter tops, and soft close cabinets to round off these kitchen areas. The elegantly remodeled bathrooms for this property provide a gentle aired touch of comfort and sophistication for tenants while easy to maintain for the landlord. Residents will enjoy other benefits such as well appointed closet space (some walk-in-closets) and the rare benefit for the area of covered parking in the rear of the property when needing to use their vehicles for travel or useful as private storage for tenants. Having the additional parking available on-street, and parking spaces off-street this property offers and clears any parking concerns one may have. With an immediate abundance of amenities nearby in Downtown St. Pete and being blocks from Vinoy Park, tenants are able capitalize on the ultra desirable location by biking or walking to their desired destinations. Such desirabilities would be sipping an almond mocha at black Crow Coffee Shop or taking a leisurely stroll to Vinoy Park and crack open a favorite novel on The Bay. Drop by for all-you-can-eat shrimp at 4th Street Shrimp Store before walking it off downtown to enjoy a libation, just in time for happy hour. Residents will also enjoy being a short distance away from local shops, entertainment and other restaurants in the area. With additional benefits such as access to major roads, providing quick connections to the surrounding Bay Area, Business Districts, Marina’s, and Beaches this property features the location, highlighted by the upgrades throughout the property and and presents and presents a great cash flow opportunity for those looking to purchase as investment or live in one unit and rent the others.
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Explore
The historic Old Northeast district abuts downtown, and claims nearly 3,000 historic buildings within its boundaries. It also has a pleasant shopping district, restaurants and a number of city landmarks. Housing is a mix of Mediterranean and bungalow styles in a lushly green setting rife with jacarandas, pines, palms, and magnolias. Brick streets and granite curbs add to the charm of the area, which also includes North Shore Park to the east, with its swimming, biking, walking, and playing areas as well as a pretty
white sand beach. The area also borders Coffee Pot Bay, famous for its resident manatees. The Gizella Kopsick Palm Arboretum is another bucolic addition to the community. The Palladium Theater presents eclectic performances in a former church also in the area. The St. Petersburg transit system provides bus service through the neighborhood, and the busy urban nightlife of downtown is just minutes away.
The journey to real estate all started for Alex Plotkin 13 years ago as a hard money lender.
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