12 days on rocket

1757 Russell St S, Saint Petersburg, FL, 33712

$749,000

Home List Price

$8,894*

Closing Credit

8 Bedrooms
4 Baths
2,500 SqFt
$300/SqFt
Multi

Location

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1757 Russell St S, Saint Petersburg$749,000

Buyer Closing Credits

$8,894*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
Year Built1962
HeatingCentral
CoolingCentral Air
MLS #TB8318076
Lot Size0.15 Acres
StatusActive

About 1757 Russell St S

**Investment Opportunity in St. Petersburg!** Welcome to 1757 Russell St, a cash-flowing investment property that consists of four fully occupied units, each featuring 2 bedrooms and 1 bathroom. This property is ideal for savvy investors looking for steady income, as all units are currently rented to housing authority voucher recipients under annual lease agreements. The tenants are responsible for their own electric bills, while the landlord covers water expenses, making management straightforward and efficient. Each unit has been thoughtfully updated, ensuring a welcoming environment for residents and reducing the need for immediate repairs or renovations. This hidden gem offers significant potential for increased rental income. With three units occupied by one-bedroom voucher recipients, there is an opportunity to raise rents by $300 to $500 per month per unit. This would enhance your investment returns and maximize the property's profitability. Don’t miss out on this fantastic opportunity to own a well-maintained, cash-flowing multifamily property in a growing market. Don't miss out on this amazing opportunity!

Property Details

Property Features

Property Information:

  • Year Built: 1962
  • Living Area: 2,500 SqFt

Listing Office:

  • Office Name: INSTA REAL ESTATE SOLUTIONS
  • Office Phone: (813) 586-0654
  • Listing Agent: Charles Rountree, P.A.

Interior Features

Interior Information:

  • Flooring Type: Tile
  • Interior: Other

Bedroom and Bathroom Information:

  • Total Bedroom Count: 8

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Sidewalk

Virtual/3D Tour

  • Virtual Tour: 1757 Russell St S
Virtual Tour

Lot Features

Lot Information:

  • Lot: City Lot, Level, Near Public Transit, Oversized Lot, Paved
  • Lot Size: 0.15 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Here are the turn-by-turn directions from I-275 to 1757 Russell St, St. Petersburg, Florida: 1. **Start on I-275 South**: If you're coming from the north, merge onto I-275 South toward St. Petersburg. 2. **Take Exit 23 for 22nd Ave N (FL-694)**: After approximately 17 miles, take exit 23 toward 22nd Ave N. 3. **Turn Left onto 22nd Ave N**: At the end of the exit ramp, turn left onto 22nd Ave N. 4. **Continue on 22nd Ave N**: Stay on 22nd Ave N for about 3 miles. 5. **Turn Right onto 34th St N (US-19)**: After passing through the intersection with 4th St N, turn right onto 34th St N (US-19). 6. **Turn Left onto 16th Ave N**: After about 1 mile, turn left onto 16th Ave N. 7. **Turn Right onto Russell St N**: Continue for a short distance, then turn right onto Russell St N. 8. **Arrive at 1757 Russell St**: Your destination, 1757 Russell St, will be on your right. Make sure to check for any road closures or detours that may affect your route. Safe travels!

Price Information

Listing Price Info

Price Summary:

  • List Price: $749,000
  • Price Per SqFt: $300/SqFt

Tax Information:

  • Annual Amount: $3,426
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Saint Petersburg, FL.

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Saint Petersburg, FL

City

Med. Sold Price

$435K

Med. Price/SqFt

$341

Avg. Days On Market

62

# of Sold Homes

255

1757 Russell St S vs Saint Petersburg

12 DAYS ON ROCKET

-50 Days

$749,000

+$314K More

$300/SqFt

-$42 Less

KEY TAKEAWAY

This property is $314K more than the Median Sold Price and $42/SqFt less than other homes in Saint Petersburg, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #TB8318076

Listing Office:

  • Office Name: INSTA REAL ESTATE SOLUTIONS
  • Office Phone: (813) 586-0654
  • Listing Agent: Charles Rountree, P.A.

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 6:19:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Oct 08, 2019Home Sold
$267,000
May 04, 2011Home Sold
$35,000
Jul 14, 2006Home Sold
$280,000
Jul 06, 2005Home Sold
$180,000

Tax History

YEARPROP. TAXASSESSMENT
2020$3,426$160,174
2019$2,984$138,434
2018$2,310$96,154
2017$1,960$92,465

History based on county public records data.

Payment Calculator

$3,806

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,312

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-499073
4
/10

  • Melrose Elementary

  • 1752 13th Ave S

  • 0.31 miles

  • Public Magnet Grades PK-5

school-card-donut-499074
5
/10

  • Perkins Elementary School

  • 2205 18th Ave S

  • 0.36 miles

  • Public Magnet Grades PK-5

school-card-donut-499075
7
/10

  • Midtown Academy

  • 1701 10th St S

  • 0.56 miles

  • Public Magnet Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $27,143. Most Saint Petersburg, FL residents have annual incomes less than $35k. Most families are single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Florida›Pinellas County›Saint Petersburg›33712›1757 Russell St S

This home is located at 1757 Russell St S in Saint Petersburg, FL and zip code 33712 in the Melrose Mercy / Pine Acres neighborhood. This 2,500 square foot home, which was built in 1962, sits on a 0.15 acre lot. Features: 8 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since November 05, 2024 and is currently priced at $749,000.

While more than 28 listings in Saint Petersburg, FL in October 2024 were sold above asking price, there were more than 47 listings sold at asking price, and more than 180 were sold below. The number of listings in Saint Petersburg, FL increased by 5.9% between September 2024 and October 2024. Listings spent 62 days on the market in October 2024, and had a median list price of $435,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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