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Investment Highlights

  • Fully Remodeled
  • Fully Rented
  • Great for Students
  • All Major Systems Updated
  • Close to Downtown

Executive Summary

Exceptional opportunity for investors seeking strong cash flow and stable long term tenants in a desirable St. Petersburg location. Just minutes from Downtown and the USF St.Pete campus, this property includes a 3 bedroom, 3 bath main home plus an attached 1 bedroom, 1 bath apartment, all fully leased for a total monthly income of $4,400 (approximately 9.90 cap rate). Current Leases: Room 1: $1,000/month – through July 2026 Room 2: $1,000/month – through May 2026 Room 3: $1,000/month – through May 2026 Apartment: $1,400/month – through June 2026. This is a turnkey investment offering consistent rental income and minimal vacancy risk in one of the area’s most sought after neighborhoods. Tenant occupied. Please do not disturb tenants. Proof of funds required prior to showings. Listing agent must accompany all showings. Financial and lease records available upon request.

Property Facts

Price $611,552 CAD
Price Per Unit $305,776 CAD
Sale Type Investment
Cap Rate 9.91%
No. Units 2
Property Type Multifamily
Property Subtype Apartment
Apartment Style Single-Family Home
Building Class C
Lot Size 0.12 AC
Building Size 1,808 SF
No. Stories 1
Year Built 1971
Opportunity Zone Yes

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
3+3 1 $4,127 CAD -
1+1 1 $1,926 CAD -
Moderately walkable
60/100
Moderately drivable
70/100
Some public transit
40/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
36-31-16-91989-000-0170
Land Assessment
$111,335 CAD
Improvements Assessment
$216,865 CAD
Total Assessment
$328,200 CAD
  • Listing ID: 38028111

  • Date on Market: 2025-10-10

  • Last Updated:

  • Address: 2301 Trelain Dr S, Saint Petersburg, FL 33712

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