147 42nd AVENUE NE, St. Petersburg, FL, 33703 | $695,000

One or more photo(s) has been virtually staged. There was NO DAMAGE from either of the hurricanes. Charming Family Home with separate ADU and Luxury Garage all independently rented providing significant INCOME.

This charming family home, nestled on a spacious lot, offers a unique opportunity for home buyers and investors alike seeking a profitable property. Nestled on a generous lot, the property features:

Main House: A cozy 2-bedroom, 1-bathroom residence with a spacious living and dining area, walk-in closets in every bedroom, and private laundry.

ADU: A fully furnished, 1-bedroom, 1-bathroom accessory dwelling unit with a private patio, artificial turf, storage, and laundry area.

Garage: A high-quality, remodeled garage featuring a kitchenette, bathroom, workshop, and ample storage space.

The property's design and materials minimize maintenance costs, with everything being recently updated.
Enjoy the benefits of a desirable neighborhood with easy access to all the amenities. Just one block away from a bike path that leads directly to Downtown St. Petersburg. A short 5-minute walk takes you to Publix, Whole Foods, and numerous other conveniences in the area. Best of all, your additional income from back unit and garage will comfortably cover your mortgage payments. The seller paid for a recent pre-sale inspection, which is available.

Features

  • Rooms: 11
  • Bedrooms: 3
  • Baths: 3 full
  • Lot Size: 58 x 135
  • Laundry: Common Area, In Kitchen, Inside
  • Year Built: 1950
  • Garage: 1-car Alley Access, Bath In Garage, Covered, Garage Faces Rear, Off Street
  • Heating: Central, Heat Pump
  • Cooling: Central Air, Mini-Split Unit(s)
  • Approx Sq. Feet: 1,814
  • Acreage: 0.17
  • Lot Size: 58 x 135
  • Est. Taxes: $7,141
  • View: Garden
  • Elem. School: North Shore Elementary-PN
  • Pet Policy: Yes
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Freezer, Gas Water Heater, Ice Maker, Microwave, Range, Refrigerator, Washer
  • MLS#: TB8313281
  • Days on Market: 5 days
  • Website: https://www.raveis.com
    /prop/TB8313281/14742ndavenuene_stpetersburg_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 11/13/2024 10:47:10 PM)
Listing courtesy of DALTON WADE INC   Phone: 888-668-8283

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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Our Insurance Division:

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147 42nd AVENUE NE, St. Petersburg, FL, 33703

$695,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $556,000 $556,000 $556,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.250% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.655% 7.146% 6.276%
Monthly Tax Payment $595 $595 $595
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,793 $3,695 $4,689
Total Monthly Payment $4,480 $4,382 $5,376

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.