$625,000

Description

TWO HOUSES FOR THE PRICE OF ONE! Why choose between a home and an investment when you can have both? Welcome to 1751 29th Ave N, a fully legal two-residence property featuring two separate detached single-family homes on one parcel. An exceptional find for an owner-occupant, house hacker, investor, potential 1031 buyer, or anyone seeking multigenerational living, an in-law suite, guest house, or ADU-style flexibility. The renovated front home offers 4 bedrooms, 2 full bathrooms, and approximately 1,056 sq ft with luxury vinyl flooring, central A/C, indoor laundry, its own fenced yard, and dedicated driveway. Currently vacant and ready for its next owner, it has previously rented for approximately $3,100 / month. Tucked privately behind it is a separate 3 bedroom, 1 bathroom, approximately 728 sq ft block home with central A/C, indoor laundry, its own private garden/yard space, and dedicated driveway. The rear roof was updated in 2018, and the home has rented for approximately $2,300 / month. The numbers speak for themselves: 7 bedrooms, 3 full bathrooms, and approximately $64,800 in potential annual gross rental income based on prior rents. Live in the front and let the rear help offset your mortgage, keep family close while maintaining completely separate living spaces, or ultimately rent both homes as part of your investment strategy. Both residences have been renovated and thoughtfully maintained, with an irrigation system throughout the property. NO flood zone. Zero flooding or water damage history. Two kitchens. Two central A/C systems. Two private outdoor spaces. Two driveways. Two detached single-family homes. One incredibly versatile St. Pete property. Whether you're searching for a house hack, income-producing property, potential 1031 investment, ADU alternative, in-law suite, multigenerational home, guest house, or two homes on one lot, this is truly a rare St. Pete find. Don't miss the opportunity to experience everything this one-of-a-kind property has to provide. Conveniently located in North St. Petersburg with easy access to Downtown St. Pete, dining, shopping, entertainment, Gulf beaches, and the greater Tampa Bay area. Live in one. Rent the other. Bring the family. Build your portfolio. CALL TODAY! Certain photos may include virtual staging or digital enhancements for illustrative purposes only.