$430,989

Description

INVESTOR ALERT! Income-producing 1926 duplex in a growing part of St. Petersburg. This two-story block-and-brick duplex blends Old Florida character with 1,628 heated sq ft (2,136 gross sq ft) on an oversized lot. That includes the additional front parcel of land, which conveys with the property. Unit 2 is tenant-occupied at $1,900/month, with the lease renewing in March 2027, so you have income from day one. Unit 1 is vacant and move-in ready, so you can set your own rent or live in one unit and rent the other. Unit 1 has fresh paint, new carpet and a bright, open layout. Unit 2 has a private exterior entrance and a sunny Florida room with tile floors. The attached garage offers potential to convert into an additional rental unit (buyer to verify zoning and permitting). The roof was replaced in 2021, a big plus for insurability. Also features off-street parking, separate entrances and a mature yard. Located within the South St. Pete Community Redevelopment Area, the property is minutes from downtown and the 86-acre Historic Gas Plant District (Tropicana Field site), now moving toward a multi-billion-dollar redevelopment. It is also close to the revitalizing Deuces/22nd Street South corridor and the Warehouse Arts District. Get in ahead of the growth. Schedule your showing today!