$395,000

Description

TWO HOMES, ONE LOT – INCOME-PRODUCING OPPORTUNITY IN ST. PETERSBURG! A rare opportunity to own two nicely updated homes on one lot in St. Petersburg! Whether you're looking for an investment property, a multi-generational living arrangement, or a home with built-in rental income, this versatile property offers exceptional possibilities. The main residence features 3 bedrooms, 1 bathroom, and approximately 1,400 square feet of living space. Nicely updated and full of charm, the home offers a welcoming atmosphere. An electric fireplace adds warmth and character to the living area. Behind the main home, you'll find a separate 2-bedroom, 1-bathroom residence with approximately 576 square feet. Also nicely updated, this second home is currently rented for $1,950 per month, providing immediate rental income and making this an attractive opportunity for investors or an excellent way for an owner-occupant to offset their housing expenses. Both homes are equipped with solar panels, offering the potential for added energy efficiency and reduced utility expenses. Even better, the property is located outside of a designated flood zone! Conveniently located near Childs Park and the Childs Park Recreation Center where you can enjoy pickleball courts, playgrounds, picnic areas and green spaces. The location also puts you close to Gulfport's waterfront arts district, the Skyway Marina District, the Pinellas Trail, downtown St. Petersburg, the Grand Central District, the Warehouse Arts District, and the beautiful Gulf beaches. Two updated homes. One property. Multiple possibilities! Whether you're looking to live in one home and collect rent from the other, accommodate extended family, or expand your investment portfolio, this is a wonderful opportunity you won't want to miss!