Description
This property is a rare gem, perfectly suited for a range of buyers, from savvy investors seeking income-producing opportunities to families looking for a versatile home. with a total net rent of $4,900 per month, this duplex delivers an impressive 4.9% cap rate. its mtm zoning not only permits a single-family home to be constructed up to 36 feet high in the front of the lot but also unlocks additional potential for creative development. situated in flood zone x, the property offers added peace of mind, free from the worries of high-risk flood zones.
the fully renovated duplex boasts two distinct units: one featuring two bedrooms and one bathroom, and the other a cozy one-bedroom, one-bath layout. every detail of the approximately $40,000 in upgrades has been thoughtfully executed to ensure a modern and worry-free living experience. the property features a brand-new roof installed in 2021 and recently updated air conditioning units for ultimate comfort. plumbing has been completely upgraded to durable pvc, connected seamlessly to the city drain with new clean-outs. the interiors have been refreshed with updated kitchen countertops, while the bathrooms exude elegance with new showers, toilets, cabinets, and a fresh, modern coat of paint.
outside, the property continues to impress. a newly constructed concrete porch, an $18,000 investment, adds a touch of sophistication and durability, while the privacy fence, installed in november 2023, creates a serene and secure atmosphere. the oversized lot amplifies the property's versatility, offering ample space for additional development or outdoor enhancements. the duplex’s strategic placement at the rear of the lot maximizes usability, leaving the front portion primed for future construction or landscaping dreams.
this property stands as a testament to both charm and potential, providing a blank canvas for those who want to expand on its many possibilities. whether you’re an investor looking to maximize rental income or a homeowner seeking to live in one unit while renting out the other, the options here are virtually limitless. the zoning allows for further development, such as a single-family home or additional rental spaces, ensuring this property remains a standout investment.
seize this unique opportunity to own a property that combines timeless appeal with modern upgrades, all while offering untapped potential for future growth. schedule your private showing today and step into a property that truly has it all.
Property Type
ResidentialSubdivision
Atriums At Silver PinesCounty
PinellasStyle
ResidentialAD ID
47791297
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Property Details
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Interior Features
Bedroom Information
- Total Bedroom: 3
Bathroom Information
- Total Baths: 2
- Full Baths: 2
Interior Features
- Ceiling Fans(s), Smart Home
- Roof: Shingle
- Appliances: Dryer, Refrigerator, Washer
- Laundry Features: Common Area
Roofing Information
- Shingle
Flooring Information
- Flooring: Carpet, Tile, Wood
- Construction Materials: Stucco, Wood Frame
Heating & Cooling
- Heating: Wall Units / Window Unit
- Cooling: Wall/Window Unit(s)
- WaterSource: Public
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Exterior Features
Building Information
- Year Built: 1927
Exterior Features
- Lighting, Rain Gutters
- Construction Materials: Stucco, Wood Frame
- Foundation Details: Slab
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Property / Lot Details
Lot Information
- Lot Description: FloodZone, Historic District, Near Public Transit, Oversized Lot
- Lot Square Feet: 4887
- Lot Acres: 0.11
Property Information
- Property Type: Residential
- Sub Type: Half Duplex
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Listing Information
Listing Price Information
- Original List Price: $619900
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Taxes / Assessments
Tax Information
- Annual Tax: $5958
- Tax Year: 2023
- Parcel Number: 12-31-16-41598-002-0040
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Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Parking Information
- Alley Access
-
School, Utilities &Location Details
School Information
- Elementary School: John M Sexton Elementary-PN
- Junior High School: Meadowlawn Middle-PN
- Senior High School: St. Petersburg High-PN
Utility Information
- Cable Connected, Electricity Connected, Water Connected
Location Information
- Subdivision: HUDSON CITY SUB REV REP
- City: SAINT PETERSBURG
- Direction: From St. Petersburg High School, head west on 5th Ave N and make a U-turn at 27th St N. Continue for about 0.7 miles and turn left to merge onto I-275 North toward Tampa. After 1.8 miles, take exit 25 for 38th Ave N and veer slightly right onto the ramp toward US-92. Merge onto 38th Ave N, and your destination will be on the right at 1410 38th Ave N, St. Petersburg.
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BuyOwner last updated this listing Mon Nov 25 2024
- MLS: MFRTB8324491
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: MFRMLS (My Florida Regional MLS DBA Stellar MLS)
is a Home, with 3 bedrooms which is for sale, it has 1,249 sqft, 0 sized lot, and 0 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of SAINT PETERSBURG , in zip code 33704, this Pinellas County Home , it is in the ATRIUMS AT SILVER PINES Subdivision, and are nearby neighborhoods.