Description

Prime Old Southeast Duplex Investment Opportunity - Just 1 Mile South of Downtown St. PetersburgLocated in desirable Old Southeast, just approximately 1 mile south of Downtown St. Petersburg, this renovated concrete block duplex offers a strong investment opportunity in one of St. Pete's consistently high-demand rental locations. With proximity to the USF St. Petersburg campus, Johns Hopkins All Children's Hospital, Orlando Health Bayfront Hospital, the St. Pete Innovation District, The Dalà­ Museum, Mahaffey Theater, Al Lang Stadium, downtown waterfront parks, the marina, restaurants, nightlife, museums, and Tampa Bay, this location appeals to long-term tenants, medical professionals, students, downtown workers, and owner-occupants alike.Both units have been renovated and feature newer major systems, including a NEW ROOF 2025, both apartments have NEW AC UNITS 2023, and private in-unit washer and dryer for each residence. Additional upgrades include; NEW HOT WATER TANKS 2024, IMPACT WINDOWS 2023, NEW APPLIANCES 2024. The larger front unit offers approximately 850 square feet with a conventional and highly livable layout, featuring 2 spacious bedrooms, each with its own ensuite bathroom, a fully equipped kitchen, private laundry, and private outdoor space. The second unit is an efficient and well-appointed 1 bedroom, 1 bathroom residence with approximately 530 square feet, offering a large bedroom with ensuite bath, functional kitchen storage, private laundry, and comfortable living space.This property is ideal for an investor looking to add a renovated duplex to their rental portfolio or for a buyer seeking an owner-occupant house-hacking opportunity. Time it right, and the 2 bedroom/2 bathroom unit may be available for you to live in while the 1 bedroom/1 bathroom unit helps offset your mortgage. With the growth of the nearby Innovation District, expanding healthcare, marine science, university, arts, and business corridors, this Old Southeast duplex is positioned in a location where rental demand remains strong. You will never be short of tenant interest in this prime St. Petersburg location.