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843.438.6959
Real Estate Company
4645 38th Avenue N, St Petersburg, FL 33713
- $699,000
- 4
- BD
- 3
- BA
- 2,162
- SqFt
- List Price
- $699,000
- Status
- ACTIVE
- Days on Market
- 2
- MLS#
- TB8566562
- Subtype
- Residential Income
- Style
- One Story
- Year Built
- 1950
- Bedrooms
- 4
- Bathrooms
- 3
- Living Area
- 2,162
- Lot Size
- 9,291
- Acres
- 0.21
- Subdivision
- Dearmins Sub 3
- MLS Area Major
- St Pete
Property Description
Discover an outstanding opportunity to own an income-producing multifamily property in the heart of St. Petersburg! Situated on one property, this unique offering features two separate residential buildings, providing flexibility, privacy, and multiple income-producing possibilities. Property Use: Multi-Fam <10 Units. The front residence offers 1,262 square feet with 2 oversized bedrooms, 1.5 bathrooms, a desirable split-bedroom floor plan, a laundry closet, a spacious living area, and an eat-in kitchen. The second residence features approximately 900 square feet with 2 bedrooms and 1 full bathroom, making it ideal for additional rental income, multigenerational living, or an owner-occupant seeking supplemental income. Adding to the property's appeal is a charming courtyard nestled between the two buildings, creating a private outdoor gathering space. Additional amenities include on-site parking, two storage sheds, and a fully vinyl-fenced yard. The numbers make this opportunity especially attractive: Currently generating $3,500 in monthly rental income, or $42,000 annually, this property offers immediate income potential with the flexibility to maximize returns through future rental opportunities. Whether you're an investor looking to expand your portfolio or an owner-occupant interested in living in one residence while generating income from the other, this versatile property offers exceptional possibilities. Conveniently located near shopping, dining, and major roadways, this is a unique opportunity to secure a versatile multifamily asset in desirable Pinellas County.
Additional Information
- Interior Features
- Eat-in Kitchen, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Split Bedroom
- Exterior Features
- Courtyard, Private Yard
- Community Features
- No Deed Restriction
- Property Description
- One Story
- Zoning
- NT-1
- Heating
- Central
- Air Conditioning
- Central Air, Mini-Split Unit(s), Wall/Window Unit(s)
- Exterior Construction
- Block
- Exterior Features
- Courtyard, Private Yard
- Levels
- One
- Roof
- Shingle
- Foundation
- Slab
Courtesy of SMITH & ASSOCIATES REAL ESTATE
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