4645 38th Avenue N, St Petersburg, FL 33713

$699,000
4
BD
3
BA
2,162
SqFt

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List Price
$699,000
Status
ACTIVE
Days on Market
1
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 excellent investment opportunity at 4645 38th Ave N in St. Petersburg! This unique multifamily property features two separate buildings, offering privacy, flexibility, and income-producing potential. The property consists of two spacious units. One building features 2 bedrooms and 1.5 bathrooms, while the second building offers 2 bedrooms and 1 full bathroom. Adding to the property's appeal, a courtyard nestled between the two buildings creates a welcoming outdoor space. Additional amenities include on-site parking and two storage sheds, providing valuable extra space for tenants and added convenience. Currently generating $3,500 in monthly rental income ($42,000 annually), this property presents an attractive opportunity for investors seeking immediate cash flow or owner-occupants looking to live in one unit while generating rental income from the other. Conveniently located with access to shopping, dining, and major roadways, this is an opportunity to own an income-producing property in a desirable Pinellas County location.

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
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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