Discover a fantastic investment with this multifamily property, conveniently located within walking distance to the heart of Downtown St. Petersburg. This property is near numerous attractions, including a variety of restaurants, lively bars, Tropicana Field for baseball and events, The Pier, and several world-class museums. Enjoy living in one of the most walkable and desirable neighborhoods in the country.
The property features four units in the main building: two 1-bed/1-bath units on the first floor, a 1-bed/1-bath unit, and a studio on the second floor. Additionally, there is a converted studio space, formerly the garage.
Four units have been beautifully updated with new bathrooms, kitchens featuring new cabinets, appliances, and marble/quartzite countertops, attracting and retaining happy, long-term tenants. These improvements enhance the appearance and provide a comfortable rental experience, reducing tenant turnover.
A new water well has been installed for the irrigation system, and there are six parking spots at the rear of the property. The property is fully fenced, providing added privacy, and it features a nice backyard for tenants to enjoy.
With everything this property offers—proximity to Downtown St. Pete, updated units with top-of-the-line kitchens and being just 15 minutes from some of the best beaches in the country—this investment is an easy choice.