1423 DR MARTIN LUTHER KING JR ST N, ST PETERSBURG, FL, 33704
$899,000
Residential Income
|
Bedrooms
4
|
Bathrooms
2
|
Living Area
2,208 Sqft
|
Lot Size
6,434 Sqft
|
Investors or house-hackers! This is a must-see, beautifully renovated multi-family property located in the highly desirable Crescent Lake area of St Petersburg. This exquisite duplex offers two spacious 2 bed/1 bath units along with a detached 3-car garage, presenting a prime investment opportunity, as the property is currently zoned to construct up to 4 units. Currently bringing in $63,000 of rental income annually with long-term tenants in place. This historic home was fully renovated in 2022 up to today's standards. Upgrades included a new roof, new HVAC, new gas water heaters, new electrical throughout and plumbing updated as well. The kitchens in both units feature charming and modern updates including new cabinetry and new appliances. Open shelving and updated backsplashes add a touch of contemporary style. The bathrooms have been refreshed with new vanities while preserving the original tile and refinishing the cast iron tubs, highlighting the home's historic charm. Endless windows throughout both units let in the natural light complemented by stunning window treatments. The backyard features a shared laundry space in a covered area attached to the garage, and an expansive backyard perfect for entertaining! Both units also offer large front porches, ideal for relaxing with a morning coffee or evening drink. This exceptional property is a rare find and outstanding investment opportunity. Don’t miss the chance to make this stunning duplex your new venture!
Property Details
| Property Features | Property Features | |||
|---|---|---|---|---|
| MLS ID: | MFRTB8391593 | Year Built: | 1928 | |
| Appliances: | Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer | Community Features: | Street Lights | |
| Construction Materials: | Frame | Cooling: | Central Air | |
| Country: | US | County Or Parish: | Pinellas | |
| Exterior Features: | Balcony, Courtyard, Fence, Lighting | Financial Data Source: | Owner | |
| Fireplace Features: | Living Room | Flooring: | Wood | |
| Foundation Details: | Crawlspace | Heating: | Electric | |
| Laundry Features: | Common Area, Outside | Levels: | Two | |
| Listing Agreement: | Exclusive Right To Sell | Listing Terms: | Cash, Conventional, FHA, VA Loan | |
| Lot Features: | City Limits, Landscaped, Level, Near Public Transit, Sidewalk | Occupant Type: | Tenant | |
| Parking Features: | Common, Deeded, Driveway, Garage Faces Rear, Ground Level, Off Street | Patio And Porch Features: | Covered, Front Porch, Patio | |
| Pets Allowed: | Yes | Property Sub Type: | Duplex | |
| Property Type: | Residential Income | Road Surface Type: | Paved | |
| Roof: | Shingle | Sewer: | Public Sewer | |
| Showing Requirements: | 24 Hour Notice, Call Listing Agent, Combination Lock Box, See Remarks, ShowingTime | Special Listing Conditions: | None | |
| Standard Status: | Active | State Or Province: | FL | |
| Tenant Pays: | Electricity, Gas | Utilities: | BB/HS Internet Available, Cable Available, Electricity Available, Natural Gas Available, Phone Available, Public, Sewer Available, Water Available | |
| Water Source: | Public | Window Features: | Drapes, Wood Frames | |
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