1423 DR MARTIN LUTHER KING JR ST N, ST PETERSBURG, FL, 33704
$899,000
Residential
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, Florida. 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 leased with long-term tenants in place, bringing in $63,000 of rental income annually. 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: MFRTB8391638 Year Built: 1928
Appliances: Dishwasher, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Washer Construction Materials: Wood Siding
Cooling: Central Air Country: US
County Or Parish: Pinellas Direction Faces: West
Exterior Features: Balcony, Courtyard, Lighting, Sidewalk Fencing: Fenced
Fireplace Features: Living Room Flooring: Wood
Foundation Details: Crawlspace Heating: Electric
Laundry Features: 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, Paved Occupant Type: Tenant
Parking Features: Driveway, Garage Faces Rear, Off Street Patio And Porch Features: Covered, Front Porch, Patio
Pets Allowed: Yes Possession: Close Of Escrow
Property Sub Type: Single Family Residence Property Type: Residential
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 Utilities: BB/HS Internet Available, Cable Available, Electricity Available, Natural Gas Available, Phone Available, Public, Sewer Available, Water Available
Vegetation: Trees/Landscaped Water Source: Public
Window Features: Drapes, Window Treatments, Wood Frames
Rooms Rooms
Kitchen: 12x17 ft Kitchen: 12x17 ft
Primary Bedroom: 11x11 ft Bedroom 2: 11x11 ft
Primary Bedroom: 11x11 ft Bedroom 4: 11x11 ft
Living Room: 19x12 ft Living Room: 19x24 ft
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