5801 FAIRFIELD AVE S, ST PETERSBURG, FL, 33707
$653,000
Residential Income
Bedrooms
6
Bathrooms
3
Living Area
2,541 Sqft
Lot Size
11,252 Sqft
Unique investment opportunity in the heart of Pasadena On The Gulf! This fully accessible, single-story triplex was built in 1994 and offers three well-designed 2-bedroom, 1-bathroom units, each with approximately 850 sq ft of living space. Set on a generous 0.26-acre lot with a total building size of 2,541 sq ft, the property is ideal for both long-term rental income and specialized housing needs. This is a true value-add property with strong fundamentals and excellent upside potential through strategic updates or rent increases. Each unit is wheelchair-accessible, featuring step-free entrances, wide doorways, and open floor plans that comfortably accommodate residents with mobility needs. A standout feature is the three covered parking spaces, each designed to fit high-top vans, making it perfect for tenants requiring specialized vehicles. Located directly on the Pinellas Trail, this property offers easy access to outdoor recreation and is just minutes from downtown Gulfport, St. Petersburg, and the Gulf beaches. Families will appreciate the nearby schools, including Bear Creek Elementary (0.3 mi), Azalea Middle School (2.9 mi), and Boca Ciega High School (0.3 mi). Whether you're an investor looking for steady cash flow or a buyer seeking a unique multi-unit property with built-in accessibility, this value-add triplex delivers on location, functionality, and long-term growth potential. Two of the units are like kind to the pictures, one of the units is in need of a full rehab.
Property Details
Property Features Property Features
MLS ID: MFRTB8401374 Year Built: 1994
Appliances: Dishwasher, Electric Water Heater, Range, Refrigerator Construction Materials: Block, Stucco
Cooling: Central Air Country: US
County Or Parish: Pinellas Exterior Features: Fence, Private Mailbox, Sidewalk, Sliding Doors
Flooring: Carpet, Ceramic Tile Foundation Details: Slab
Heating: Central, Electric Laundry Features: Electric Dryer Hookup, Inside, Washer Hookup
Levels: One Listing Agreement: Exclusive Right To Sell
Listing Terms: Cash, Conventional, FHA, VA Loan Parking Features: Assigned
Patio And Porch Features: Rear Porch Pets Allowed: Cats OK, Dogs OK, Yes
Property Sub Type: Triplex Property Type: Residential Income
Road Surface Type: Asphalt Roof: Shingle
Sewer: Public Sewer Showing Requirements: Appointment Only, Call Listing Agent, See Remarks
Special Listing Conditions: None Standard Status: Active
State Or Province: FL Utilities: Cable Connected, Electricity Connected, Sewer Connected, Water Connected
Water Source: Public
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