UNDER CONTRACT - ACCEPTING BACK UP OFFERS! Fully gut-renovated income-producing duplex in the heart of St. Petersburg, featuring two turnkey units (1932 & 1934) and located just 7 minutes from downtown. This high-quality renovation includes a brand-new roof, all new exterior and interior doors, new exterior paint and a complete electrical rewire throughout both units. Each unit offers in-unit laundry connections, modern kitchens with shaker-style cabinets, quartz countertops, and stainless steel appliances. The bathrooms have been fully remodeled with tiled showers, new vanities, and sleek modern fixtures. Interior upgrades also include new waterproof luxury vinyl plank flooring, all new trim, and baseboards for a clean, updated finish. Units also include Central HVAC. The duplex layout consists of a 2 bedroom / 1 bathroom unit with rent at $2,000/month and a 1 bedroom / 1 bathroom unit with rent at $1,700/month — totaling $3,700 in potential monthly income. According to current HUD Fair Market Rent guidelines, the 2-bedroom is eligible for up to $2,130/month and the 1-bedroom up to $1,820/month, offering $250/month in potential rental upside. Located in a prime corridor within the City of St. Petersburg, this duplex benefits from strong tenant demand and proximity to dining, entertainment, and major employment centers. Perfect for investors seeking cash flow and appreciation or owner-occupants looking to offset housing costs. No hurricane damage from both storms (Milton & Helene). Motivated seller — don’t miss out on this fully updated opportunity.
Listing courtesy of MPGFL TAMPA LLC.
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