Once-in-a-lifetime opportunity for the savvy homeowner or part-time resident who is looking for a property that will produce income and help offset the costs! This beautiful bungalow in Historic Uptown offers endless potential and features a picture-perfect wraparound front porch. Before we get lost in the allure, let's cover the basics. This property consists of the main home (3 bed 2 baths), a detached 4-car garage with individual stalls, 3 apartments (2 rentals and one owner suite), and 4 city licenses for rental income! The renovated main house consists of an open floor plan with high coffered ceilings and very generous living spaces and storage throughout. Gorgeous wood floors, a front entry space, a living room, a dining area, a chef's dream kitchen with an apron sink, and a large island with bar seating. The primary bedroom with a walk-in closet, en-suite bathroom with dual sinks, a walk-in shower, and comes equipped with your very own personal infrared sauna! The two remaining bedrooms are good in size and share an updated full bathroom. The side yard accessible off of the kitchen through the laundry room is a great space to enjoy a lazy afternoon or grillout. French doors off of the primary also lead to the backyard. An 8 kW solar system was installed in 2019, offering significant savings and an average electric bill of $57 a month. This unique property offers the safety net of income-producing opportunities. 4 car garage stalls can be used for storage, an at-home gym, one even has climate control and a bathroom with a shower! Possibilities are endless, perfect for the car/motorcycle enthusiast , keeping collectables safe and secure. Above the garages are two charming (1bed/1bath) rental units with a history of longstanding quality professional tenants. The two apartments are mirror images of each other, with a charming shared front porch, updated bathrooms, and full kitchens. There is also a converted upstairs attic that has an updated full bathroom and kitchen loft-style space, perfect for a guest space or office (currently not a legal rental). Additionally, there is boat/RV parking on the side of the garages a truly rare find this close to Downtown. This property has been meticulously maintained and upgraded over the years. The fenced-in yard gives privacy on this corner lot with alley access to the garages. One block from Round Lake Park, just five blocks from Crescent Lake Park, with its dog parks, tennis courts, and pickleball courts. 2.5 Miles to downtown St Petersburg. Convenient location to many local shops, breweries, coffee shops, and so much more. A rare find on the St. Petersburg residential income market, and your opportunity to own a part of historic St. Petersburg. Whether you’re a young professional looking to offset your mortgage, a part-time resident wanting a property that works for you while you’re away, or an investor seeking a turnkey income setup, this is a rare find in St. Pete’s residential income market.
Listing courtesy of NORTHSTAR REALTY. 727-528-7653
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