1423 DR MARTIN LUTHER KING JR STREET N ST PETERSBURG, FL 33704

$899,000

4 Beds

2 Baths

2208 sqft

Property Details

MLS#

TB8391638

Type

Single Family Residence

Status

Active Listing

Square Footage

2,208

Bedrooms

4

Bathrooms

2 full

Year Built

1928

Tax Amount

$13,270

Garage Spaces

3

Property Description

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!

Amenities

Cooling:Central Air

Balcony

Courtyard

Lighting

Sidewalk

Ceiling Fan(s)

Crown Molding

Eating Space In Kitchen

High Ceilings

Solid Surface Counters

Solid Wood Cabinets

Split Bedroom

Thermostat

Window Treatments

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