$550,000
Pending · 14 days on market · MLS# MFRTB8384524
| Bedrooms | 7 |
|---|---|
| Living area | 3,099 sq ft |
| Lot size | 0.28 acres |
| Year built | 1952 |
| Property type | Triplex |
| Private pool | Yes |
| Waterfront | Yes |
| Annual taxes | $6,660 |
| County | Pinellas |
Under contract-accepting backup offers. This 3-unit multi-family property in St. Petersburg offers a rare blend of location, rental income, and value-add potential. Tucked on a quiet street with easy access to I-275 and just minutes from downtown St. Pete, this occupied triplex is ready to generate cash flow from day one. New roofs 2020 and 2019. There are 2 structures; a duplex totaling 1875 sqft and a two-story home totaling 1224sqft. There is a recent appraisal attached giving all the details of the square footage and layouts. _________________________________________________________________________________________________________________ Unit A – A functional 2-bedroom, 2-bath layout with in-unit laundry. ________________________________________________________________________________________________________________ Unit B – 2 bedrooms, 2 bathrooms, dedicated living and dining areas, full kitchen, laundry, and a fenced backyard—ideal for long-term tenants. ________________________________________________________________________________________________________________ Unit C – This unit is vacant. A spacious 2-story unit featuring 3 bedrooms, 2.5 baths, living room, kitchen, and in-unit laundry—plenty of space for families or roommates ________________________________________________________________________________________________________________ Inside, each unit features a functional layout with essential comforts, including in-unit laundry facilities. Interiors range from average to below average, with a mix of older finishes and practical, tenant-friendly features. Kitchens and bathrooms are serviceable as-is, but there's clear potential for value-add upgrades. The interiors are in average to below-average condition, providing a great opportunity for future renovations or updates to boost rental rates. The lot offers off-street parking, mature trees for shade, and a city skyline view just a few blocks away—proving you don’t need luxury finishes to tap into location value. Whether you're expanding your portfolio or looking for your first multi-family property, this triplex offers built-in income with long-term potential.
Listing courtesy of Jodi Avery, KELLER WILLIAMS REALTY- PALM H. Presented by MC Homes Realty Inc · 727432218.