245 - 247 38th Avenue Se, St Petersburg, FL 33705

Property Description

Income-producing duplex opportunity in St. Petersburg. Comes with Americas Preferred 1 Year Home Warranty. This solid concrete block multi-family property features two spacious 3-bedroom, 2-bathroom units, offering strong rental appeal in a high-demand area for both long-term tenants and investors. Each unit provides a functional layout with updated flooring, refreshed kitchens with stone countertops and tile backsplash, and renovated bathrooms with modern subway tile finishes. Large windows bring in natural light, creating comfortable and attractive living spaces for tenants. The property offers approximately 2,140 square feet of heated living space and sits on a 75 x 90 lot in the Lewis Island area, just minutes from downtown St. Petersburg, waterfront parks, shopping, dining, and major commuter routes. Central air conditioning adds to tenant comfort and long-term rental stability. With two large 3-bedroom units, this property provides strong income potential and flexibility for investors seeking cash flow, portfolio expansion, or a house-hack opportunity by living in one unit and renting the other. St. Petersburg continues to see strong rental demand, making this a compelling opportunity to acquire a multi-family property in a growing market. **Each unit has its own meters (water and electric) Seller is not interested in owner/seller financing type offers.