Listing Details for MLS #U8252915
4001 2nd Avenue S, Saint Petersburg, Fl

Residential Property - Single Family Residence in Saint Petersburg

Listing Price: $364,900 (Mortgage Calculator →)Days on Market: 48

Description of Property

Discover the charm and potential of this versatile property nestled in the sought-after Halls Central neighborhood of St. Petersburg! Keep utilizing it as a rental investment or have it as your primary residence with an in-law space that could help generate income towards your mortgage! This property is situated on a corner lot adjacent to a classic, St. Petersburg red brick road. The main home features 3 bedroom and 1 bathroom and the detached apartment features 1 bedroom and 1 bathroom space. Ample parking is available on this lot. The current owners have kept up with the important maintenance of the property to not only ensure satisfied renters, but to maintain integrity and safety. The main home had the roof replaced about 1 month ago, an AC replaced 3.5 years ago, and new insulation installed. Other main home updates include a new water heater, flooring, paint, some window replacements, new dishwasher, doors, garbage disposal, opening up the kitchen and living space, new butcher block countertop, new faucets and sinks. The detached apartment was renovated from head to toe to bring it to all its current glory and had new insulation installed as well. For ease of use, the owners had a shed installed with a washer and dryer. Currently, there is one electrical meter for the property that is allocated to each unit. The water, sewer, and trash is split to each unit as well. The main house currently generates $1,750 a month and the detached apartment currently generates $850 a month. Both homes have been occupied by the same renters for a number of years. The current local area market dictates there is the ability to have an increase in those rental amounts per month. This location is a short way to the interstate, dining, shopping, tons of great indoor and outdoor activities, local colleges, and #1 rated beaches. Do not miss the opportunity to see this property in person! We love working with buyer's agents! (Photos were prior to tenant occupancy.)The average asking price for a 4 bedroom/2 bath single family residence in this Zip code is $719,658. This single family residence is listed at about 51% of the average asking price. There are 7 4 bedroom/2 bath homes between $300,000 and $500,000 currently listed for sale in this Zip code. See other listings like this one »