147 42nd Ave., St Petersburg, FL 33703 - TB8354617 - iPro Real Estate

147 42nd Ave.
St Petersburg, FL 33703

Active, Multi-Family/Income Sale

New Listing
For Sale

$589,000 $324.70 per sqft

Free Professional CMA

Listing ID : TB8354617

  • Beds

    2
  • Garage

    1
  • Structure / Lot Size

    1,814 Sqft / 7,405 Sqft
  • Year

    1950

Description

100% Occupied – Exceptional Cash Flow & Investment Potential with Minimal Maintenance! This is a rare opportunity to acquire two concrete block homes for the price of one, offering excellent income potential with virtually no upkeep. Recently updated and well-maintained, this property consists of three fully rented units, making it the perfect addition to your investment portfolio. Whether you're interested in short, mid, or long-term rentals, this property has it all. Alternatively, live in one unit and rent out the others to generate passive income. Property Features: Main House: A charming 2-bedroom, 1-bathroom home offering spacious living and dining areas. Both bedrooms include walk-in closets, and the home boasts a private laundry room for added convenience. Accessory Dwelling Unit (ADU): A beautifully furnished 1-bedroom, 1-bathroom unit, complete with a private patio with hot tub, artificial turf, storage space, and its own laundry area. Luxury Garage: A high-end, fully remodeled, and furnished garage that features a kitchenette, bathroom, workshop area, and generous storage options. This versatile space adds both functionality and value. The property’s design emphasizes low-maintenance living, with all units recently updated to ensure durability and minimal upkeep. Located in a desirable neighborhood with easy access to everything you need, you’ll enjoy the convenience of being just one block away from a scenic bike path leading straight to Downtown St. Petersburg. A quick 5-minute walk brings you to Publix, Whole Foods, and a variety of local amenities. Best of all, your additional income from the ADU and garage will comfortably offset your mortgage payments, ensuring that this property is not only a great place to live but also a smart financial investment.

Details

Type: Multi-Family/Income Sale 
Subdivision: Snell Gardens Sub 
MLS Area: 33703 - St Pete 
County: Pinellas 
Security Features: Smoke Detector(s) 
Tax ID: 063117832500060150
Annual Taxes: $7,438
Elementary: North Shore Elementary-PN 
Middle: Meadowlawn Middle-PN 
High: Northeast High-PN 
Furnished: Partially 
Building Size: 1,814 SqFt 
Net Operating Income: $77,300 
Days on Market: 1 
Appliances: Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Freezer, Gas Water Heater, Ice Maker, Microwave, Range, Refrigerator, Washer 
Attached Garage: Yes
Cooling: Central Air, Mini-Split Unit(s) 
Exterior Features: Dog Run, Fenced, Garden, Hurricane Shutters, Irrigation System, Lighting, Private Mailbox, Rain Gutters, Sidewalk 
Flooring: Ceramic Tile, Luxury Vinyl, Vinyl 
Foundation: Block, Slab 
Heating: Central, Heat Pump 
Interior Features: Ceiling Fan(s), Open Floorplan, Primary Bedroom Main Floor, Solid Surface Counters, Solid Wood Cabinets, Thermostat, Walk-In Closet(s) 
Laundry: Inside, Laundry Closet 
Number of Buildings: 2 
Number of Units: 3 
Parking Spaces: 2 
Property Type: Commercial Sale 
Roof: Shingle 
Sub Type: Triplex 
Utilities: Cable Available, Cable Connected, Electricity Connected, Fiber Optics, Natural Gas Connected, Sewer Connected, Sprinkler Well, Water Connected 
View: Garden 

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27.810621 -82.633331 $589,000 TB8354617
147 42nd Ave., St Petersburg, FL 33703
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Listed by Magdalena Chytra with DALTON WADE INC