Discover an excellent investment opportunity at 4645 38th Ave N in St. Petersburg! This unique multifamily property features two separate buildings, offering privacy, flexibility, and income-producing potential. The property consists of two spacious units. One building features 2 bedrooms and 1.5 bathrooms, while the second building offers 2 bedrooms and 1 full bathroom. Adding to the property's appeal, a courtyard nestled between the two buildings creates a welcoming outdoor space. Additional amenities include on-site parking and two storage sheds, providing valuable extra space for tenants and added convenience. Currently generating $3,500 in monthly rental income ($42,000 annually), this property presents an attractive opportunity for investors seeking immediate cash flow or owner-occupants looking to live in one unit while generating rental income from the other. Conveniently located with access to shopping, dining, and major roadways, this is an opportunity to own an income-producing property in a desirable Pinellas County location.
Listing courtesy of SMITH & ASSOCIATES REAL ESTATE. 727-342-3800
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