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$749,000
7 Beds ⋅ 5 Baths ⋅ Rouslynn SubDv. ⋅ 33705 Zip Code
Turnkey income in Old Southeast — two buildings, four rental units, and a courtyard trailer for owner or additional income. Fully occupied and producing $7,450/month ($89,400 annually) from day one, No waiting for cash flow. Solar panels on main home and paid for. Three new AC units — permitted and elevated to meet flood insurance elevation standards. The Location can't be beat! The Old Southeast is St. Pete's Artist Enclave — roughly 20 working studios, brick streets, hexagon-block sidewalks, laurel oaks, and a resident flock of wild green parrots. Lassing Park's 12.5 bayfront acres sit a few blocks east for kayaking, paddleboarding, fishing and sunrise over Tampa Bay. Walk to USF St. Petersburg and to downtown — the Pier, Beach Drive, the Dalí, Saturday Morning Market. The Chattaway and Old Southeast Market are neighborhood institutions around the corner. That walkability is the investment case: a campus, a bayfront park and a downtown core all within reach means a renter pool that renews itself. Tenants here don't need a car, and they don't leave. Four doors, fully leased, in a neighborhood people wait years to buy into. Call today for more details.

1901 3rd Street S, St Petersburg
$535,000
3 Beds ⋅ 3 Baths ⋅ Rouslynn SubDv. ⋅ 33705 Zip Code
Prime Old Southeast Duplex Investment Opportunity - Turnkey income-producing property in the heart of Old Southeast St Petersburg. this exceptional investment opportunity features a 2-bedroom, 2-bathroom unit plus a 1-bedroom, 1-bathroom unit. There is additional property to expand the footprint to add an additional ADU on the property for expanded investment opportunities. Located in desirable Old Southeast, just approximately 1 mile south of Downtown St. Petersburg, this renovated concrete block duplex offers a strong investment opportunity in one of St. Pete’s consistently high-demand rental locations. With proximity to the USF St. Petersburg campus, Johns Hopkins All Children’s Hospital, Orlando Health Bayfront Hospital, the St. Pete Innovation District, The Dalí Museum, Mahaffey Theater, Al Lang Stadium, downtown waterfront parks, the marina, restaurants, nightlife, museums, and Tampa Bay, this location appeals to long-term tenants, medical professionals, college students, downtown workers, and owner-occupants alike. Both units have been renovated and feature newer major systems, including a NEW ROOF 2025, both apartments have NEW AC UNITS 2023, and private in-unit washer and dryer for each residence. Additional upgrades include; NEW HOT WATER TANKS 2024, IMPACT WINDOWS 2023, NEW APPLIANCES 2024. The larger front unit offers approximately 850 square feet with a conventional and highly livable layout, featuring 2 spacious bedrooms, each with its own ensuite bathroom, a fully equipped kitchen, private laundry, and private outdoor space. The second unit is an efficient and well-appointed 1 bedroom, 1 bathroom residence with approximately 530 square feet, offering a large bedroom with ensuite bath, functional kitchen storage, private laundry, and comfortable living space. This property is ideal for an investor looking to add a renovated duplex to their rental portfolio. With the growth of the nearby Innovation District, expanding healthcare, marine science, university, arts, and business corridors, this Old Southeast duplex is positioned in a location where rental demand remains strong. You will never be short of tenant interest in this prime St. Petersburg location.

260 20th Avenue S, St Petersburg