1500 30th Avenue N, St Petersburg, FL 33704

Property Description

Virtually Staged. PRICED TO SELL! PRIME ST. PETERSBURG LOCATION! EXCEPTIONAL INCOME PRODUCING INVESTMENT OPPORTUNITY! LOCATION, LOCATION, LOCATION! Investors, take notice! This charming, well-maintained BLOCK CONSTRUCTION TRIPLEX is priced to sell and perfectly positioned just minutes from vibrant Downtown St. Petersburg, beautiful Gulf Beaches, restaurants, shopping, entertainment, and everything that makes this area so desirable! THREE UNITS, ONE INCREDIBLE OPPORTUNITY! Whether you're an experienced investor looking to expand your portfolio or a buyer interested in living in one unit while collecting rental income from the others, this property offers outstanding flexibility and income potential! MAJOR UPDATES ALREADY COMPLETED! Since 2019, the property has benefited from numerous improvements, including remodeled kitchens, updated appliances, newer windows, fresh interior paint, washer and dryer hookups, and more! HVAC replaced in 2017. UNITS A & B: Two spacious 1-bedroom, 1-bathroom residences located at the front of the property, featuring a charming covered front porch, beautiful architectural details, coved ceilings, and classic arched doorways that preserve the character of this 1949 property. Unit A showcases original hardwood flooring, while Unit B features durable ceramic tile flooring. UNIT C: Converted in 2019, this attractive rear studio apartment offers a comfortable living and sleeping area, eat-in kitchen, full bathroom, and convenient alley access. Situated on a desirable CORNER LOT, the property also offers ON-SITE PARKING and additional shared tenant storage in the remaining garage space. EXCELLENT RENTAL INCOME POTENTIAL! Unit A: Projected market rent of $2,000/month. Unit B: Currently rented for $1,600/month on a month-to-month lease, with projected market rent of $2,000/month. Unit C: Currently vacant, with projected market rent of $1,700/month. POTENTIAL GROSS RENTAL INCOME OF $5,700 PER MONTH OR $68,400 ANNUALLY AT PROJECTED MARKET RENTS! PRICED TO SELL AND READY FOR ITS NEXT OWNER! With solid block construction, extensive updates, charming architectural details, three separate living spaces, and an unbeatable location near Downtown St. Petersburg, this property represents an exciting opportunity to invest in one of Tampa Bay's most desirable markets.