1423 DR MARTIN LUTHER KING JR ST N new

St Petersburg,FL 33704

$ 950000

4 Beds

2 Baths

2208 SqFt


Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,208 sqft

Price per Sqft $430

Subdivision Intermont G L Hunts Div

MLS Listing ID TB8391593

Bedrooms 4

Year Built 1928

Annual Tax Amount $13,270

Lot Size 6,534 Sqft

Property Sub-Type Duplex

New Construction false

Property Description

Investors or house-hackers! This is a must-see, beautifully renovated multi-family property located in the highly desirable Crescent Lake area of St Petersburg. This exquisite duplex offers two spacious 2 bed/1 bath units along with a detached 3-car garage, presenting a prime investment opportunity, as the property is currently zoned to construct up to 4 units. Currently bringing in $63,000 of rental income annually with long-term tenants in place. This historic home was fully renovated in 2022 up to today's standards. Upgrades included a new roof, new HVAC, new gas water heaters, new electrical throughout and plumbing updated as well. The kitchens in both units feature charming and modern updates including new cabinetry and new appliances. Open shelving and updated backsplashes add a touch of contemporary style. The bathrooms have been refreshed with new vanities while preserving the original tile and refinishing the cast iron tubs, highlighting the home's historic charm. Endless windows throughout both units let in the natural light complemented by stunning window treatments. The backyard features a shared laundry space in a covered area attached to the garage, and an expansive backyard perfect for entertaining! Both units also offer large front porches, ideal for relaxing with a morning coffee or evening drink. This exceptional property is a rare find and outstanding investment opportunity. Don't miss the chance to make this stunning duplex your new venture!

Location

State FL

County Pinellas

Community Intermont G L Hunts Div

Area 33704 - St Pete/Euclid

Zoning MULTI-FAM

Rooms

Other Rooms Formal Living Room Separate

Interior

Heating Electric

Cooling Central Air

Flooring Wood

Fireplaces Type Living Room

Laundry Common Area,Outside

Exterior

Exterior Feature Balcony,Courtyard,Fence,Lighting

Parking Features Common,Deeded,Driveway,Garage Faces Rear,Ground Level,Off Street

Garage Spaces 3.0

Community Features Street Lights

Utilities Available BB/HS Internet Available,Cable Available,Electricity Available,Natural Gas Available,Phone Available,Public,Sewer Available,Water Available

Roof Type Shingle

Building

Lot Description City Limits,Landscaped,Level,Near Public Transit,Sidewalk

Foundation Crawlspace

Sewer Public Sewer

Water Public

Structure Type Frame

New Construction false

Schools

High Schools St. Petersburg High-Pn

Others

Acceptable Financing Cash,Conventional,FHA,VA Loan

Listing Terms Cash,Conventional,FHA,VA Loan

Special Listing Condition None

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