This property is a rare gem, perfectly suited for a range of buyers, from savvy investors seeking income-producing opportunities to families looking for a versatile home. With a total net rent of $4,900 per month, this duplex delivers an impressive 4.9% cap rate. Its MTM zoning not only permits a single-family home to be constructed up to 36 feet high in the front of the lot but also unlocks additional potential for creative development. Situated in flood zone X, the property offers added peace of mind, free from the worries of high-risk flood zones.
The fully renovated duplex boasts two distinct units: one featuring two bedrooms and one bathroom, and the other a cozy one-bedroom, one-bath layout. Every detail of the approximately $40,000 in upgrades has been thoughtfully executed to ensure a modern and worry-free living experience. The property features a brand-new roof installed in 2021 and recently updated air conditioning units for ultimate comfort. Plumbing has been completely upgraded to durable PVC, connected seamlessly to the city drain with new clean-outs. The interiors have been refreshed with updated kitchen countertops, while the bathrooms exude elegance with new showers, toilets, cabinets, and a fresh, modern coat of paint.
Outside, the property continues to impress. A newly constructed concrete porch, an $18,000 investment, adds a touch of sophistication and durability, while the privacy fence, installed in November 2023, creates a serene and secure atmosphere. The oversized lot amplifies the property’s versatility, offering ample space for additional development or outdoor enhancements. The duplex’s strategic placement at the rear of the lot maximizes usability, leaving the front portion primed for future construction or landscaping dreams.
This property stands as a testament to both charm and potential, providing a blank canvas for those who want to expand on its many possibilities. Whether you’re an investor looking to maximize rental income or a homeowner seeking to live in one unit while renting out the other, the options here are virtually limitless. The zoning allows for further development, such as a single-family home or additional rental spaces, ensuring this property remains a standout investment.
Seize this unique opportunity to own a property that combines timeless appeal with modern upgrades, all while offering untapped potential for future growth. Schedule your private showing today and step into a property that truly has it all.
The fully renovated duplex boasts two distinct units: one featuring two bedrooms and one bathroom, and the other a cozy one-bedroom, one-bath layout. Every detail of the approximately $40,000 in upgrades has been thoughtfully executed to ensure a modern and worry-free living experience. The property features a brand-new roof installed in 2021 and recently updated air conditioning units for ultimate comfort. Plumbing has been completely upgraded to durable PVC, connected seamlessly to the city drain with new clean-outs. The interiors have been refreshed with updated kitchen countertops, while the bathrooms exude elegance with new showers, toilets, cabinets, and a fresh, modern coat of paint.
Outside, the property continues to impress. A newly constructed concrete porch, an $18,000 investment, adds a touch of sophistication and durability, while the privacy fence, installed in November 2023, creates a serene and secure atmosphere. The oversized lot amplifies the property’s versatility, offering ample space for additional development or outdoor enhancements. The duplex’s strategic placement at the rear of the lot maximizes usability, leaving the front portion primed for future construction or landscaping dreams.
This property stands as a testament to both charm and potential, providing a blank canvas for those who want to expand on its many possibilities. Whether you’re an investor looking to maximize rental income or a homeowner seeking to live in one unit while renting out the other, the options here are virtually limitless. The zoning allows for further development, such as a single-family home or additional rental spaces, ensuring this property remains a standout investment.
Seize this unique opportunity to own a property that combines timeless appeal with modern upgrades, all while offering untapped potential for future growth. Schedule your private showing today and step into a property that truly has it all.
Property Details
Price:
$619,900
MLS #:
TB8324491
Status:
Active
Beds:
3
Baths:
2
Address:
1410 38TH AVENUE N
Type:
Single Family
Subtype:
1/2 Duplex
Subdivision:
HUDSON CITY SUB REV REP
Neighborhood:
33704 – St Pete/Euclid
City:
SAINT PETERSBURG
Listed Date:
Nov 24, 2024
State:
FL
Finished Sq Ft:
1,478
Total Sq Ft:
1,478
ZIP:
33704
Lot Size:
4,887 sqft / 0.11 acres (approx)
Year Built:
1927
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Schools
Elementary School:
John M Sexton Elementary-PN
Middle School:
Meadowlawn Middle-PN
High School:
St. Petersburg High-PN
Interior
Appliances
Dryer, Refrigerator, Washer
Bathrooms
2 Full Bathrooms
Cooling
Wall/ Window Unit(s)
Flooring
Carpet, Tile, Hardwood
Heating
Wall Units / Window Unit
Laundry Features
Common Area
Exterior
Construction Materials
Stucco, Wood Frame
Exterior Features
Lighting, Rain Gutters
Parking Features
Alley Access
Roof
Shingle
Financial
Tax Year
2023
Taxes
$5,958
Map
Community
- Address1410 38TH AVENUE N SAINT PETERSBURG FL
- SubdivisionHUDSON CITY SUB REV REP
- CitySAINT PETERSBURG
- CountyPinellas
- Zip Code33704
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Courtesy of LPT REALTY. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Stellar MLS. Detailed information about real estate listings held by brokerage firms other than Clarence Hasenbeck include the name of the listing broker. Neither the listing company nor Clarence Hasenbeck shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. Stellar MLS. All rights reserved. 1410 38TH AVENUE N
SAINT PETERSBURG, FL
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