535 12th Avenue Northeast

St. Petersburg FL 33701

5160 sq. ft.

7675 sq. ft.

Single-Family

Currently for sale - view listing

Overview

Situated in the historic Old Northeast neighborhood, this property exudes the energy of downtown living and offers the ideal LIVE and EARN opportunity. The main residence is a spacious, 2000 square-foot, 3 bed, 2 bath home. This unit provides an expansive layout with ample living space: a living room and family room with a fireplace, and a dining area plus a bonus space that can be an additional bedroom or an office. The heart of this unit is the updated kitchen with lots of storage and counterspace. Enjoy the convenience of a two-car garage, a coveted feature in the heart of the city as well as a private fenced courtyard. But the real advantage is upstairs, there are three separate apartments, allowing you to generate substantial rental income and cover your mortgage or provides versatile multi-generational living options. The front upstairs unit has 2 beds/1 bath and has been updated, the other units are both 1 bed/1 bath. Additionally, a private laundry area is available with coin operated machines as well. There is covered parking in the alley for the apartments and plenty of street parking for residents or guests. Located in a NON-FLOOD ZONE, just blocks from the water and downtown, you can experience the eclectic mix of shops, restaurants, and cultural attractions that define the areal. Don't miss the opportunity to own this income property that lets you live the downtown St. Pete lifestyle while smartly managing your finances. It's the perfect blend of urban living and income potential.