Commercial property in Saint Petersburg, Florida 4 bedrooms, 118.45 sq.m. № 2443531

Property description

Investor / Owner-Occupant Opportunity: Updated Duplex at 2318 & 2320 7th St S, St. Petersburg, FL 33705. Solid two-unit duplex featuring two 2-bed/1-bath units. One unit (2318 7th St S) is currently occupied by a Section 8 tenant at $1,745/month; the second unit (2320 7th St S) is vacant and ready for occupancy. Key systems updated within the last 5 years include roof, central AC, and water heater. Cosmetically refreshed with new tile flooring, interior and exterior paint, cabinets, and fixtures for low-maintenance appeal. Excellent for an investor seeking immediate cash flow or an owner-occupant looking to offset housing costs by renting the second unit. St. Petersburg Housing Authority payment standards for a 2-bedroom unit in the 33705 ZIP code are currently $2,020, offering strong upside potential on the vacant unit. Convenient St. Petersburg location with solid rental demand. Buyer to verify all information, including lease terms, income, condition, and payment standards.