540 12 7th Ave St Petersburg, FL 33701

Listing details for 540 12 7th Ave, St Petersburg, FL 33701 : Under contract-accepting backup offers. Excellent cash flowing or house hacking opportunity under $500k in the popular neighborhood of Uptown. Property is just 3 blocks from Downtown St. Pete and 1 block from the shops and cafes on Uptown's main drag. The property offers a traditional duplex building with one unit downstairs and the second unit upstairs. Each unit is comprised of 2 bedrooms and 1 bathroom. The upstairs unit has a bonus room that could be used as home office or additional living space. The property has a full size shared laundry room with extra storage space. Additional property highlights include major systems updated in 2020, a shared fenced in yard, private parking space for 2 cars, and an abundance of on street parking. Whether you choose to live in one unit and rent the other or lease all units for maximum returns, this property is primed for strong passive income. Professional property management already in place and willing to continue. Located less than 5 minutes from Downtown St. Pete and under 30 minutes to both Downtown Tampa and the Gulf Beaches, this property offers tenants the perfect balance of lifestyle and convenience, ensuring consistent demand and easy leasing.