147 42ND AVENUE NE, ST PETERSBURG FL 33703

$589,000

147 42ND AVENUE NE, ST PETERSBURG, FL 33703

bedrooms

bathrooms

square feet

1,814

Acreage

0.17

Open Houses

year built

1950

Full Baths

Half Baths

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100% Occupied – Exceptional Cash Flow & Investment Potential with Minimal Maintenance! This is a rare opportunity to acquire two concrete block homes for the price of one, offering excellent income potential with virtually no upkeep. Recently updated and well-maintained, this property consists of three fully rented units, making it the perfect addition to your investment portfolio. Whether you're interested in mid, or long-term rentals, this property has it all. Alternatively, live in one unit and rent out the others to generate passive income. Property Features: MAIN HOUSE: A charming 2-bedroom, 1-bathroom home offering spacious living and dining areas. Both bedrooms include walk-in closets, and the home boasts a private laundry room for added convenience. MOTHER-IN-LAW SUITE: A beautifully furnished 1-bedroom, 1-bathroom unit, complete with a private patio with hot tub, artificial turf, storage space, and its own laundry area. LUXURY GARAGE/STORAGE: A high-end, fully remodeled, and furnished garage that features a kitchenette, bathroom, workshop area, and generous storage options. This versatile space adds both functionality and value. The property’s design emphasizes low-maintenance living, with all units recently updated to ensure durability and minimal upkeep. Located in a desirable neighborhood with easy access to everything you need, you’ll enjoy the convenience of being just one block away from a scenic bike path leading straight to Downtown St. Petersburg. A quick 5-minute walk brings you to Publix, Whole Foods, and a variety of local amenities. Best of all, your additional income from the mother-in-law suite and garage will comfortably offset your mortgage payments, ensuring that this property is not only a great place to live but also a smart financial investment.

Location
Subdivision	SNELL GARDENS SUB
County	Pinellas
Elementary School	North Shore Elementary-PN
Middle School	Meadowlawn Middle-PN
High School	Northeast High-PN

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Open houses

None scheduled.

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MLS number: TB8354617

Listing agent: Magdalena Chytra #3591052

Listing broker: Dalton Wade, Inc. (727) 888-4175

Last update: Sunday, March 9 2025 at 8:37 p.m. EDT

Kotohomes National