Property
Beds
4
Full Baths
None
1/2 Baths
None
Year Built
1925
Sq.Footage
1,448
Investors, this is your cash cow! Two-Unit Income Property: 1925 Bungalow + Detached 1BR, Tenant in Place, Major Systems Updated Turnkey two-unit investment with income from day one. This property pairs a 3-bedroom, 1-bath 1925 bungalow with a detached 1-bedroom apartment, giving you two separate rentable units on one lot, in one closing. The capital expenditures are largely done. Within the past two years, the main house received a new roof, new A/C, a new water heater, and several new windows. The back unit has all-new windows and brand-new central heat and air. Updated systems mean lower near-term maintenance costs and fewer surprises in your first years of ownership. The detached unit is currently rented on a month-to-month basis, providing immediate cash flow with the flexibility to keep the existing tenant or reposition the unit. The main house will be available for a new tenant on November 1, so you can set your own lease terms and rent. Each unit has its own dedicated parking, which helps with tenant appeal and retention. The rent numbers support strong returns. FY2026 HUD Fair Market Rents for this property are $2,900 for the 3-bedroom and $1,950 for the 1-bedroom, a combined $4,850 per month in potential gross rent. Don't miss out on adding this money maker to your portfolio..
Features & Amenities
Interior
-
Total Bedrooms
4
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Central Air
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Electric
-
Pet friendly
Yes
Exterior
-
Garage
No
-
Construction Materials
Frame
-
Other Exterior Features
Other
-
Parking
Driveway
-
Patio and Porch Features
Front Porch
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.11
-
Lot Size(square feet)
5,040
-
Property Type
Residential Income
-
Property Sub Type
Duplex
Price
-
Sales Price
$399,000
-
Tax Amount
$5,458
-
Financing Options
Cash, Conventional
-
Sq. Footage
1,448
-
Price/SqFt
$275
HOA
-
Association
No
School District
-
Elementary School
Bear Creek Elementary-PN
-
Middle School
Azalea Middle-PN
-
High School
Boca Ciega High-PN
Property Features
-
New Construction
NO
-
Ownership
Fee Simple
-
Senior Community YN
NO
-
Sewer
Public Sewer
-
Tax Lot
33
-
Water Source
Public
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Location
County
Pinellas
Elementary School
Bear Creek Elementary-PN
Middle School
Azalea Middle-PN
High School
Boca Ciega High-PN
Listing Courtesy of Matt Kreger, KELLER WILLIAMS ST PETE REALTY
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