2121 Dr Martin Luther King Jr Street N

St Petersburg, FL 33704

This Crescent Lake Triplex is ready for it's new owner! Whether that's an investor or an owner occupied house hacker looking to minimize their living expenses by collecting rental income, this place has tons of potential. Located in a CCT-1 zoning district and not in a flood zone, this property can be a bed and breakfast, hotel, retail and many other uses. There is also potential to convert the garage into a 4th unit for a value add play. The location on MLK Jr St N allows for a quick ~1.5 mile bike ride, in the bike lane to everything Downtown St Pete has to offer. All 3 units have been cosmetically upgraded within the last 2-3 years to include newly refaced and painted cabinets in Unit A & B, brand new vinyl plank flooring throughout unit's A&B, new appliances, a freshly painted, locally inspired mural in Unit A, HVAC systems in unit's A&B replaced in 2020, new tankless water heater in 2023, updated electrical panels in 2021, brand new stand up washer and dryer in shared laundry area, updated plumbing and electrical fixtures throughout each unit and interior and exterior paint in each unit. All furnishings and decor in Unit A and B are included in the sale. Schedule your showing today!

Listing courtesy of LPT REALTY



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Data last updated at: 2023-09-21 05:15 PM EDT