Property Description

Excellent cash flowing and investment opportunity right on the main drag in St. Pete’s highly desirable Uptown neighborhood, known for its charming brick-lined streets and close proximity to downtown grossing $110,460 / year. This unique offering features six total units across two buildings: a quadplex building and a separate detached building with two units on top of 4 garage bays. The quadplex building is located at the front of the property and has a large 1 bed/1 bath on the first floor with a private yard, a 1 bed/1 bath unit and a 2 bed/1 bath dorm style unit on the second floor. The building also has a 1 bed/1 bath apartment on the first floor with separate access from the side of the building. Behind the quadplex sits the two traditional studio apartments on top of 4 large garage bays. The garage bays can be rented out for additional income or kept for storage space for the owner or tenants. Additional property highlights include large front porches on both structures, parking for 2 cars in front of the garage bays, and ample on-street parking. Whether you choose to live in one unit and rent the rest or lease all six for maximum returns, this property is primed for strong passive income. The building received some updates in 2026, and professional property management is already in place and willing to continue. Located less than 2 blocks 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.