Property Description

THREE HOMES IN ONE BEING SOLD BELOW APPRAISED VALUE! Imagine owning a property where multiple homes work together to help build your future. 116 44th St S offers three separate living spaces on one St. Petersburg property, creating an exciting opportunity for an investor seeking immediate income, a first-time investor ready to begin building a rental portfolio, a seasoned investor looking to add a gem to their portfolio, or a future owner exploring a house-hacking strategy after the existing leases expire. The property includes a remodeled 2-bedroom, 1-bathroom MAIN HOUSE PLUS A DUPLEX with two 1-bedroom residences. Two units are already occupied and producing income. The third residence is also currently leased and producing income. Recent improvements include luxury vinyl plank flooring, white shaker cabinets, quartz countertops, new windows, updated HVAC systems, and a 2023 roof.. Each residence also includes its own in-unit washer and dryer. Whether your goal is to create additional income, expand your investment portfolio, or position yourself for a future live-in investment strategy, this versatile St. Petersburg property offers multiple possibilities in one purchase. Begin building the next chapter of your real estate portfolio with income already in place. Ideally positioned just minutes from downtown St. Petersburg and approximately 15 minutes from the Gulf beaches, offering convenient access to the area’s coastal lifestyle, dining, entertainment, and recreation.