Property Description

Under contract-accepting backup offers. Investment opportunity with income already in place! Welcome to 5101 12th Ave N in St. Petersburg, featuring a spacious 5-bedroom, 2.5-bath main residence plus a separate 3-bedroom, 2-bath ADU—offering a total of 8 bedrooms and 4.5 bathrooms across two residences. This property is an ideal addition to an investor’s portfolio, offering immediate rental income without the hassle of starting from scratch. The main house is currently tenant-occupied, with tenants planning to renew for another year, providing continued stability and cash flow. The ADU is also tenant-occupied on a month-to-month basis, giving the next owner added flexibility for future rental strategy. With two separate living spaces and tenants already in place, this property offers a unique opportunity for investors looking to generate income from day one. Conveniently located in St. Petersburg with easy access to shopping, dining, Downtown St. Pete, and surrounding Tampa Bay destinations. Whether you're looking to expand your rental portfolio or secure a multi-unit income-producing property, 5101 12th Ave N is an opportunity worth exploring.