Property Description

Under contract-accepting backup offers. **TURNKEY DUPLEX – CASH-FLOWING INVESTMENT IN PRIME ST. PETE LOCATION!** Investor special! — This is a rare opportunity to own a high-yielding, turn-key duplex in the heart of South St. Petersburg, just minutes from downtown. Strong cash flows, and no storm or flood damage from last year, this property checks every box. Each unit is separately metered, well-maintained, and positioned for long-term rental success. Whether you’re looking to expand your portfolio or kickstart your real estate investing journey, this property delivers immediate upside and long-term potential. Unit A (Upstairs) is a vacant, 3 bedroom and 1 bathroom unit. Unit B (Downstairs) is a 2 bedroom and 1 bathroom unit. Unit B is currently rented. Both units share a hot water heater. Pro Forma Financials (Fully Rented) Monthly Gross Income: ~$3,750 Annual Gross Income: ~$45,000

Features

Heating System:: Electric
Cooling System:: Central Air
Patio:: Front Porch
Exterior Features:: Private Mailbox, Awning(s)
Interior Features:: Ceiling Fans(s), Thermostat, Walk-In Closet(s)
Laundry Features:: None
Sewer:: Public Sewer
Utilities:: Electricity Available

Appliances

Appliances:: Electric Water Heater

Address Map

Country:: US
State:: FL
County:: Pinellas
City:: St Petersburg
Subdivision:: DISTRICT FLA CORP SUB 1
Zipcode:: 33701
Street:: PARIS
Street Number:: 827
Street Suffix:: AVENUE
Longitude:: W83° 21' 18.1''
Latitude:: N27° 45' 15.4''
Directions:: Take I-275 South and get off on exit 22 for I-175. Make a right on Martin Luther King Boulevard South. Make a left on Paris Avenue South. Property will be on the left hand side of the street.
Mls Area Major:: 33701 - St Pete
Street Dir Suffix:: S