Active

$1,595,000

Features:
  • 5 Bedrooms
  • 6 Bathrooms
  • 3857 sq ft
Overview
  • ID: MFRTB8505268
  • Bedrooms: 5
  • Bathrooms: 6
  • Size: 3857 sq ft
Property Details
Remarks
Located in the highly sought-after Allendale neighborhood of St. Petersburg, this exceptional four-unit multi-family property offers a rare investment opportunity just steps from The Fresh Market and The Body Electric Yoga Company. The property features a versatile mix of updated units with strong income potential, off-street parking, private outdoor spaces, and major capital improvements already completed. Unit 1 is a renovated 2-bedroom, 1-bath single-family-style residence featuring a large fully fenced side yard, off-street parking pad, updated kitchen and bath, living and dining rooms, stainless steel appliances, quartz countertops, tile flooring, new AC, and fresh interior/exterior paint. Separately metered with shared laundry and option to add in-unit laundry. Unit 2 is a spacious two-story townhouse-style unit offering 2 bedrooms, 2.5 baths, plus a large bonus room that could function as a third bedroom. Features include updated kitchen and baths, indoor laundry, additional garage laundry hookup, attached 2-car garage with private side street entrance, oversized driveway, storage shed, and large fenced yard. Finished with stainless steel appliances, quartz countertops, vinyl flooring, new AC, and fresh interior/exterior paint. Separately metered. Unit 3 is a 1-bedroom efficiency/studio unit with dedicated living space, tile flooring throughout, one off-street parking space, and shared patio area. Kitchen and bath are functional with opportunity for future updates. Wall unit AC. Ideal setup for traveling nurse, short-term rental, or supplemental income opportunity. Includes access to on-site coin-operated laundry. Electric is shared with Unit 2. Unit 4, known as the “Treehouse,” is a charming 1-bedroom, 1-bath upstairs unit with private living space and stair access. Features include updated kitchen and bath, stainless steel appliances, quartz countertops, refinished hardwood flooring, tile in wet areas, two new mini-split AC systems, and two dedicated off-street parking spaces. Separately metered with access to on-site coin-operated laundry. Additional improvements include a brand-new roof, new AC systems, new fencing, fresh interior and exterior paint throughout, brand-new sod, and irrigation system. Tenant-paid utilities help minimize owner expenses. A turnkey opportunity in one of St. Pete’s most desirable neighborhoods with excellent flexibility for long-term, short-term, or owner-occupant investment strategies.
Financial Considerations
Price:
$1,595,000
HOA Fee:
N/A
Tax Amount:
$13396.21
Price per SqFt:
$413.53
Tax Legal Description:
BARNARD'S SUB, D. E. BLK 2, LOTS 1 AND 2
Exterior Features
Lot Size:
12402
Lot Features:
Corner Lot, City Limits, Sidewalk
Waterfront:
No
Parking Spaces:
N/A
Parking:
Common, Driveway, Garage Door Opener, Garage Faces Side, Off Street, On Street, Open
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
5
Bathrooms:
6
Heating:
Central
Cooling:
Central Air, Mini-Split Unit(s)
Appliances:
Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator
Furnished:
No
Floor:
Ceramic Tile, Laminate
Levels:
N/A
Additional Features
Property Sub Type:
Triplex
Style:
N/A
Year Built:
1950
Construction Type:
Block, Frame, Wood Siding
Garage Spaces:
Yes
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
Yes
Special Condition:
None
Additional Features:
Private Entrance, Private Yard, Sidewalk
Additional Features 2:
Check with City of St. Pete.
Map
  • Address
    3030 5TH ST N
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