828 GROVE STREET N ST PETERSBURG FL 33701 MLS #U8244666 | Gary Kusher | Florida Real Estate

Under contract-accepting backup offers. Have you been looking for the perfect investment in the perfect location? Look no further than this multi-family home in charming historic uptown near downtown St. Pete. This triplex offers a world of opportunity to its next owner. There is so much potential to capitalize on improvements and attract your dream tenants to this unique property. Inside you’ll find three units, with 2/1, 1/1 and studio floor plans and enough parking for six cars with alley access. Sitting on a large lot along the charming brick streets in historic uptown, this property could not be in a better location. Walkable to lots of shops and restaurants along 4th Street, like community staple Fourth Street Shrimp Store, there is even a charming park nearby with a few new local favorites such as Flatbread and Butter and the Bier Boutique. The Historic Round Lake Park is the perfect spot to relax. Given the prime location, this property could also be a good fit for a new multi-family build, or your next dream custom home build. Check with the city of St. Pete for zoning variance information. This neighborhood is already zoned for accessory dwelling units and with the large backyard and alley access, there is plenty of room to add on for a garage apartment or in-law suite. Electricity is separately metered. Rents are below market value due to long-term tenants and interior updates needed. Please do not disturb tenants. Contact us for more information. Don’t miss your opportunity to make this unique property your next investment!