1027 16TH AVE S St Petersburg, FL 33705

The 16th Ave S Triplex recent $30,000 Price reduction, from $199,000 to $169,000, considers the Buyer's anticipated capital expenditures to address deferred maintenance and update functional obsolescence. The Property is located in St. Petersburg's Historic Roser Park, roughly one-half block west of Dr. Martin Luther King Jr. Street. Living here means your tenants are minutes from St. Petersburg's lively downtown scene with its array of top-rated bars, restaurants, and entertainment venues, as well as a multitude of popular retailers and employment destinations, all of which is accessible by way of public transportation, or short driving distance by car. St. Petersburg is experiencing a new “Golden Age” with a vibrant downtown revitalization that is creating exciting lifestyles. St. Petersburg is home to seven museums and more than two dozen galleries. The City's abundance of community pride is evident by the significant investment residents are taking to restore the city's historic neighborhoods. Each Triplex unit has two-bedrooms and one full-bath. The main house is comprised of two apartments, the third apartment is situated on the second floor of the detached two-car garage, the ground floor of which provides an additional storage amenity for tenants. The Property has a history of maintaining high occupancy. All financial data is presented for information purposes only, and though obtained from sources believed to be reliable is not guaranteed. Independent legal and financial counsel is advised.