2220 17TH ST S St Petersburg, FL 33712

Nestled in the heart of St. Petersburg, this property features two separate units, each currently occupied by excellent Housing Authority tenants. The first unit offers a comfortable 2 bedroom, 1 bath layout ($1700 per month), while the second unit provides an even more spacious 3 bedroom, 1 bath floor plan ($1984 per month). With these already established tenants, you can step right into a steady rental income without the hassle of seeking new occupants. This property boasts recent upgrades that are sure to entice investors looking for a low-maintenance investment. A brand-new roof ensures long-term durability and minimizes future expenses. Both units are equipped with newer central HVAC system, guaranteeing year-round comfort for tenants and reducing potential maintenance issues. Additionally, a new water heater, updated electric panel, freshly painted, new tile, fixtures, cosmetics and cabinets have been installed, enhancing the overall efficiency and reliability of the property. What sets this property apart is its zoning as a single-family home, offering flexibility for investors to explore alternative strategies. Whether you choose to continue leasing to Housing Authority tenants, diversify your portfolio with traditional rentals, or convert the property back to a single-occupant residence, the choice is yours. This versatility provides investors with the potential for future value appreciation and increased returns. Conveniently located near various amenities, schools, and transportation options, this property presents an enticing investment opportunity. Seize this incredible chance to acquire a turnkey investment property with existing tenants in place. The potential for stable income and future growth awaits. Don't miss out on the opportunity to add 2220 17th St. South to your investment portfolio. Contact us to discover the full potential of this remarkable property!