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1142 62nd Avenue N
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PRICED AT ONLY: $425,000

Address: 1142 62nd Avenue N, ST PETERSBURG, FL 33702

Description

House Hack Opportunity! Triplex with Value Add ADU & Commercial Zoning. NO HURRICANE DAMAGE! Live in one unit and let the others help pay the mortgage. This triplex features a front BLOCK duplex plus a NEWER detached rear ADU and shed, making it an ideal setup for owner occupants seeking immediate rental income with future value add upside. Zoned CRS 1 commercial, offering rare flexibility and long term potential. Unit 1 is a spacious 2BR/1BA with a mudroom and rear porch, finished with granite countertops, stainless steel appliances, laminate flooring, and a Samsung washer and dryercomfortable, updated, and move in ready. Unit 2 is a mirrored 2BR/1BA floor plan, featuring terrazzo flooring, granite countertops, a private utility room, and rear porchproviding dependable cash flow from day one. The real upside lies in Unit 3, a detached structure separately metered built in 2004 with central AC and a 200 amp electrical panel that just needs to be finished to make this property a CASH COW! Additional highlights include impact rated windows, central AC for all three units, an updated roof, plumbing, and electric. Exceptional opportunity for buyers looking to live well, reduce housing costs, and grow rental income over time.

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  • MLS#: TB8470603 ( Residential Income )
  • Street Address: 1142 62nd Avenue N
  • Viewed: 8
  • Price: $425,000
  • Price sqft: $162
  • Waterfront: No
  • Year Built: 1957
  • Bldg sqft: 2624
  • Bedrooms: 5
  • Total Baths: 3
  • Days On Market: 5
  • Additional Information
  • Geolocation: 27.8281 / -82.6506
  • County: PINELLAS
  • City: ST PETERSBURG
  • Zipcode: 33702
  • Provided by: COMPASS FLORIDA LLC
  • Contact: Zach Steinberger
  • 727-339-7902
  • mfrmls
  • DMCA Notice

Description

House Hack Opportunity! Triplex with Value Add ADU & Commercial Zoning. NO HURRICANE DAMAGE! Live in one unit and let the others help pay the mortgage. This triplex features a front BLOCK duplex plus a NEWER detached rear ADU and shed, making it an ideal setup for owner occupants seeking immediate rental income with future value add upside. Zoned CRS 1 commercial, offering rare flexibility and long term potential. Unit 1 is a spacious 2BR/1BA with a mudroom and rear porch, finished with granite countertops, stainless steel appliances, laminate flooring, and a Samsung washer and dryercomfortable, updated, and move in ready. Unit 2 is a mirrored 2BR/1BA floor plan, featuring terrazzo flooring, granite countertops, a private utility room, and rear porchproviding dependable cash flow from day one. The real upside lies in Unit 3, a detached structure separately metered built in 2004 with central AC and a 200 amp electrical panel that just needs to be finished to make this property a CASH COW! Additional highlights include impact rated windows, central AC for all three units, an updated roof, plumbing, and electric. Exceptional opportunity for buyers looking to live well, reduce housing costs, and grow rental income over time.
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Exterior Features: Lighting, Sidewalk
  • Flooring: Tile
  • Living Area: 2434.00
  • Roof: Shingle
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
Eco-Communities
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Cooling: Central Air
  • Heating: Central, Electric
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Electricity Connected, Public, Sewer Connected, Water Connected
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Tax Year: 2024
Rental Information
  • Tenant Pays: Electricity
Other Features
  • Country: US
  • Interior Features: Ceiling Fans(s), Thermostat, Window Treatments
  • Legal Description: SALINAS EUCLID PARK SUB BLK C, LOT 29
  • Area Major: 33702 - St Pete
  • Parcel Number: 36-30-16-78588-003-0290
Nearby Subdivisions
Baybridge Heights   Glenside Sub   Kelly John Alexbruce Sub   Rio Vista Sec 6   Washington Terrace  
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