147 42ND AVENUE NEST PETERSBURG, FL 33703




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$2,687100% Occupied – Exceptional Cash Flow & Investment Potential with Minimal Maintenance! This is a rare opportunity to acquire two concrete block homes for the price of one, offering excellent income potential with virtually no upkeep. Recently updated and well-maintained, this property consists of three fully rented units, making it the perfect addition to your investment portfolio. Whether you're interested in mid, or long-term rentals, this property has it all. Alternatively, live in one unit and rent out the others to generate passive income. Property Features: MAIN HOUSE: A charming 2-bedroom, 1-bathroom home offering spacious living and dining areas. Both bedrooms include walk-in closets, and the home boasts a private laundry room for added convenience. MOTHER-IN-LAW SUITE: A beautifully furnished 1-bedroom, 1-bathroom unit, complete with a private patio with hot tub, artificial turf, storage space, and its own laundry area. LUXURY GARAGE/STORAGE: A high-end, fully remodeled, and furnished garage that features a kitchenette, bathroom, workshop area, and generous storage options. This versatile space adds both functionality and value. The property’s design emphasizes low-maintenance living, with all units recently updated to ensure durability and minimal upkeep. Located in a desirable neighborhood with easy access to everything you need, you’ll enjoy the convenience of being just one block away from a scenic bike path leading straight to Downtown St. Petersburg. A quick 5-minute walk brings you to Publix, Whole Foods, and a variety of local amenities. Best of all, your additional income from the mother-in-law suite and garage will comfortably offset your mortgage payments, ensuring that this property is not only a great place to live but also a smart financial investment.
5 days ago | Listing updated with changes from the MLS® | |
5 days ago | Status changed to Active | |
2 weeks ago | Listing first seen on site |

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Last checked: 2025-03-12 07:10 AM EDT
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