4125 GROVE
4, 3, 2,400ft²
MLS#: O6423685
Virtually Staged. Investor Special! Fully updated duplex featuring two identical 4BR/2BA units (1,224 SF each) with excellent cash-flow potential. Each unit is currently listed for rent at $2,995/month, with HUD Fair Market Rent up to $3,195/month, providing immediate upside. Opportunity to achieve a 10%++ cap rate and strong DSCR financing potential. Recent improvements include updated roof, updated kitchens, updated bathrooms, new flooring, new lighting, butcher block countertops, and washer/dryer hookups in each unit, creating a low-maintenance investment with minimal deferred maintenance. Each unit also features a private fenced backyard. Situated on an oversized corner lot just minutes from Downtown St. Petersburg, shopping, dining, major employers, and local colleges—an area with consistently strong rental demand. Ideal for buy-and-hold investors, DSCR buyers, or a 1031 exchange, with immediate income potential and room for future rent growth.
Driving directions : Take Exit 22: While traveling south on I-275, take Exit 22 for I-375 E toward Downtown/The Pier.Merge onto I-375 E: Keep right at the fork to stay on I-375 E.Exit at 4th St N: Take the exit toward 4th St N.Turn right: Turn right onto 4th St N.Turn right: Make another right turn onto 5th Ave N.Turn left: Turn left onto 16th St N.Turn right: Turn right onto 17th Ave S to arrive at your destination on the right.
| Rooms | Dimension | Description |
|---|---|---|
| Primary Bedroom | First level | |
| Bedroom 2 | First level | |
| Bedroom 3 | First level | |
| Bedroom 4 | First level | |
| Primary Bathroom | First level | |
| Bathroom 2 | First level | |
| Living Room | First level | |
| Kitchen | First level |
4, 3, 2,400ft²
MLS#: O6423685
3, 2, 1,650ft²
MLS#: TB8424812
4, 4, 2,093ft²
MLS#: TB8517074
3, 3, 1,884ft²
MLS#: TB8507777