850 22ND AVENUE N ST PETERSBURG FL 33704 | MLS #TB8530242

Under contract-accepting backup offers. Prime Investment Opportunity Near Crescent Lake Park! Discover the income-producing potential of this duplex in one of St. Petersburg’s most desirable neighborhoods! Ideally located just around the corner from the beautiful Crescent Lake Park, this property offers excellent investment potential with the flexibility to lease both units, live in one while renting the other, or add a valuable asset to your real estate portfolio. The property features two 1-bedroom, 1-bathroom units, each with its own character and appeal. Both units showcase beautiful hardwood floors and feature spacious bedrooms, updated bathrooms with walk-in showers, and comfortable living spaces that attract long-term tenants. A covered front porch adds to the home’s charm and provides a functional outdoor space for residents. For added convenience, there is also a shared on-site laundry area. Another standout feature is the ample off-street parking, with space for up to four vehicles on attractive paver parking accessible from the rear alley—an exceptional amenity in this sought-after neighborhood. Each unit is equipped with its own separate electric meter, while the duplex is serviced by one shared water meter. Just one block away, Crescent Lake Park offers tennis and pickleball courts, a dog park, playgrounds, walking trails, and expansive green space for recreation and relaxation. Downtown St. Petersburg is only minutes away, where you’ll find award-winning restaurants, coffee shops, museums, waterfront parks, shopping, and vibrant nightlife. The Gulf beaches, I-275, and the Gandy Bridge are all within easy reach, providing convenient access throughout the Tampa Bay area. Whether you’re an investor seeking strong rental potential, a buyer looking to offset your mortgage by renting one unit, or someone searching for a property in one of St. Petersburg’s most desirable locations, this duplex offers an exceptional opportunity with long-term value and unlimited possibilities. Schedule your showing today.