Property Description

Under contract-accepting backup offers. Charming Bungalow with Income-Producing Garage Apartment in North Kenwood!Discover a rare find in St. Petersburg's prestigious North Kenwood historic district-a beautifully maintained 768 SF main house paired with a spacious 480 SF detached garage apartment. This versatile property is ideal for savvy investors, multi-generational families, or homeowners seeking supplemental income.The main house (2BR/1BA) previously commanded $2,200/month in rent, while the garage apartment (1BR/1BA) achieved $1,500/month-creating a combined monthly income potential of $3,700.This classic bungalow exudes timeless character with its welcoming covered front porch and distinctive arched entryways. Step inside to discover a bright, flowing floor plan featuring updated flooring, a comfortable living room, and a well-equipped kitchen with gas range and dedicated dining area. Two generously sized bedrooms share a thoughtfully updated hall bath with tub/shower combo, modern vanity, and stylish finishes. The main house features a recently installed roof (2025) and water heater (2024), providing peace of mind for years to come.The detached garage apartment offers impressive square footage with a surprisingly large kitchen, full bathroom showcasing charming vintage floor tiles and classic subway tile surround with tub/shower, and abundant natural light. Contemporary flooring updates complement the property's historic appeal while ensuring modern livability. Recent improvements to the garage apartment include a new roof (2023), AC system (2022), and water heater (2024).A 2-car garage with convenient alley access provides excellent parking and storage options for the property.North Kenwood places you minutes from downtown St. Petersburg's vibrant arts scene, acclaimed restaurants, waterfront parks, and major thoroughfares-all while enjoying the charm and character of one of St. Pete's most sought-after historic neighborhoods.This turnkey opportunity combines solid rental history, recent mechanical updates, and an unbeatable location. Whether you're building your investment portfolio or seeking a flexible living arrangement, this property delivers exceptional value in a community known for appreciation and desirability. Don't miss this rare opportunity in one of St. Pete's most desirable historic neighborhoods!

Property Features