Description: Under contract-accepting backup offers. Come check out this cash flowing duplex in a quiet pocket of S. St. Petersburg! Great income property for new investors or seasoned investors alike. This rental property is turn-key and the downstairs unit is unoccupied and ready for an owner occupant or new tenants at market rent! Upstairs is currently rented at $1495/mo (+$25/mo for laundry) and was just renewed until April 2025. Laundry is in a shared space in an outdoor shed. Water is on a single meter and can be split between tenants, but there are separate electric meters and tenants pay electric. This home got a letter from the mortgage company showing changes to the FEMA flood zone and does NOT require flood insurance.