4530 DR MARTIN LUTHER KING JR STREET N

Own a large piece of Paradise in St Petersburg Florida. This duplex is situated on a large corner lot at Melrose and Dr. MLK Jr. North in St Petersburg. One large lot with a duplex which has a 1 bedroom and an efficiency as well as detached garage. Efficiency has a large living room that is sectioned out the tenant has created a bedroom/living combo a full kitchen and bathroom. 1 bedroom has an eat-in kitchen, living room bedroom and bathroom. This unit also has its own fenced in side yard for grilling and entertaining. The seller was told it was 'grandfathered' as multi-family and if they ever changed it to single family it could not go back to multi-family Also they were advised that that address could be changed from MLK St. N to Montrose Ave. For investors... rents don't meet the 10% rule however that was a decision of the owners as one tenant takes care of the lawn, trees and lighting for the owner so his rent has remained the same. Tenants are willing to adjust to new rates if they can stay. Roof has recently been inspected. Lifespan of the roof is about 7 to 10 years. Report is attached to this listing. Bring Offers!!! *** All measurements and parcel division questions to be confirmed by buyer and or buyers agent