Under contract-accepting backup offers. TWO HOUSES FOR THE PRICE OF ONE! Discover an exceptional investment and lifestyle opportunity at 1511 35th Ave N in desirable North St. Petersburg. This unique property features two homes on one lot, offering versatility for investors, owner-occupants, multi-generational living, or buyers seeking supplemental rental income. With both residences in great overall condition and thoughtfully updated, this is a rare chance to own a truly flexible property in one of St. Pete's most convenient locations. The front home (2BD/1BR) is currently leased for $2,050 per month on a 12-month lease, providing immediate income from day one. Recent improvements include A BRAND-NEW HVAC SYSTEM, adding value and peace of mind for the next owner. Inside, both the kitchen and bathroom have been tastefully renovated, creating an attractive and modern living environment that appeals to tenants and homeowners alike. Positioned toward the rear of the property is a detached accessory dwelling unit (ADU), offering even more possibilities. The ADU (1BD/1BR) features its own renovated kitchen and bathroom along with a functional and well-maintained interior. On the first floor, you'll find a spacious garage area complete with laundry facilities, providing additional convenience, storage, and utility. Whether used as a second rental opportunity, guest quarters, private workspace, or personal residence, this additional living space significantly enhances the property's value and flexibility. Location is another major highlight. Situated in North St. Petersburg, residents enjoy quick access to everything the Tampa Bay area has to offer. Downtown St. Petersburg and Tampa are both approximately 15 minutes away, making commuting, dining, entertainment, and nightlife easily accessible. The award-winning Gulf beaches are only about 20 minutes away, allowing you to enjoy white sand beaches and waterfront living without sacrificing city convenience. Income-producing properties with updated interiors, an ADU, and a prime central location are increasingly difficult to find. Whether you're looking to expand your investment portfolio or secure a property with built-in income potential, 1511 35th Ave N presents a compelling opportunity you won't want to miss. ROOF AGES ARE 2021 & 2020. CALL TODAY!