Welcome to 3022 Dartmouth Ave N, a charming and very unique property nestled in the heart of St. Petersburg's highly desirable Historic Kenwood neighborhood. This block construction residence, built in 1947, offers a blend of historic charm and modern convenience, making it an ideal choice for homeowners and investors alike. This distinctive property sits on an oversized double lot with a single-family home on one side and a detached apartment building on the other side. With a total of seven bedrooms and five bathrooms across multiple units, this property is perfect for Multi Family, Multi-Generational and/or Income Producing property, generating rental income while residing in the main house. The additional units have a history of rental occupancy, providing a steady income stream. The spacious and elegant Main Residence offers 3 bedrooms and 2 baths with 1860 sq ft. of living space. The open floor plan makes it perfect for entertaining. The large kitchen features solid wood cabinets with butcher block counter tops and a large island that separates the kitchen from the dining room. A double-sided fireplace separates the dining area from the main living space, making it perfect for cozy evenings. The three bedrooms offer a split floor plan with each bedroom on opposite corners of the home. The home is being sold fully furnished for Seller convenience. Additional features include stunning Brazilian Cherry hardwood floors throughout; exquisitely renovated bathrooms, both featuring double vanities; front and back screened-in lanais, ideal for morning coffee and relaxation; a large separate laundry room; off-street parking with a spacious driveway; and a large separate fenced-in backyard offering privacy and space for outdoor activities and plenty of room for your pooch to roam or to add a pool. The detached apartment building provides an excellent opportunity for passive income and houses a studio apartment with a nicely updated kitchenette on the back side; a spacious 1 bedroom/1 bath apartment with soaring vaulted ceilings in the front; and a cozy cottage style 2 bedroom/1 bath apartment on the second floor. All three apartments have their own separate outdoor living space and share a spacious laundry room with washer and dryer on the first floor. The property also has a nice size storage shed for lawn maintenance and equipment. This property has been meticulously maintained by its owners. Attention to detail is evident throughout. Additional features include a new roof; newer AC units for the main house and second floor apartment and newer mini split units for the two apartments on the first floor and much more. Situated on a quiet, tree-lined street, this home is within walking distance to local shops, restaurants, and parks in the Grand Central District and the Warehouse Art District. Historic Kenwood is known for its vibrant arts community and historic bungalows, offering a unique and welcoming atmosphere. It is centrally located and only 8 min (less than 3 miles) from thriving DOWNTOWN ST. PETERSBURG and its large assortment of shops, galleries, museums, and its vibrant nightlife. The world-famous Dali Museum, University of South Florida, RAYS Tropicana Field. the St. Pete Yacht Club, and the new pier are just a few of the many destinations the downtown area has to offer. Properties like this one are very few and far between and won’t last long, so don’t delay and call me today for a private showing.
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William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $880,000 | $880,000 | $880,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.620% | 6.735% | 6.806% |
Monthly Tax Payment | $479 | $479 | $479 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,708 | $5,635 | $7,726 |
Total Monthly Payment | $6,312 | $6,239 | $8,330 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.