An incredible opportunity in the heart of Historic Kenwood, this versatile income producing property offers charm, flexibility, and an unbeatable location. Currently configured as two separate units, each with its own private entrance, kitchen, and bathroom, this home is ideal for investors, house hackers, or anyone looking for multi generational living. The lower unit features an inviting studio space with a full bathroom and kitchen. While the upper unit offers a spacious two bedroom, one bath layout, both thoughtfully designed to provide privacy. Both units have their own private entry as well allowing for easy access to each space. Enjoy the peace of mind that comes with flood zone code X. Flood insurance is not required fro this property. Full of character and historic charm, the home has also been thoughtfully updated with major improvements completed in 2024, including a new roof, new insulation, and a new split system, giving peace of mind for years to come. Step outside and you will find even more to love. A private patio space to relax and unwind or an additional detached structure perfect for a home office, studio, gym, or extra storage, tailor it to fit your lifestyle. The property also offers alley access with ample space for parking cars, a boat, or other recreational vehicles. This home is a short walk or bike ride away from Central Avenue and one of the closest neighborhoods to Downtown St. Petersburg, you will enjoy easy access to local dining, shopping, and entertainment while still being tucked into one of the city's most charming historic communities. Opportunities like this are rare in Historic Kenwood. Do not miss your chance because a deal like this will not last long.