Investor opportunity in the heart of Northeast St. Petersburg! This triplex at 1204 38th Ave N offers strong income potential with a versatile layout and future upside. The standout feature is the spacious upstairs 2 bedroom unit boasting cathedral ceilings, creating an open, airy feel thats highly desirable for tenants or owner occupants alike. Situated on a large lot, the property presents a rare opportunity for expansionexplore the potential to add additional units or enhance outdoor living spaces (buyer to verify zoning and development possibilities). Whether youre looking to generate immediate rental income, live in one unit while renting the others, or maximize value through redevelopment, this property checks multiple boxes. Located in a high demand area of St. Petersburg, close to downtown, shopping, dining, and major roadways, this is a prime addition to any real estate portfolio.