Discover a unique opportunity in the heart of St. Pete's Allendale neighborhood, surrounded by picturesque streets adorned with oak trees. Situated just off 4th Street and a mere 2 miles away from the lively and vibrant downtown St. Petersburg, this property boasts not just one, but two income-producing units. The main home features a spacious 2-bedroom, 1-bathroom layout with a generous kitchen and a bonus room that can easily be transformed into a third bedroom or utilized as an office space. Ideal for hosting gatherings, the home is expansive both indoors and outdoors. An enclosed patio off the bonus room allows residents to unwind and soak in the tranquility of Florida's weather. The separate back unit, with its private entrance, boasts a comfortable living area adorned with vinyl flooring, seamlessly connected to a beautifully remodeled kitchen. The bedroom is generously sized, and the fully renovated bathroom adds a touch of luxury. Both units offer fenced-in backyards, providing the perfect space for furry friends to roam freely. With endless possibilities at your fingertips, this property allows for creative living arrangements – from reducing mortgage expenses by living in one unit and renting out the other, creating an in-law suite, to maintaining existing renters. Located just minutes away from the best that St. Pete has to offer, you're within a stone's throw from downtown's waterfront, world-class restaurants, breweries, bars, the Vinoy Resort, Beach Drive, and shopping on Central Avenue. Walk to Crescent Lake, Fresh Market, Trader Joes, Publix, or take a short bike ride to Coffee Pot Park – everything you need is right at your fingertips. Don't miss out on this incredible opportunity, schedule your showing today!