1420 Petronia Street

Description

Rarely available Duplex in Old Town. Located in the Meadows & known as the Artists House! 2 fully licensed, residential units in this highly desirable neighborhood. Solid monthly rental property with stable income 'As- Is'. Downstairs apartment has 2bd/1ba and upstairs is 1bd/1ba. Potential for monthly Airbnb rentals. The Building could also be a fixer upper and renovation required to add square footage or convert to a single-family home with income from another apartment. Good size 2,255 sf. lot is approx. 31' x 74' with back deck & yard with room for pool. There is an existing, unused cistern at rear of property that may help qualify for potential pool setback waivers. At the front of the house is a small yard & white picket fence. Existing one off-street parking space. Also there is an additional 5.29' of frontage x 74' strip of non-deeded land adjoining property on E side that is recorded and surveyed. Good size rear decks for both up and down apartments & screened front porch downstairs. Two Electric, Water and Sewer accounts. Each apartment has W/D hookups. Hurricane storm panels for windows & doors included. Nice residential neighborhood. Petronia St. is a one way street coming into town. Same owner for nearly 20 years. Survey of property & an Elevation Certificate on file.