This is the rare value-add multifamily opportunity you've been looking for! Located just 5 blocks (1/2 mi) south of the planned Tropicana Field Site redevelopment, this triplex is located in an Opportunity Zone and within the South St Pete Community Redevelopment Area. Located on corner lot at 14th St and 9th Ave S just South of Tropicana Field and downtown St Pete's Edge District, and walking distance to Campbell Park Recreation Center, Campbell Park Elementary School, and John Hopkins Middle School. The property features 2/1 and 1/1 apartments in the main building, and an additional 2/1 apartment above the garage. The 2/1 front unit is currently occupied by stable tenants who just renewed their lease for another year (through Feb 2022) at $1095/mo, while the 1/1 middle unit and 2/1 garage unit were kept vacant after recent lease expirations to accommodate the sale of the property and are ready to be turned over and rented by the new owner. Market rent for the 1/1 unit is $900-950/mo, and for the 2/1 garage unit is $950-$1000 (we have listed them in the proforma at $925/mo and $975/mo, respectively). The garage building also features two one-car garage stalls that should generate $100/ea in addition storage/parking income, and there is an existing space in the garage with plumbing where laundry facilities could be easily added, generating additional income. All tenants pay their own electric. There are two water meters (Units 1 & 2 have water/sewer/garbage included, paid by owner, Garage Apt has it's own water meter and pays all utilities - see MLS attachments for more details). Electrical panels have been upgraded. No flood insurance or HOA fees required. Video tours, Survey, P&L, Proforma, Video Tours, 4-point inspection, Appraisal from Apr 2020, and Opportunity Zone info is included in MLS attachments.