2220 7TH STREET S Major Price Reduction – 8.06% Cap Rate on Fully Renovated Duplex! This turnkey duplex in St. Petersburg has received a strategic price reduction and offers immediate cash flow with both units fully leased and producing stable income. The property features two 1-bedroom, 1-bath units completely renovated in 2023 with modern finishes, updated systems, and durable materials, making it a low-maintenance and fully stabilized investment. Financials: Adjusted price $339, 900. Annual gross income of $36, 000 ($3, 000 per month) and a Net Operating Income (NOI) of $28, 200, resulting in an 8.06% cap rate. The property is located in the desirable 33705 ZIP code, just minutes from Downtown St. Petersburg, hospitals, shopping, dining, and Gulf beaches. This area maintains strong rental demand, consistent occupancy, and long-term appreciation potential. A fully renovated, income-producing asset positioned for solid and reliable returns. Easy to show. Schedule your private tour today!