Single-family or multi-family opportunity with income potential, located outside the flood zone. This well-loved home exudes warmth and charm and has been maintained inside and out. Situated on a deep 60 x 129 lot, this flexible floor plan is ideal for a single person, couple, or family. The downstairs features two bedrooms and two baths, while the second floor offers an ideal primary or guest suite with an adjoining sitting room, kitchenette, walk-in closet, and full bath. The upstairs suite can be accessed through a downstairs bedroom or via its own private exterior entrance. The warm and inviting living room boasts a wood-burning fireplace, vaulted beam ceilings, and hardwood floors and opens to the dining area and kitchen. The updated kitchen features wood cabinets, granite countertops, a gas range, and stainless appliances. Entertain with ease on one of three patios including a welcoming front patio with pergola while the side and rear patios offer space to relax and unwind in the spacious backyard, complete with a gazebo and room for a pool. The garage features two bays, including one attached and climate-controlled ideal as a multipurpose room or for parking, making bringing in groceries a breeze. The second bay currently accommodates a small golf cart and additional storage or could be modified to accommodate a car. There is additional parking on the three-car parking pad off the alley, a rarity in the neighborhood. Professional landscaping, lighting, and period paint colors enhance the outdoor space. Enjoy easy access to 1st Street for biking downtown along the bike path or an easy walk to restaurants on 4th Street. Schedule a private showing today to see this well-maintained property in the desirable Old Northeast neighborhood, just minutes from vibrant downtown St. Petersburg.