Nestled in the highly desirable Old Northeast, this stately historical property, a 1920s Craftsman style two story bungalow, offers a rare opportunity to own a residence that exudes timeless elegance while providing substantial income potential. The main residence, a grand single family home, features three spacious bedrooms, a sun drenched Florida room that could easily be converted into an additional bedroom, and two full bathrooms, all enriched with period details. The impressive wrap around front porch with original Cuban tiles adorned with large Craftsman columns, sets a distinguished tone upon arrival, capturing the essence of the homes heritage. Step inside, and you'll be transported to an era of refined craftsmanship. Gleaming heart pine hardwood floors stretch throughout, while the dining room is crowned with coffered ceilings and accented by custom built ins that speak to the homes storied past. A wide, open staircase gracefully connects the living spaces, and large windows flood every room with natural light, creating a bright and airy ambiance. The kitchen blends historical charm with modern conveniences, featuring granite countertops, towering cabinetry, a gas cooktop, a built in oven with a warming drawer, recessed lighting, and a walk in pantrya space both functional and elegant. This propertys allure extends beyond the primary residence, offering significant income producing potential. The two additional units include a charming one bedroom, one bath apartment on the ground floor, featuring a newly constructed Florida room with impact windows, a private entrance, and a spacious upstairs studio with a sunny porch and lots of natural light. These units provide exceptional opportunities for generating rental income, serving as guest quarters, or even functioning as a private home office. Additionally, the property includes a two car garage that could easily be converted into another accessory dwelling unit (ADU), further boosting the income potential. Both units benefit from ample off street parking and garage space, ensuring convenience for residents and guests alike. Situated on a desirable corner lot with picturesque brick streets, the property features a serene private patio surrounded by mature trees, creating a peaceful retreat in the heart of the city. The location is unrivaledjust a leisurely stroll(2 blocks) to the picturesque waterfront or a short bike ride to downtown St. Petersburg, home to fine dining, vibrant shops, world class museums, and the iconic St. Pete Pier. With North Shore Aquatic Center nearby and easy access to I 275, Tampa International Airport is a convenient 25 minute drive, and the pristine beaches of Floridas west coast are equally close. This magnificent 1920s Craftsman style two story bungalow seamlessly combines stately historical grandeur with modern day amenities and income generating versatility, making it a truly rare gem in one of the most sought after neighborhoods in St. Petersburg, with endless possibilities.