101 W LEMON ST Tarpon Springs, FL 34689

Investor special!!! NOT a distress sale, short sale or bank owned! This very unique historic downtown Tarpon Springs property sits on nearly a quarter acre, double corner lot and is zoned multi family with 3 units currently and potential to convert back to 4 units or even 5 with a large attic space. Located walking distance to downtown Tarpon Springs, Pinellas Trail, the Bayou and Craig Park. Minutes to the world famous Tarpon Springs sponge docks, dog park, splash park, and Innisbrook Golf Resort where the Valspar golf tournament is held annually. There's tons of potential - Air bnb, traditional rentals, build on the 2nd half of the double lot, tear down and rebuild completely... the possibilities are nearly endless. The property needs some rehab and 1 unit needs fully rehabbed. The property does have a brand new roof, hot water heaters and a few other improvements. The upper unit was converted from 2 units into 1 unit and currently has 2 bedrooms and 2 bathrooms. The lower north unit has 2 bedrooms and 1 bathroom with a sun room. The lower south unit needs full rehab and currently has 1 large bedroom converted from 2 and 1 bathroom. 2 units are currently owner occupied. This property will not last long at this price!