Description
Substantial price reduction from motivated seller. One-of-a-kind investment income producing property. This property offers 3 detached buildings with a total of 4 units, consisting of 2 - 1/1 units in one building, a 2/1 detached building, and a 3/1 detached building. Plenty of parking for all tenants off the street. Located just minutes to downtown Clearwater, Belleair and the beaches hospital and shopping. The 2 - 1/1 units have been completely remodeled, the 2/1 is going through a complete remodeling. and the 3/1 is in good condition. One of the units currently leased under market rent but could increase rent when lease expires in April, and 2 units are month to month. This property has a high rental income potential once rental prices are adjusted to market rent. There is plenty of value-add to this property making it more appealing to the future owners. CAP RATE of 6.5%, call today to schedule your showing before it is gone.
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7BEDS
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0.25ACRES
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0BATHS
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01/2 BATHS
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2,425SQFT
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$278$/SQFT
School Information
Description
Substantial price reduction from motivated seller. One-of-a-kind investment income producing property. This property offers 3 detached buildings with a total of 4 units, consisting of 2 - 1/1 units in one building, a 2/1 detached building, and a 3/1 detached building. Plenty of parking for all tenants off the street. Located just minutes to downtown Clearwater, Belleair and the beaches hospital and shopping. The 2 - 1/1 units have been completely remodeled, the 2/1 is going through a complete remodeling. and the 3/1 is in good condition. One of the units currently leased under market rent but could increase rent when lease expires in April, and 2 units are month to month. This property has a high rental income potential once rental prices are adjusted to market rent. There is plenty of value-add to this property making it more appealing to the future owners. CAP RATE of 6.5%, call today to schedule your showing before it is gone.
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