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This multi-family investment property is a turn-key complex featuring 6 concrete block buildings with a total of 12 units in a residential neighborhood nestled between Downtown Clearwater and Dunedin. Located just two blocks from the popular Pinellas Trail, and only a short ferry commute to Clearwater’s world-class beaches, this immaculately maintained property has a solid return at approximately 8.2 % APY and is ready for a new owner who is looking for immediate financial returns as well as long term appreciation. Each of the 6 duplex buildings measures 1,152 square feet and feature clean units with 2 bedrooms and 1 bathroom. Each of the 12 living units are separately metered for electric and water consumption, adding to the overall ease of management.No HOA
Est. Rehab: $5,000
Est. Rent: $10,200
Est. ARV: $1,200,000
- Address: Vine Ave., Clearwater, FL 33755
- Price: $1,095,000
- Availability: Sold
- Listing Type: Multi-Family
- Bedrooms: 24
- Bathrooms: 12
- Total Square Feet: 6912
- Construction Type: Block
- Year Built: 1962