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Property Description

Incredible Clearwater duplex portfolio opportunity! Two turnkey duplexes, each fully updated with new roofs, AC units, and electrical panels (2019-2021). Separate meters--tenants pay utilities. Combined $5,900/mo income ($70,800/yr) with immediate cash flow and built-in upside by raising MTM rent at Crestmont. No flood insurance required. 4-Point inspections should pass easily. Priced at $818,000 for all 4 units--only ~$205K per door. Solid 6.87% blended cap rate as-is. Prime rental market with high demand and minimal landlord responsibility. Ideal for investors seeking strong returns and low maintenance. Purchase one duplex or both. Must see!

Overview

Property Status
For Sale
Lot Size
6,952 Sq.Ft.
MLS ID
TB8377627
Property Type
Multi-Family
Year Built
1972

Features & Amenities

Neighborhood
Clearwater Dunedin Palm Harbor
Water Source
Public
Utilites
Public
Roof
Shingle
Heat Type
Central
Air Conditioning
Central Air
Sewer
Public Sewer
Substructure
Slab
Other Exterior Features
Private Mailbox
Sales Price
$409,000
Real Estate Tax
$4,238/yr
Zoning
R-4

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5651 CRESTMONT ST

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5651 CRESTMONT ST

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    License #3305270

    (813) 808-6400
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