$459,000
Description
MULTIPLE OFFERS have been received on this Property. Seller has requested each Buyer to submit his/her "highest and best" offer with current proof of funds by Saturday, April 1st, by 4pm. Clearwater PROFITABLE, INCOME PROPERTY DUPLEX, a Great Rental Investment or Redevelopment opportunity is on a HALF ACRE level, buildable lot, ZONED FOR 10 UNITS is now for sale! Block construction, over 1800 sq ft heated on a 125’ x 185’ lot, with land use is multi-family, 10 units or less. Desirable location off of Cleveland St, in the Gateway Development. This duplex offers a green, landscaped, fenced in yard with plenty of space to grill and chill. An ABUNDANCE of parking in the front and back and covered parking. Very walkable area, everything is close by & public transportation is also nearby. Room to store a boat or an RV. There is a 2 bed 2 bath unit currently vacant and 1 bed 1 bath unit tenant occupied. Consistent Rental Income: $17K a year. Tenants pay for electric, water & cable. At the end of the street is Clearwater Country Club and a few blocks in the other direction is the newly developed urban Cleveland St/downtown Clearwater with lots of shops, eateries/food trucks, monthly activities, entertainment, Coachman Park & the Pinellas Trail. Medical and legal professionals also have a quick commute to hospital, clinics & law office on Ft Harrison Ave. Minutes away, is the sugar sand of Clearwater Beach and in the other direction is Gulf to Bay /Rt 60 ideal for commuting. This quiet duplex has been well maintained, fully rented, includes a fenced yard, 2 Separate Meters for water & electric, the shared laundry utility room has hookup for tenant owned washer & dryer and shelving storage. An added Bonus is the LARGE STORAGE BUILDING is 16x26, with a new roof installed 2020 offering the owner to store endless items, tool, furniture and more. Note this investment property with increased financial potential has the option to over double, triple the amount of units on this property with a 1/2-acre lot in Clearwater, currently very rare to find. Updates include: Unit 105: A/C 2019, HWH 2020, Unit 107: HWH 2019 and stove, toilet, fresh paint 2023. Another Plus: There is a vacant Clearwater Library parking lot next door. One Bedroom Unit located on the left is TENANT OCCUPIED, PLEASE Do Not Disturb.
Listed by John Noell, .
Property Highlights
- Property Type: Multi Family, Duplex
- MLS #: U8191582
Room Information
| Furnished | Unfurnished |
Property Features
| Interior Square Footage | 1,833 |
| Lot Size Acres | 0.53 |
| Lot Size Square Feet | 23,122 |
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