Property Description
Exceptional opportunity to own a well-maintained, income-producing duplex in a prime rental market. Features include a 2019 roof and AC, along with a new electrical panel (2021). Separate electric meters--tenants pay their own utilities--keeping landlord involvement minimal.
Currently generating $2,900/month ($34,800/year) in rental income, with value-add potential by increasing below-market, month-to-month rents.
No flood insurance required. Priced at approximately $192,500K a door with a solid 7% cap rate as-is. Ideal for investors seeking low maintenance and steady cash flow.
Don't miss this must-see investment!
Currently generating $2,900/month ($34,800/year) in rental income, with value-add potential by increasing below-market, month-to-month rents.
No flood insurance required. Priced at approximately $192,500K a door with a solid 7% cap rate as-is. Ideal for investors seeking low maintenance and steady cash flow.
Don't miss this must-see investment!
Overview
Property Type
Multi-family
Location
5651 CRESTMONT ST, CLEARWATER, FL 33760
Zoning
R-4
MLS ID
TB8377627
Listing Last Updated
Property Features & Amenities
Interior
Total Bedrooms
4
Total Baths
2
Other Interior Features
Window Treatments
Exterior
Water Source
Public
Utilities
Public
Roof
Shingle
Heat Type
Central
Air Conditioning
Central Air
Sewer
Public Sewer
Substructure
Slab
Other Exterior Features
Private Mailbox
Details
Total Area
1,687 Sq.Ft.
Financial
Price
$385,000
Real Estate Tax
$4,238/yr