$452,000
$459,000
1.5%For more information regarding the value of a property, please contact us for a free consultation.
1,833 SqFt
SOLD DATE : 05/01/2023
Key Details
Sold Price $452,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,833 sqft
Price per Sqft $246
Subdivision Brookwood Terrace Rev
MLS Listing ID U8191582
Sold Date 05/01/23
Construction Status Inspections
HOA Y/N No
Originating Board Stellar MLS
Year Built 1957
Annual Tax Amount $4,817
Lot Size 0.530 Acres
Acres 0.53
Property 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.
Location
State FL
County Pinellas
Community Brookwood Terrace Rev
Interior
Interior Features Ceiling Fans(s), Thermostat
Heating Central
Cooling Central Air
Flooring Terrazzo
Furnishings Unfurnished
Fireplace false
Appliance Range, Refrigerator
Laundry Laundry Room
Exterior
Exterior Feature Fence, Lighting, Other, Private Mailbox, Rain Gutters, Sidewalk, Storage
Garage Boat, Covered, Driveway, Guest, Off Street, On Street, Oversized, Parking Pad
Utilities Available Cable Available, Electricity Connected, Public, Sewer Connected, Street Lights, Water Connected
Waterfront false
Roof Type Shingle
Parking Type Boat, Covered, Driveway, Guest, Off Street, On Street, Oversized, Parking Pad
Garage false
Private Pool No
Building
Lot Description City Limits, In County, Landscaped, Level, Near Public Transit, Oversized Lot, Private, Paved, Private
Entry Level One
Foundation Slab
Lot Size Range 1/2 to less than 1
Sewer Public Sewer
Water Public
Structure Type Block, Stucco
New Construction false
Construction Status Inspections
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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