$560,000
$529,900
5.7%For more information regarding the value of a property, please contact us for a free consultation.
2,992 SqFt
SOLD DATE : 11/05/2021
Key Details
Sold Price $560,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,992 sqft
Price per Sqft $187
Subdivision Brookhill
MLS Listing ID U8137504
Year Built 1960
Annual Tax Amount $6,429
Lot Size 9,583 Sqft
Property Description
Calling all investors! $42K annual net profit (8% CAP rate). Rarely available cash flowing, fully-occupied block construction 4-plex on a corner lot in the heart of Clearwater. Parking for 10+ vehicles (2 separate, extra-large driveways and an oversized 2 car garage) and even room to park a large trailer.
Newly renovated and some updates include main roof 2018, flat roof in 2015, HVAC systems 2016-2019, carpets 2018-2021 and 3 electrical panels 2019.
Units include (2) main floor 2/1 units, an additional 1/1 unit downstairs, and a 1/1 unit upstairs. All units have separate entrances, outdoor spaces, and 3/4 units have separate electric and water meters. Neat, clean and well-maintained! Not to mention super on time paying tenants!!
10 minute drive to Clearwater Beach. Walking distance to Publix.
Income/expenses are available upon request.
Location
State FL
County Pinellas
Community Brookhill
Interior
Heating Central
Cooling Central Air
Exterior
Exterior Feature Lighting, Sidewalk
Garage Spaces 2.0
Utilities Available Public
Roof Type Shingle
Building
Foundation Slab
Sewer Public Sewer
Water Public
Structure Type Block,Stucco
New Construction false
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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Bought with KELLER WILLIAMS REALTY