708 N SAINT CLAIR ABRAMS AVENUE

$349,000

$137/sq ft

$126,000
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Overview

Bedroom

5

Year Built

1949

Sqft

2549

Property Type

Triplex

Property Description

***Seller offering $10k towards exterior painting and repairs. Price Improvement!!!– Prime Investment Opportunity in Tavares! Unit 708: Recently updated, with fresh paint and fixtures. Don’t miss this exceptional income-producing triplex located at 708 North St. Clair Abrams Ave — a rare opportunity to own a multi-unit property in a growing area with strong rental demand and excellent upside potential. This well-maintained property features three separate units, including two 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit, each with private entrances for added tenant privacy and convenience. Recent updates include updated electrical systems and a new hot water heaters in all 3 units; giving investors added peace of mind and reducing future maintenance concerns. All units are currently leased on a month-to-month basis, offering flexibility for a new owner to increase rents to market value, implement improvements, or occupy a unit if desired. Unit Breakdown Unit A (708): 2 Bed / 1 Bath – Vacant Unit B (710): 2 Bed / 1 Bath – Currently $750/month – Month-to-Month Unit C (712): 1 Bed / 1 Bath – Currently $550/month – Month-to-Month Estimated market rents projected at $900–$1,200 per unit, creating substantial income growth potential. Current Annual Rental Income $24,600 annually Property Features & Expenses Utilities Included: Water & Trash ($220 average monthly) Property Taxes: $4,093.51 Insurance: $3,413/year Pest Control: $135/month + $95/quarter Additional Features Front & rear parking available Laundry: Unit A inside | Unit B in shed | Unit C N/A Units A & C feature fenced yards with patios Separate private entrances for all units Whether you’re expanding your investment portfolio or searching for your next value-add opportunity, this triplex offers immediate cash flow with long-term appreciation and rental upside. Conveniently located near shopping, dining, and major roadways, this property continues to be highly attractive for tenants and future leasing opportunities. Excellent opportunity for investors looking to maximize returns in a rapidly growing Central Florida market!

Property Details

MLS#

O6373379

Address

708 SAINT CLAIR ABRAMS N

City

TAVARES

State/county

FL

Zip/Postal Code

32778

Area

Tavares Nutts Sub

Country

United States

HOA

No

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$4,220

Maint Fee

$--

Tax Year

2025

Cooktop

Range

Range Hood

Refrigerator

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Boris Gelfand