$599,999

$224/sq ft

$50,001
Price Decreased

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Overview

Bedroom

6

Year Built

1973

Sqft

2675

Property Type

Triplex

Property Description

Don't Miss this Triplex in the Heart of Clearwater! Central location .Close to schools. Great rental history with long term tenants in place .Lease one expires 7-30-2025 .Lease two is on month to month presently and lease three expires 10-30-2025. Rents are lower than market but new owner can adjust all leases to market rents immediately for the one unit and 2-4 months for the remaining two. The property has been updated with a new dimensional roof in 2023,New underground main power line from Power pedestal to house meters,2022, New Kitchens in two units 2022 with new cabinets , refrigerators and stoves. Two baths cabinets and toilets updated 2022 . All A/cs have been replaced 1 - 2017, 1 - 2022 and 1 2024. Fresh paint inside and out 2023. Repaved Parking lot with 6 spaces 2023. The third unit has not been updated as the tenants have been there 10 years and no opportunity to update . This is a well maintained property with quick upside to market rents.

Property Details

MLS#

TB8394503

Address

1500 LEO

City

Clearwater

State/county

FL

Zip/Postal Code

33755

Area

Skycrest Greens Add

Country

United States

HOA

No

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$6,575

Maint Fee

$--

Tax Year

2024

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Boris Gelfand