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$350,000 • living size area 2904 sqft
This four unit multi-family opportunity is located near downtown clearwater and provides easy access to east/west thoroughfares. the building features four one bedroom, one bath apartments. the current in-place cap is 5.6%. this is a value-add opportunity with well below market rents. with some light remodel and repositioning in the market, the cap rate could be above current trends.Multi Family - HIBISCUS GARDENS
1270 FRANKLIN, CLEARWATER, FL 33756
Date Sold 07-30-2019
Sold Price$300,000 Asking Price$350,000
Share by:
- Living 2904sqft
- Lot size 6299sqft
- Taxes: Register to see
- Year Built 1960
-
Days on market:
25 day(s) Original Price:
$375,000-
Price per sqft:
$120.52 Tax Legal Description:
HIBISCUS GARDENS BLK H, LOT 21Tax Year:
2018-
MLS:
U8045277 -
Property Type:
Multi Family
Construction Type:
BlockCooling Description:
Central AirWall/Window Unit(s)Heating Description:
OtherCentralExterior Features:
BalconySpecial Listing Conditions:
None
Description
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