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$835,000 • living size area 4384 sqft
Attention investors~incredible opportunity to own cash-flowing property 90% renovated and 100% occupied ~ this 6 unit, turn-key, investment property is 100% occupied and churning $$62k/year! 5 of 6 units have been updated with ceramic tile, new bathrooms and kitchens, with granite counter-tops and all wood cabinetry. the building iis freshly painted. all units have screen porches and central ac. only unit 106 (upstairs 2/1)has not been updated. it is currently rented for $950 through 2/20. the updated 2/1 below it rents for $1000/mo..once updated, #106 should go $1100/mo as it is top floor unit. the 4 - 1 bedroom units rent for $800/$850. at the current price and current rents the property will return $42k-$48k net annual income with potential to go up.Multi Family - HIGHLAND GROVES
1475 GRV, CLEARWATER, FL 33755
Date Sold 10-31-2019
Sold Price$835,000 Asking Price$835,000
Share by:
- Living 4384sqft
- Lot size 12000sqft
- Taxes: Register to see
- Year Built 1971
-
Days on market:
94 day(s) Original Price:
$695,000-
Price per sqft:
$190.47 Tax Legal Description:
HIGHLAND GROVES BLK B, LOTS 11 AND 12 & HIGHLAND GROVES BLK B, LOTS 13 AND 14Tax Year:
2018-
MLS:
U8049019 -
Property Type:
Multi Family -
Parking:
Assigned
Construction Type:
BlockRoof:
OtherCooling Description:
Central AirHeating Description:
Heat PumpExterior Features:
Lighting SidewalkEquipment/Appliances:
DishwasherRefrigeratorElectric Water Heater RangeSpecial Listing Conditions:
None
Description
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