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Gelfand Realty Miami Properties - Multi Family

2035 ALPINE, CLEARWATER, FL 33755

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Multi Family -

2035 ALPINE, CLEARWATER, FL 33755

Sold Price$490,000 Asking Price$575,000

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  • Days on market:

    149 day(s)
  • Original Price:

    $1,050,000
  • Price per sqft:

    $82.85
  • Tax Legal Description:

    SUNSET RIDGE UNIT 2 LOT 114 AND S 1/2 OF LOT 113
  • Tax Year:

    2015
  • Property Type:

    Multi Family
  • Parking:

    6 to 12 Spaces
  • Construction Type:

    Block
  • Roof:

    Other
  • Cooling Description:

    Central Air
  • Heating Description:

    Central
  • Floor Description:

    Tile
  • Special Listing Conditions:

    None
  • Lot Features:

    City Lot Suburb

Description

$575,000 • living size area 6940 sqft

Excellent investment opportunity! 8 unit apartment building. all units have 2 bedrooms. 6 units with 2 bedrooms/1 bath and 2 larger units with 2 bedrooms/1.5 baths. tile floors. separate electric meters and separate central heat and air systems for each unit. gross income $75k; this can easily increase by $5k upon lease renewals. 8% cap rate including management fee and all key bank evaluated expenses. located less than a quarter mile from dunedin middle school, dunedin city limit and bus route lines. walgreens located within half mile and other shopping and restaurants within a mile. clearwater beach is less than 5 miles away. surrounded by single family homes. recent survey available. please do not disturb the tenants.

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