Do Real Estate on the Go!
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$449,000
5 Beds
- 3 Baths
1,603sqft
1379 S Martin Luther King Jr Ave, Clearwater, FL 33756
$449,000
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Triplex
Built in 1940
$-- HOA
5,314 sqft lot
$280/sq.ft
Description
Triplex Investment Opportunity in a prime location between downtown Clearwater and Belleair
This rare triplex presents a cash flow opportunity for investors. Conveniently situated between downtown Clearwater and Belleair, the property boasts a superb location facing Lake Belleview and is directly across from Ross Norton Recreation Center and Ed C. Wright Park. A short drive will take you to some of the best beaches in the US at Clearwater, Belleair Beach, Indian Rocks Beach to name a few.
The triplex is currently fully rented and ready for a new owner to benefit from its steady income with a CAP rate of ~8.7 calculated with the current rents, expenses and the asking p...
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1940
HOA Fees
-
Finished Area
1,603 sqft
Lot Size
5,314 sqft lot
Basement Area
- sqft
MLS Name
Stellar MLS
MLS Number
TB8447196
MLS Status
Active
Days on Market
23
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