Multi-Family•Low-Rise/Garden•For Sale

Charming 5 Unit Multifamily Investment Enclave

610 Oak Ave, Clearwater, Florida 33756

Sale Price $550,000
Sale Type Investment
Zoning R
Bldg Type Multi-Tenant
Class C
Status Existing
Year Built 1938
Vacancy 100%
Gross Bldg 3,083 SqFt
RBA 3,083 SqFt
Land Area .28 Acres
Project Size 5
Market Tampa Bay
Sub-Market Pinellas
Faulkner Commercial Group is pleased to offer this value add investment opportunity. There are five rentable apartments in three buildings, set with a charming courtyard in between. Parking is available for 4 vehicles, with overflow parking available on the street. The Seller has owned this property for many years and has rented on a month to month basis with no leases in place. There is a significant opportunity for a buyer investor to invest and improve/ update all units, and effectively double + the current monthly rents. This is definitely a diamond in the rough investment opportunity! Situated between the Pinellas County Courthouse and Morton Plant Hospital
  • Tremendous Upside Potential
  • Great Location
  • Between Pinellas County Court & Morton Plant Hospital
  • Situated a Short Walk from the Intercoastal/ Clearwater Bay!

1 Attachments

Sale Brochure

4/10/2019 4:00:33 PM 4/18/2019 12:15:02 AM


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