Multi-Family•Fourplex•For Sale

Clearwater Multi unit complex with two parcels

714 Wyatt Street, Clearwater, Florida 33756

Sale Price $392,000 ($16.00 /SqFt)
Sale Condition 1031
Zoning ULTI-FAM <10 UNITS (08)
Tenant Yes
Class B
Status Existing
Year Built 1948
Year Renovated 2019
Stories 1
Cap Rate 10.00%
Annual Taxes $1,500.00
Op Expenses $10.00/sqft
Gross Bldg 2,400 SqFt
Total Avail 2,400 SqFt
Avail 700 to 700 SqFt
RBA 2,400 SqFt
Floor Size 700 SqFt
Land Area 24,000 SqFt
Avail Parking 3/1000SqFt
Project Size 24,000
#1 Bedrooms 2
#2 Bedrooms 2
Gross Rent X 9
Parcel# 27-29-15-07902-004-0170, 27-29-15-07902-004-0200
Commission 3%
This multi-unit complex has two parcels that both include a 1 bed 1 bath cottage and the other a duplex with 2 bed 1 bath units with carports and laundry in each end. They are zoned for up to 10 units and currently have space to build one more building. Great opportunity to acquire in the heart of Clearwater. Income property 100% occupied and producing over $42k a year. 3 out of the 4 units have been completely remodeled with new windows, roof, hot water tanks, appliances, flooring, electrical, paint, and land is cleared for the 4 duplex. Call to set up your appointment or further info.
  • recently renovated multi-unit with buildable lot. 100% occupied.

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12/10/2019 12:00:00 AM 12/10/2019 9:48:22 PM

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