Active

$409,000

Features:
  • 4 Bedrooms
  • 2 Bathrooms
  • 1652 sq ft
Overview
  • ID: MFRTB8377627
  • Bedrooms: 4
  • Bathrooms: 2
  • Size: 1652 sq ft
Property Details
Remarks
Incredible Clearwater duplex portfolio opportunity! Two turnkey duplexes, each fully updated with new roofs, AC units, and electrical panels (2019–2021). Separate meters—tenants pay utilities. Combined $5,900/mo income ($70,800/yr) with immediate cash flow and built-in upside by raising MTM rent at Crestmont. No flood insurance required. 4-Point inspections should pass easily. Priced at $818,000 for all 4 units—only ~$205K per door. Solid 6.87% blended cap rate as-is. Prime rental market with high demand and minimal landlord responsibility. Ideal for investors seeking strong returns and low maintenance. Purchase one duplex or both. Must see!
Financial Considerations
Price:
$409,000
HOA Fee:
N/A
Tax Amount:
$4237.57
Price per SqFt:
$247.58
Tax Legal Description:
HIGH POINT BLK 2, LOT 15
Exterior Features
Lot Size:
6952
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
4
Bathrooms:
2
Heating:
Central
Cooling:
Central Air
Appliances:
N/A
Furnished:
No
Floor:
N/A
Levels:
N/A
Additional Features
Property Sub Type:
Duplex
Style:
N/A
Year Built:
1972
Construction Type:
Stucco
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
Private Mailbox
Additional Features 2:
N/A
Map
  • Address
    5651 CRESTMONT ST
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