Active

$639,000

Features:
  • 4 Bedrooms
  • 4 Bathrooms
  • 2184 sq ft
Overview
  • ID: MFRTB8534856
  • Bedrooms: 4
  • Bathrooms: 4
  • Size: 2184 sq ft
Property Details
Remarks
Investor opportunity in Clearwater! Rare four-unit multifamily property consisting of four 1-bedroom, 1-bath units at 1504–1510 N Madison Ave. The property offers strong income-producing and value-add potential and is located next to a neighborhood park with a playground, pavilion, picnic areas, and green space. The property needs a little TLC, allowing the next owner to make improvements, increase overall appeal, and potentially enhance future rental income. Conveniently located near Downtown Clearwater, shopping, dining, public transportation, major roadways, and Clearwater Beach. Ideal for a buy-and-hold investor, 1031 exchange buyer, or investor seeking a small multifamily property with upside potential. Please do not disturb the tenants.
Financial Considerations
Price:
$639,000
HOA Fee:
N/A
Tax Amount:
$5947
Price per SqFt:
$292.58
Tax Legal Description:
FAIRMONT SUB BLK G, LOT 2 & N 1/2 OF LOT 3
Exterior Features
Lot Size:
10197
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:
4
Heating:
Central
Cooling:
Central Air
Appliances:
N/A
Furnished:
No
Floor:
N/A
Levels:
N/A
Additional Features
Property Sub Type:
Quadruplex
Style:
N/A
Year Built:
1959
Construction Type:
Block
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
Other
Additional Features 2:
N/A
Map
  • Address
    1506 N MADISON AVE
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