Active

$374,900

Features:
  • 5 Bedrooms
  • 3 Bathrooms
  • 2549 sq ft
Overview
  • ID: MFRO6373379
  • Bedrooms: 5
  • Bathrooms: 3
  • Size: 2549 sq ft
Property Details
Remarks
Price Improvement – Prime Investment Opportunity in Tavares! Don’t miss this exceptional income-producing triplex located at 708/710/712 North St. Clair Abrams Ave — a rare opportunity to own a multi-unit property in a growing area with strong rental demand and excellent upside potential. This well-maintained property features three separate units, including two 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit, each with private entrances for added tenant privacy and convenience. Recent updates include updated electrical systems and a new hot water heater, giving investors added peace of mind and reducing future maintenance concerns. All units are currently leased on a month-to-month basis, offering flexibility for a new owner to increase rents to market value, implement improvements, or occupy a unit if desired. Unit Breakdown Unit A (708): 2 Bed / 1 Bath – Currently $750/month – Month-to-Month Unit B (710): 2 Bed / 1 Bath – Currently $750/month – Month-to-Month Unit C (712): 1 Bed / 1 Bath – Currently $550/month – Month-to-Month Estimated market rents projected at $900–$1,200 per unit, creating substantial income growth potential. Current Annual Rental Income $24,600 annually Property Features & Expenses Utilities Included: Water & Trash ($220 average monthly) Property Taxes: $4,093.51 Insurance: $3,413/year Pest Control: $135/month + $95/quarter Additional Features Front & rear parking available Laundry: Unit A inside | Unit B in shed | Unit C N/A Units A & C feature fenced yards with patios Separate private entrances for all units Whether you’re expanding your investment portfolio or searching for your next value-add opportunity, this triplex offers immediate cash flow with long-term appreciation and rental upside. Conveniently located near shopping, dining, and major roadways, this property continues to be highly attractive for tenants and future leasing opportunities. Excellent opportunity for investors looking to maximize returns in a rapidly growing Central Florida market!
Financial Considerations
Price:
$374,900
HOA Fee:
N/A
Tax Amount:
$4220.11
Price per SqFt:
$147.08
Tax Legal Description:
TAVARES NUTT'S SUB LOT 5 S 35 FT OF LOT 4 BLK 94 PB 5 PG 51 ORB 4588 PG 1279 ORB 6331 PG 1352
Exterior Features
Lot Size:
11050
Lot Features:
City Limits, Level, Paved
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
5
Bathrooms:
3
Heating:
Electric
Cooling:
Central Air, Mini-Split Unit(s)
Appliances:
Cooktop, Range, Range Hood, Refrigerator
Furnished:
No
Floor:
Tile
Levels:
One
Additional Features
Property Sub Type:
Triplex
Style:
N/A
Year Built:
1949
Construction Type:
Concrete
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
Private Mailbox, Private Yard, Storage
Additional Features 2:
N/A
Map
  • Address
    708 N SAINT CLAIR ABRAMS AVE
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