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Description
DUAL-INCOME POTENTIAL - $3,600/MO TARGET GROSS RENT. Stop looking for turnkey and start looking at the math. This Clearwater duplex is a prime value-add project for anyone ready to force some equity. The property needs a full renovation, but the payoff is worth it: post-reno market rents are hitting $1,800/unit. That's over $43k in gross annual income once you've finished the upgrades. Whether you're looking to BRRRR or build a high-yield rental portfolio, 1634/1636 S Jefferson is the one. Sold strictly as-is-bring your contractor and your best offer.
Property Highlights
Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Central
Lot Size: 0.22 Acres
Roof Type: Shingle
Taxes: $5,884
Year Built: 1955
General Information
Bedrooms: 4
Sqft: 1,560
County: Pinellas
Subdivision: MONTEREY HEIGHTS
Listed By:
Botija Rodriguez
MARK SPAIN REAL ESTATE
855-299-7653
MLS ID: TB8508828
Amenities
Ninguno
Awning(s)
Private Yard
Property Features
Annual Net Income: 24000.00
Directions: Take I-275 S and FL-60 W to U.S. 19 Frontage Rd in ClearwaterUse the right 2 lanes to take the ramp onto I-275 SUse the 2nd from the right lane to take exit 39 to merge onto FL-60 W toward Clearwater/Tampa AirportContinue onto FL-589 NTake exit 2A for FL-
Exterior: Block
Flood Zone Code: X
Foundation: Slab
Home Warranty Y/N: No
Lot Dimensions: 0.22
Other Equipment: Private Yard
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Duplex
Sewer: Public Sewer
Showing Instructions: Combination Lock Box
Special Sale Provisions: None
Units: 2
Utilities: Electricity Connected, Sewer Connected, Water Connected
Water: Public
Water Access Y/N: No
Zoning: R-4
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Contact an agent to learn more about
1634 S Jefferson Avenue , Clearwater, FL 33756.
Estimate Your Payment
Estimated Payment
$ 1,498.07 per month $927.53 Principal & Interest $490.33 Property Tax $80.21 Homeowner's Insurance