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400 S ORION AVE Clearwater, FL 33765
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Key Details
Sold Price $690,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,967 sqft
Price per Sqft $232
Subdivision Skycrest
MLS Listing ID O6178200
Sold Date 03/01/24
Construction Status Inspections
HOA Y/N No
Originating Board Stellar MLS
Year Built 1954
Annual Tax Amount $5,410
Lot Size 10,890 Sqft
Acres 0.25
Lot Dimensions 80x135
Property Description
Very well established and highly profitable 6-unit rental property with excellent occupancy record. Perfect for long-term rentals, (as is established in the community) or destination getaway. Property has been occupied, managed and well maintained by owners for over 30 years, (owner retiring). Located on quiet side street close to shopping, restaurants, nightlife and some of Florida's favorite beaches and is only a short drive to Ybor City & Tampa. Orlando and Disney are a simple day trip. Ample off-street parking, outdoor private & common areas and storage sheds loaded with tools and equipment that will convey. Property includes many updates, upgrades and some furnishings. Excellent income opportunity from day one. Owner can live on property and have rental units pay all their expenses. Some current rent rates are lower than market standard in exchange for tenant assistance with property. $80,000+ potential yearly income.
Location
State FL
County Pinellas
Community Skycrest
Interior
Interior Features Primary Bedroom Main Floor
Heating Electric, Other
Cooling Central Air, Other, Wall/Window Unit(s)
Fireplace false
Laundry Common Area
Exterior
Exterior Feature Courtyard
Garage Driveway, Off Street, Open
Utilities Available Cable Connected, Electricity Connected, Water Connected
Waterfront false
Roof Type Membrane,Shingle
Garage false
Private Pool No
Building
Foundation Slab
Lot Size Range 1/4 to less than 1/2
Sewer Public Sewer
Water Public
Structure Type Block
New Construction false
Construction Status Inspections
Others
Pets Allowed Yes
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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© 2024 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Bought with KYLIN REALTY LLC