906 ELDRIDGE ST Active Save Request In-Person Tour Request Virtual Tour
Clearwater,FL 33755
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,763 sqft
Price per Sqft $247
Subdivision Pine Crest Sub
MLS Listing ID T3542960
Year Built 1926
Annual Tax Amount $1,644
Lot Size 7,405 Sqft
New Construction false
Property Description
Great Opportunity For Investors!!...or for The New Homeowner who wants a steady income stream from on-property rentals while occupying the main residence! Main house features 4 generously sized bedrooms and 2 full bathrooms. Kitchen-family room combo with formal dining room and living room. Wood floors in all bedrooms and ceramic tile in the kitchen, family room and living room. Rental properties across the driveway include a 2 story unit with first floor containing 3 bedrooms rented indivudually to 3 separate tenants and sharing a kitchen and bathroom. Upstairs contains 4 bedrooms with 3 of the 4 currently rented indivudually to 3 separate tenants and sharing a kitchen and bathroom. The additional upstairs bedroom is being remodeled and will be rented to a 4th tenant when finished. Adjacent and attached to the 2 story rental unit is a 3 unit efficiency building with all 3 units currently rented. Also, on the property is a free standing unit being rented as well. Total current rental income from all rented units is currently $6,700/month, with the additional unit not currently rented to bring $800/month potential additional income. All tenants currently occupy on a written lease. With all but one unit currently occupied, this property presents an excellent opportunity for investors seeking a reliable income stream in a high-demand rental market...or a new homeowner who wants a steady income stream to offset the expense of their new home. Home also has solar panels on the roof. Solar panels provide a substantial discount on monthly utilities. Current monthly payment for solar panels is $221/month and the solar panel contract with Sun Run will be assumed/transferred to the new home owner. Don't miss out on this exceptional investment opportunity!
Location
State FL
County Pinellas
Community Pine Crest Sub
Interior
Heating Heat Pump,Other,Wall Units / Window Unit
Cooling Central Air
Laundry Inside
Exterior
Exterior Feature Fence,Sidewalk
Garage Spaces 2.0
Utilities Available Electricity Connected,Public,Sewer Connected,Water Connected
Waterfront false
Roof Type Shingle
Building
Foundation Slab
Sewer Public Sewer
Water Public
Structure Type Block,Stucco
New Construction false
Schools
Elementary Schools Sandy Lane Elementary-Pn
Middle Schools Dunedin Highland Middle-Pn
High Schools Clearwater High-Pn
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition None