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Stacey was recommended to us.  After our first conversation with her, within one hour, she did exactly what she said she would do.  We told her the type of house we wanted to buy and within 30 days, we found it.  Stacey ensured our offer was in promptly after viewing it.  She impressed us with the   speed with which she got things done and was incredibly responsive every time we contacted her.  She is amazing!   Professional to the core, extremely helpful and really positive.  We are thrilled with the house we bought.  Thank you Stacey, for everything you did for us. Peter & Kim
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Listing 8 out of 79
$375,000 For Sale

1270 Franklin Street
Clearwater, FL 33756

4 units | Multi Family Home
6098 sq ft - MLS# U8045277
Property Photo
1/11

Description

This four unit multi-family opportunity is located near downtown Clearwater and provides easy access to East/West thoroughfares. The building features four one bedroom, one bath apartments. The current in-place cap is 5.6%. This is a value-add opportunity with well below market rents. With some light remodel and repositioning in the market, the cap rate could be above current trends.

Features

  • Property Type: Multi Family Home
  • Sub Type: Quadruplex
  • Listing Status: Active
  • County/Area: Pinellas County
  • Zip Code: 33756
  • Year Built: 1960
  • Subdivision/Neighborhood: Hibiscus Gardens
  • Sq.Ft.: 2,904 sq ft
  • Style: Quadruplex (Multi-Family)
  • Units: 4 units
  • Lot Size: 6098 sq ft
  • Annual Net Income: 21600.00
  • Construction Materials: Block
  • Cooling: Central Air, Wall/Window Unit(s)
  • Country: US
  • Est Annual Market Income: 33000.00
  • Exterior Features: Balcony
  • Gross Income: 308012
  • Heating: Central, Other
  • Lot Dimensions: 60 x 105
  • Lot Size Square Feet: 6299
  • Parcel Number: 15-29-15-38574-008-0210
  • Tax Year: 2018
  • Tenant Pays: Electricity
  • Total Acreage: Up to 10889 Sq. Ft.
  • Total Num Buildings: 1
  • Township: 29
  • Unit Count: 1
  • Utilities: BB/HS Internet Available, Electricity Available
Courtesy of Coastal Properties Group

Stacy Allen
Treasure Island, FL 33706
Phone: 770-367-9659
Email: stacyallenrealtor@gmail.com

Testimonials

Stacey was recommended to us.  After our first conversation with her, within one hour, she did exactly what she said she would do.  We told her the type of house we wanted to buy and within 30 days, we found it.  Stacey ensured our offer was in promptly after viewing it.  She impressed us with the   speed with which she got things done and was incredibly responsive every time we contacted her.  She is amazing!   Professional to the core, extremely helpful and really positive.  We are thrilled with the house we bought.  Thank you Stacey, for everything you did for us. Peter & Kim
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