Investor opportunity in Clearwater! Rare four-unit multifamily property consisting of four 1-bedroom, 1-bath units at 1504–1510 N Madison Ave. The property offers strong income-producing and value-add potential and is located next to a neighborhood park with a playground, pavilion, picnic areas, and green space.
The property needs a little TLC, allowing… Read More the next owner to make improvements, increase overall appeal, and potentially enhance future rental income. Conveniently located near Downtown Clearwater, shopping, dining, public transportation, major roadways, and Clearwater Beach.
Ideal for a buy-and-hold investor, 1031 exchange buyer, or investor seeking a small multifamily property with upside potential. Please do not disturb the tenants. Read Less
Courtesy of FUTURE HOME REALTY INC 813-855-4982
Listing Snapshot
Days Online
95
Last Updated
Property Type
Quadruplex
Beds
4
Square Ft.
2,184
Lot Size
0.23 Acres
Year Built
1959
MLS Number
TB8534856
Additional Details
Property Access
Road Surface: Asphalt
Building
Built in 1959, Living area: 2184, Living area units: Square Feet, Construction Materials: Block
Community
Association Recreation - Lease
Cooling
Central Air
Foundation
Slab
Heating
Central
Income
Gross Income: $62,400
Lot
0.23 acres
Property
Park/Greenbelt
Roof
Shingle
Sewer
Public Sewer
Taxes
Additional parcels description:, Parcel Number: 10-29-15-26892-007-0020, Public Survey Range: 15, Public Survey Section: 10, Annual Amount: $5,947, Tax Block: G, Tax Book Number: 9-85, Legal Description: FAIRMONT SUB BLK G, LOT 2 & N 1/2 OF LOT 3, Lot: 2, Year: 2025
Utilities
Public, Water Source: Public
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