822 Grand Central St., Clearwater, FL 33756 - U8167538 - iPro Real Estate

822 Grand Central St.
Clearwater, FL 33756

Active, Multi-Family/Income Sale

For Sale

$699,900 $248.54 per sqft

Free Professional CMA

Listing ID : U8167538

  • Structure / Lot Size

    2,816 Sqft / 6,969 Sqft
  • Year

    1915

Description

Take advantage of the opportunity to own two income generating properties on one parcel only 1.3 miles from downtown Clearwater! 5 units total. The front building has four 1 bedroom/1 bath units and the rear stand alone cottage has one 2 bedroom/1 bath unit. All units are fully leased and currently bring in $4575 per month with a cap rate of 5%! The property is professionally managed and copies of all leases, rent roll and income statements are available for your perusal. Located only 10 minutes away from the white sandy beaches of Clearwater and the infamous Pier 60. Top rated Hotels, Shops & Boutiques, fabulous dining, restaurants, and entertainment venues are a short drive away. Major medical is around the corner. Come live and experience the vibrant cultural atmosphere of Downtown Clearwater. The opportunity to build long term wealth through residual income awaits! Available for showings by appointment only.

Details

Type: Multi-Family/Income Sale 
Subdivision: Milton Park 
MLS Area: 33756 - Clearwater/Belleair 
County: Pinellas 
Tax ID: 21-29-15-58068-003-0150
Annual Taxes: $5,684
Building Size: 3,168 SqFt 
Net Operating Income: $35,523 
Days on Market: 463 
Appliances: Refrigerator 
Cooling: Wall/Window Unit(s) 
Foundation: Crawlspace 
Heating: Wall Units / Window Unit 
Number of Buildings: 2 
Number of Units: 5 
Property Type: Commercial Sale Sale 
Roof: Shingle 
Sub Type: Multi-Family 

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Interactive

27.952923 -82.794777 $699,900 U8167538
822 Grand Central St., Clearwater, FL 33756
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Area Information 33756

Population:

32,637 Up .07% since 2010
Average Income:
$83,272
Average Age:
46Years
Gender:
46.6%Male
53.4%Female
Households:
14,37121.47% with children
Average Value:
$546,701
Occupancy:
60.08%Owned
39.92%Rented
13.34%Vacant
Education:
28.05%High School
9.51%Associate
21.22%Bachelor
9.69%Graduate
Average Residency:
21Years
Crime Rate:
Average
Annual Rainfall:
51.23Inches
Earthquake Risk:
Very Low
Hurricane Risk:
Very High
Ozone Risk:
Below Average
Pollution Risk:
Below Average
Tornado Risk:
Very High
Wind Risk:
Very Low

History

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Listed by Angela Julian PA with CHARLES RUTENBERG REALTY INC