Clearwater, FL 33756,1270 FRANKLIN ST
Clearwater, FL 33756,1270 FRANKLIN ST
Clearwater, FL 33756,1270 FRANKLIN ST
Clearwater, FL 33756,1270 FRANKLIN ST
Clearwater, FL 33756,1270 FRANKLIN ST
Clearwater, FL 33756,1270 FRANKLIN ST
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$300,000

$350,000

14.3%
Est.Price: ?

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Est. payment /mo

2,904 SqFt


SOLD DATE : 07/30/2019

Key Details

Sold Price $300,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Square Footage 2,904 sqft

Price per Sqft $103

Subdivision Hibiscus Gardens

MLS Listing ID U8045277

Sold Date 07/30/19

Construction Status Inspections

HOA Y/N No

Year Built 1960

Annual Tax Amount $2,454

Lot Size 6,098 Sqft

Acres 0.14

Lot Dimensions 60 x 105

Property 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.

Location

State FL

County Pinellas

Community Hibiscus Gardens

Interior

Heating Central, Other

Cooling Central Air, Wall/Window Unit(s)

Fireplace false

Exterior

Exterior Feature Balcony

Utilities Available BB/HS Internet Available, Electricity Available

Garage false

Private Pool No

Building

Lot Size Range Up to 10,889 Sq. Ft.

Sewer Public Sewer

Water Public

Structure Type Block

New Construction false

Construction Status Inspections

Others

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

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Stellar MLS
Listed by COASTAL PROPERTIES GROUP
Bought with HOME SEARCH REALTY
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2464 Sanford Ave, Sanford, FL, 32771

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