23
  • Property Type
  • Triplex, Residential Income
  • 4
  • Bedrooms
  • 3
  • Bathrooms
  • 1375 Sqft
  • Area Size

725 NEW YORK ST , Clearwater, FL 33756

  • $487,000

Description

Exceptional investment opportunity with immediate upside and located just minutes from the gulf beaches! This fully leased triplex is currently generating $4,425 each month with the opportunity to increase rental income immediately. A new roof was installed in 2023 on the 1/1 building. In addition to the existing income upside, the two 1/1 units provide an excellent value-add opportunity with cosmetic updates that can further increase rents and overall property value. The property features one updated 2/1 unit (rented below market at 1,500 but could rent for 1,600) and two 1/1 units (rented at 1,425 and 1,500), offering an ideal opportunity for both seasoned investors and buyers looking to house hack/ live in one unit while the rental income from the other two helps offset their mortgage and living expenses. The updated 2/1 unit features newer windows, appliances, and flooring providing a move-in-ready option. The 2/1 unit will be vacant upon closing.Whether you’re looking to expand your investment portfolio or purchase your first income-producing property, this triplex offers immediate cash flow, multiple avenues for increased returns, or the opportunity to significantly reduce your housing costs by living on-site.

  • Address: 725 NEW YORK ST
  • City: Clearwater
  • State/county: FL
  • Zip/Postal Code: 33756
  • Country: US

Details

Atualizado em julho 24, 2026 no 10:48 am
  • Property ID TB8532067
  • Price $487,000
  • Property Size 1375 m²
  • Land Area 0.16 m²
  • Bedrooms 4
  • Bathrooms 3
  • Garage Size x x
  • Year Built 1948
  • Property Type Triplex, Residential Income
  • Property Status Active, For Sale

Additional details

  • Roof Shingle
  • Utilities Electricity Available,Electricity Connected,Public,Sewer Connected,Water - Multiple Meters,Water Connected
  • Sewer Public Sewer
  • Cooling Wall/Window Unit(s)
  • Heating Ductless
  • Flooring Luxury Vinyl
  • County Pinellas
  • Property Type Residential Income

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