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
Open on Google Maps-
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
Mortgage Calculator
-
Down Payment
-
Loan Amount
-
Monthly Mortgage Payment
-
Property Tax
-
Home Insurance
-
PMI
-
Monthly HOA Fees