1604 N Osceola Avenue, CLEARWATER, FL

About 1604 N Osceola Avenue

No HOA! No Condo Management! X flood zone! 6 income producing units. Each unit has its own electrical meter. Cute as a Button! Fall in love with investing all over again, own a charming set of Florida style buildings renting out to long term tenants. There are two buildings. The first has two units, one upstairs and the other downstairs, both with 2 bedrooms, a bathroom with tub and shower, an eat in kitchen, large living room (fire place) and downstairs has a converted Florida room too could be a guest bedroom study or office. Currently the down stairs unit, unit 1 is not rented and being used for showings to interested parties. The back building has 4 units, each 1 bedroom one bathroom. There are 6 car spots which is newly been laid along the fence line but plenty of additional. Rents are between $1404 per month to $2050 per month. Total $9754.00 potential on existing rent rates. One unit vacant for showing purposes. Expected return range between 7% and 8% in first year based on a full listing price purchase and current performa expenses. Financials being worked on and to be fully disclosed. Don't wait, this charming property will not last long.

Listing Map