Exceptional opportunity to acquire a stable, well-maintained, and turnkey quadruplex in a highly desired area near downtown Clearwater. This concrete block construction building includes three 1/1's and one 2/1, specifically: Unit 1 (1/1, $1,025 monthly rent, lease expires 03/31/24); Unit 2 (1/1, $1,491 monthly rent, new lease just signed until 12/30/24); Unit 3 (1/1, $1,265 monthly rent, lease until 08/31/24); and Unit 4 (2/1, $875 monthly rent - not a typo, on a month-to-month lease, but increasing to $1,680 beginning Feb 1). Except for Unit 2 (and soon Unit 4), the remaining units are at below market rents (with the lease for Unit 1 ending 3/31/24 and the lease for Unit 3 expiring 8/31/24). Additional features include: individual central A/C for each unit, screened front porches, outdoor storage closets, a common area laundry room (currently unused), and separate electric meters for each unit. There is only a single water meter. Please note that published expenses include water/sewer utility charges but exclude third-party property management company fees paid in 2023, and also reflect an upcoming change of insurance premiums, as well as the newly increased rent for Unit 4. Photos attached include interior ones for Units 1 and 2, but all four units are similarly maintained. A passing four-point inspection report is available, as is a wind mitigation. Viewings are by appointment only. Please do not disturb the tenants. Only serious buyers are encouraged to inquire
Assessed Value is a combination of the land and additions.
2023
$3,791
(+9.63%)
$260,000
No Breakdown Available
2022
$3,458
(+9.54%)
$235,000
No Breakdown Available
2021
$3,157
(+12.73%)
$191,000
No Breakdown Available
2020
$2,800
(+15.48%)
$156,842
No Breakdown Available
2019
$2,425
(+7.8%)
$115,073
No Breakdown Available
2018
$2,250
(+11.71%)
$104,612
No Breakdown Available
2017
$2,014
$105,416
Land 27,265 +
Additions 78,151
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.
Do you have other availabilities? Add up to two additional timeframes.
Please select a valid date
Please select a valid time
Please select a valid date
Please select a valid time
How would you like to tour?
Select your preferred video platform(s).
Zoom
FaceTime
Facebook Messenger
Google Meet
WhatsApp
Other
Your health and safety are our top priority. That`s why we’ve added the option to tour properties you are interested in through a live video chat.
Additional info
Enter a valid phone number.
Any additional questions or comments?
Message (optional)
Additional Terms of Use
Before you continue, please review the VOW Terms of Use:
(a) the Registrant has received, read and understood the brochure published by the British Columbia Real Estate Association entitled "Privacy Notice and Consent";
(b) the Registrant acknowledges entering into a lawful REALTOR®/ consumer or REALTOR®/client relationship with the Member;
(c) all data obtained from the MLS® VOW is intended for and may only be used for the Registrant’s personal, non-commercial use;
(d) the Registrant has a bona fide interest in the purchase, sale or lease of real estate of the type being offered through the MLS® VOW;
(e) the Registrant will not himself, and will not permit or assist others to, directly or indirectly:
(i) copy, redistribute or retransmit any of the MLS® VOW Data or information provided;
(ii) display, post, disseminate, distribute, publish, broadcast, transfer, sell or sublicense any of the MLS® VOW Data to another person.
(iii) engage in Scraping (including "screen scraping" and "database scraping"), "data mining" or any other activity intended to collect, store, re-organize, summarize or manipulate any MLS® VOW Data or any related data;
(f) the Registrant acknowledges the Board’s ownership of, and the validity of the Board’s proprietary rights and copyright in the MLS® VOW Data, and listing information; and
(g) the Registrant expressly authorizes the Board or their duly authorized representatives, to access the MLS® VOW and Registrant’s information provided to the MLS® VOW Participant, for the purposes of verifying compliance with and pursuing enforcement of the Terms of Use and all applicable rules, regulations, bylaws, policies, and laws.
This website uses cookies to improve your experience. For more info, read our
Cookie Policy.
By clicking “Accept” or continuing to use this site, you agree to our use of cookies
Terms of Use
and
Privacy Policy.
You have access to 1 more listing!You have access to {value} more listings!
Sign up to view unlimited properties and connect with an agent.
Get connected and never miss another property
Create your free account today!
Receive timely updates on your searches
Get meaningful market data and price trends
Access the world’s largest off-market property network through your KW Agent