Fully-stabilized 10-unit apartment community in central Clearwater's Sky Crest submarket, offered at $2,000,000 ($200,000/unit). This 1964 concrete-block, two-story walk-up offers nine renovated units, updated kitchens with stainless appliances, quartz counters, tile backsplash, vinyl-plank flooring and in-unit washer/dryer, plus one larger 2BR/2BA in original condition for renovate-to-premium upside. Unit mix: three 1BR/1BA, six 2BR/1BA, one 2BR/2BA. In-place rents sit below market across every type, giving a new owner low-risk mark-to-market upside as leases turn; five units are currently month-to-month. Central HVAC and on-site carport parking. Minutes to Gulf-to-Bay Blvd, US-19, downtown Clearwater and the Gulf beaches. Offering memorandum and financials available on request. Showings by appointment through listing office, please do not disturb tenants.
7,359 Sq Ft
0.25 Private Acres Lot Size
commercial
$1,814 Monthly Tax
Built in 1964
MLS/Listing ID A4699732
2 Stories
10 Units
Dishwasher
Construction - Block
Cooling - Central Air
Slab
Public Sewer
Public Water
Washer
Refrigerator
Microwave
Dryer
TOTAL MONTHLY COST
$0
$0
$0