$485,000
$575,000
15.7%For more information regarding the value of a property, please contact us for a free consultation.
1 Bed
4 Baths
2,149 SqFt
SOLD DATE : 04/21/2023
Key Details
Sold Price $485,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,149 sqft
Price per Sqft $225
Subdivision Skycrest
MLS Listing ID T3410704
Sold Date 04/21/23
Bedrooms 1
HOA Y/N No
Originating Board Stellar MLS
Year Built 1954
Annual Tax Amount $4,846
Lot Size 10,890 Sqft
Acres 0.25
Lot Dimensions 80x135
Property Description
BACK ON THE MARKET: 309 S Duncan is a 4-Plex Value-Add Opportunity in the Tampa Bay submarket of Clearwater, Florida. Consisting of three – Studio, One Bathroom Units and One-One Bedroom/One Bathroom Bungalow in two masonry buildings on one-quarter acre of land with mature landscaping and on-site parking. The property has been managed and owned by the same family for two decades. Recent updates include a newer 2021 roof on the bungalow and two units have new hot water heaters. Windows AC units. One unit was recently vacated. VALUE ADD opportunity - Rents are well below market value. Drive by first and DO NOT disturb tenants.
• Massive Rental Upside with local rents averaging well over $1100 per month
• Unit Mix of One One Bedroom/One Bathroom Bungalow w/ a Washer/Dryer Hookup and Three Studio Units
• Electric is Separately Metered & Paid by Tenants Directly to Utility Provider
• Managed & Owned by the Same Family for the Last 2 Decades
• Solid Masonry Construction, on 1 Parcel of One Quarter Acre of Land with Two Buildings
• Conveniently located near Publix, Walmart Neighborhood Market, Home Depot, Lowe’s & Numerous Other National Retailers
• Within 15 Mins of Dunedin and Clearwater Beach, Consistently Ranked as One of the Top Beaches in the Country
• Within 35 Mins of Tampa and Downtown St Pete & the Gateway Area w/ Over 2,700 Companies & 65,000 Employees
Location
State FL
County Pinellas
Community Skycrest
Interior
Interior Features Ninguno
Heating Wall Units / Window Unit
Cooling Wall/Window Unit(s)
Furnishings Unfurnished
Fireplace false
Exterior
Exterior Feature Awning(s)
Garage Open
Utilities Available Electricity Available
Waterfront false
Roof Type Shingle
Parking Type Open
Garage false
Private Pool No
Building
Entry Level One
Foundation Concrete Perimeter
Lot Size Range 1/4 to less than 1/2
Sewer Public Sewer
Water Public
Structure Type Block
New Construction false
Others
Senior Community No
Ownership Fee Simple
Special Listing Condition None
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Bought with KELLER WILLIAMS ST PETE REALTY
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