1506 N Madison Avenue, Clearwater, FL 33755
- $639,000
- 4
- BD
- 4
- BA
- 2,184
- SqFt
- List Price
- $639,000
- Status
- Active
- Days on Market
- 6
- MLS#
- TB8534856
- Property Style
- Quadruplex
- Year Built
- 1959
- Bedrooms
- 4
- Bathrooms
- 4
- Living Area
- 2,184
- Lot Size
- 10,197
- Acres
- 0.23
- Total Acreage
- 0 to less than 1/4
- Legal Subdivision Name
- Fairmont Sub
- MLS Area Major
- Clearwater
Property Description
Investor opportunity in Clearwater! Rare four-unit multifamily property consisting of four 1-bedroom, 1-bath units at 1504–1510 N Madison Ave. The property offers strong income-producing and value-add potential and is located next to a neighborhood park with a playground, pavilion, picnic areas, and green space. The property needs a little TLC, allowing the next owner to make improvements, increase overall appeal, and potentially enhance future rental income. Conveniently located near Downtown Clearwater, shopping, dining, public transportation, major roadways, and Clearwater Beach. Ideal for a buy-and-hold investor, 1031 exchange buyer, or investor seeking a small multifamily property with upside potential. Please do not disturb the tenants.
/u.realgeeks.media/nataliemaseda/5f3cdb474bfd-Maseda_Natalie_1.jpg)
Additional Information
- Taxes
- $5947
- Annual Gross Income
- 62400
- Community Features
- Association Recreation - Lease, No Deed Restriction
- Interior Layout
- Other
- Interior Features
- Other
- Utilities
- Public
- Heating
- Central
- Air Conditioning
- Central Air
- Exterior Construction
- Block
- Exterior Features
- Other
- Roof
- Shingle
- Foundation
- Slab
- Pool
- No Pool
- Flood Zone Code
- X
- Parcel ID
- 10-29-15-26892-007-0020
- Legal Description
- FAIRMONT SUB BLK G, LOT 2 & N 1/2 OF LOT 3
Listing courtesy of FUTURE HOME REALTY INC. 813-855-4982
Mortgage Calculator
StellarMLS is the source of this information via Internet Data Exchange Program. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale. Availability of any listing should always be independently verified. Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may violate relevant federal and state law. Data last updated on