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Wade M. Berlin

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1604 Osceola Avenue
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PRICED AT ONLY: $1,250,000

Address: 1604 Osceola Avenue, CLEARWATER, FL 33755

Description

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.
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  • MLS#: TB8440899 ( Residential Income )
  • Street Address: 1604 Osceola Avenue
  • Viewed: 56
  • Price: $1,250,000
  • Price sqft: $658
  • Waterfront: No
  • Year Built: 1925
  • Bldg sqft: 1900
  • Days On Market: 41
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Exterior Features: Other
  • Flooring: Carpet, Tile, Wood
  • Living Area: 1660.00
  • Roof: Built-Up
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
Eco-Communities
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Utilities: Electricity Connected
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Tax Year: 2024
Rental Information
  • Tenant Pays: Electricity
Other Features
  • Country: US
  • Interior Features: Other
  • Legal Description: MARSHALL'S, E.A. SUB ALL OF LOT 29 & PART LOTS 28 & 30 DESC BEG 93.3FT NE OF SE COR OF LOT 31 ALSO BEING THE W R/W LN OSCEOLA AVE TH NW'LY PARALLEL TO N LN OF LOT 30 100FT TO E LN OF A 10FT ALLEY TH NE'LY ALG THIS LN 80.6FT TH SE'LY 42.9FT TH S'LY 4. 6FT TH SE'LY 3.5FT TH SE'LY 15.1FT TH NE'LY 9FT TH SE'LY 24.5FT TH SE 12.3FT TO W R/W LN OF OSCEOLA AVE TH CONT SW'LY ALG R/W LN 65.4FT TO POB
  • Area Major: 33755 - Clearwater
  • Parcel Number: 09-29-15-55530-000-0290
  • Views: 56

Contact Info

  1. The Real Estate Professional You Deserve
  2. Mobile: 904.248.9848
  3. phoenixwade@gmail.com
Wade M. Berlin