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5651 CRESTMONT ST Clearwater, FL 33760
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Key Details
Sold Price $385,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,652 sqft
Price per Sqft $233
Subdivision High Point
MLS Listing ID TB8377627
Bedrooms 4
Year Built 1972
Annual Tax Amount $4,237
Lot Size 6,969 Sqft
Property Sub-Type Duplex
Property Description
Exceptional opportunity to own a well-maintained, income-producing duplex in a prime rental market. Features include a 2019 roof and AC, along with a new electrical panel (2021). Separate electric meters—tenants pay their own utilities—keeping landlord involvement minimal.
Currently generating $2,900/month ($34,800/year) in rental income, with value-add potential by increasing below-market, month-to-month rents.
No flood insurance required. Priced at approximately $192,500K a door with a solid 7% cap rate as-is. Ideal for investors seeking low maintenance and steady cash flow.
Don't miss this must-see investment!
Location
State FL
County Pinellas
Community High Point
Area 33760 - Clearwater
Zoning R-4
Interior
Heating Central
Cooling Central Air
Laundry In Kitchen, Inside, Laundry Closet
Exterior
Exterior Feature Private Mailbox
Utilities Available Public
Roof Type Shingle
Building
Foundation Slab
Sewer Public Sewer
Water Public
Structure Type Stucco
New Construction false
Others
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Special Listing Condition None
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Bought with Jorge Diaz FUTURE HOME REALTY INC
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