1267 Franklin St - Multi-Family FOR SALE


Clearwater, FL 33756- Downtown Clearwater
$899,000 USD
727-424-9383
1267 Franklin St, Clearwater, FL for Sale
$899,000 USD
Multi-Family - FOR SALE
1/7
null | Request Cap Rate

1267 Franklin St
Clearwater, FL 33756
Downtown Clearwater


HIGHLIGHTS

  • long-term tenants

OVERVIEW

Exceptional opportunity to own a fully occupied 4-unit income-producing property in a high demand rental area just minutes from Clearwater Beach and the vibrant Cleveland Street District. This maintained building features a mix of long-term tenants and updated interiors and central A/C in 3 of 4 units, with additional window units in the larger spaces for added comfort. The property boasts several newer windows (replaced in 2014–2015) Ample storage space on each level adds bonus value for tenants or potential extra income. Each unit has separate electric and water meters, and tenants cover all their own utilities, maximizing your net income. With its strong rental history and minimal maintenance, this property is ideal for both seasoned and new investors. Situated on a quiet residential street, the location offers walkable access to restaurants, shops, and public transit, plus easy proximity to Coachman Park, The Sound Amphitheater, and world-famous Clearwater Beach. No damage or flooding from Hurricane Helene .

FOR SALE DETAILS

PRICE

$899,000 USD

PRICE/SF

$243 USD /SF

# OF UNITS

4

PRICE/UNIT

$224,750

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Fully Occupied Quadplex

PROPERTY TYPE

Multi-Family

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1964

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

15-29-15-38574-009-0040

ASK ABOUT THIS PROPERTY

Jolene SchotterJeff Borham & AssociatesMore Info
727-424-9383

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Jolene SchotterJeff Borham & AssociatesMore Info
727-424-9383

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.