$795,000 USD
561-503-3648
822 Grand Central St
Clearwater, FL 33756
South Clearwater
HIGHLIGHTS
- Multi-family property featuring five rental units, including four one-bedroom units in the main building and a two-bedroom cottage in the rear
- All units are currently occupied, providing immediate and stable rental income for investors
- Located in a prime Clearwater location with close proximity to Clearwater Beach and downtown Clearwater
- Easy access to major routes including US 19 and Gulf to Bay Boulevard, ensuring convenient connectivity to St. Petersburg and Tampa
- Situated on a 7,044-square-foot lot with two buildings, offering long-term investment potential in a high-demand rental market
- Built in 1915, the property combines historic character with income-producing functionality
OVERVIEW
With all units currently occupied, this property presents an excellent opportunity for investors seeking a reliable income stream in a high-demand rental market. This property offers a unique blend of rental units in a prime location, ensuring a steady stream of rental income.
Don't miss out on this exceptional investment opportunity in a sought-after location!
FOR SALE DETAILS
PRICE
$795,000 USD
PRICE/SF
$251 USD /SF
# OF UNITS
5
PRICE/UNIT
$159,000
CAP RATE
7.06%
% LEASED
100%
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Grand Central Apartments
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
-
STORIES
2
YEAR BUILT
1915
PARKING SPACES
6
LAND DETAILS
LAND ACRES
0.16 AC
LAND SF
7,044 SF
ZONING
MDR
APN/PARCEL ID
21-29-15-58068-003-0150
ASK ABOUT THIS PROPERTY
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561-503-3648
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561-503-3648
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