5651 CRESTMONT ST, CLEARWATER, FL, 33760
$385,000
Residential Income
|
Bedrooms
4
|
Bathrooms
2
|
Living Area
1,652 Sqft
|
Lot Size
6,952 Sqft
|
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!
Property Details
| Property Features | Property Features | |||
|---|---|---|---|---|
| MLS ID: | MFRTB8377627 | Year Built: | 1972 | |
| Construction Materials: | Stucco | Cooling: | Central Air | |
| Country: | US | County Or Parish: | Pinellas | |
| Exterior Features: | Private Mailbox | Foundation Details: | Slab | |
| Heating: | Central | Laundry Features: | In Kitchen, Inside, Laundry Closet | |
| Listing Agreement: | Exclusive Right To Sell | Listing Terms: | Cash, Conventional, FHA | |
| Occupant Type: | Tenant | Possession: | Close Of Escrow | |
| Property Sub Type: | Duplex | Property Type: | Residential Income | |
| Road Surface Type: | Asphalt | Roof: | Shingle | |
| Sewer: | Public Sewer | Showing Requirements: | 24 Hour Notice, Appointment Only, No Lockbox, See Remarks, ShowingTime | |
| Special Listing Conditions: | None | Standard Status: | Active | |
| State Or Province: | FL | Tenant Pays: | Electricity, Sewer, Water | |
| Utilities: | Public | Water Source: | Public | |
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