1500 LEO LN E, CLEARWATER, FL, 33755
$599,999
Residential Income
Bedrooms
6
Bathrooms
3
Living Area
2,675 Sqft
Lot Size
8,250 Sqft
Don't Miss this Triplex in the Heart of Clearwater! Central location .Close to schools. Great rental history with long term tenants in place .Lease one expires 7-30-2025 .Lease two is on month to month presently and lease three expires 10-30-2025. Rents are lower than market but new owner can adjust all leases to market rents immediately for the one unit and 2-4 months for the remaining two. The property has been updated with a new dimensional roof in 2023,New underground main power line from Power pedestal to house meters,2022, New Kitchens in two units 2022 with new cabinets , refrigerators and stoves. Two baths cabinets and toilets updated 2022 . All A/cs have been replaced 1 - 2017, 1 - 2022 and 1 2024. Fresh paint inside and out 2023. Repaved Parking lot with 6 spaces 2023. The third unit has not been updated as the tenants have been there 10 years and no opportunity to update . This is a well maintained property with quick upside to market rents.
Property Details
Property Features Property Features
MLS ID: MFRTB8394503 Year Built: 1973
Construction Materials: Block, Concrete Cooling: Central Air
Country: US County Or Parish: Pinellas
Exterior Features: Courtyard, Fence, Sliding Doors, Storage Financial Data Source: Owner
Foundation Details: Slab Heating: Central, Electric
Laundry Features: Electric Dryer Hookup, Inside, Washer Hookup Levels: One
Listing Agreement: Exclusive Right To Sell Listing Terms: Cash, Conventional, FHA, VA Loan
Occupant Type: Tenant Other Equipment: Irrigation Equipment
Possession: Close Of Escrow Property Sub Type: Triplex
Property Type: Residential Income Road Surface Type: Asphalt
Roof: Shingle Sewer: Public Sewer
Showing Requirements: Appointment Only, Call Listing Agent, Call Seller Direct, Do Not Contact Tenants, Listing Agent Must Accompany Special Listing Conditions: None
Standard Status: Active State Or Province: FL
Tenant Pays: Electricity, Sewer, Trash Collection, Water Utilities: Cable Available, Electricity Connected, Public, Sewer Connected, Sprinkler Well, Underground Utilities, Water - Multiple Meters, Water Connected
Water Source: Public, Well
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