1506 N MADISON AVE, CLEARWATER, FL, 33755
$639,000
Residential Income
Bedrooms
4
Bathrooms
4
Living Area
2,184 Sqft
Lot Size
10,197 Sqft
Investor opportunity in Clearwater! Rare four-unit multifamily property consisting of four 1-bedroom, 1-bath units at 1504–1510 N Madison Ave. The property offers strong income-producing and value-add potential and is located next to a neighborhood park with a playground, pavilion, picnic areas, and green space. The property needs a little TLC, allowing the next owner to make improvements, increase overall appeal, and potentially enhance future rental income. Conveniently located near Downtown Clearwater, shopping, dining, public transportation, major roadways, and Clearwater Beach. Ideal for a buy-and-hold investor, 1031 exchange buyer, or investor seeking a small multifamily property with upside potential. Please do not disturb the tenants.
Property Details
Property Features Property Features
MLS ID: MFRTB8534856 Year Built: 1959
Community Features: Association Recreation - Lease Construction Materials: Block
Cooling: Central Air Country: US
County Or Parish: Pinellas Exterior Features: Other
Foundation Details: Slab Heating: Central
Laundry Features: Other Listing Agreement: Exclusive Right To Sell
Listing Terms: Cash, Conventional Property Sub Type: Quadruplex
Property Type: Residential Income Road Surface Type: Asphalt
Roof: Shingle Sewer: Public Sewer
Showing Requirements: Appointment Only, Combination Lock Box Special Listing Conditions: None
Standard Status: Active State Or Province: FL
Utilities: Public View: Park/Greenbelt
Water Source: Public
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