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.
| MLS # | TB8534856 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | For-sale |
| Status | Active |
| Year | 1959 |
| Days On Site | 66 |
| Listing Provided By | FUTURE HOME REALTY INC | Jerome Thompson |
| Bed(s) | 4 |
|---|---|
| Bath(s) | 4 |
| SQ Feet | 2,184 |
| Acreage | 0.23 |
| Property View | Park, Greenbelt |
| Property | 5947 |
|---|
| State | FL |
|---|---|
| County | Pinellas |
| City | CLEARWATER |
| Zip Code | 33755 |
| Area | 33755 Clearwater |
| Community Name | FAIRMONT SUB |
| Listing VS Median (in FAIRMONT SUB) | |
Price: $639,000 low | high Med: $342,500 sqft: 2,184 low | high Med: 1,409 $ / sqft: $293 low | high Med: $244 On site: 66 low | high Med: 161 | |
| State | FL |
|---|---|
| County | Pinellas |
| City | CLEARWATER |
| Zip Code | 33755 |
| Area | 33755 Clearwater |
| Community Name | FAIRMONT SUB |
| Listing VS Median (in FAIRMONT SUB) | |
Price: $639,000 low | high Med: $342,500 sqft: 2,184 low | high Med: 1,409 $ / sqft: $293 low | high Med: $244 On site: 66 low | high Med: 161 | |