Property Description

4 UNITS ON ONE PROPERTY! Live in one unit and have income from the other 3 units, or just rent all 4 units out. Perfect location! Exactly ONE MILE from DOWNTOWN DUNEDIN and LESS THAN ONE MILE to the GULF OF MEXICO, just MINUTES from HONEYMOON ISLAND and CLEARWATER BEACH! DO NOT DISTURB THE TENANTS. NO HOA. NO CDD. This Fourplex/Quadruplex is a great addition to a portfolio with only 4 current long-term long term tenants. Value-add also available on all the units, or rent them as they are. Short term leasing presumed OK, since subject is in unincorporated Clearwater, but to be verified by Buyer. Huge, over-sized lot allows for common areas, common gazebo, additional parking, washer/dryer hook-ups in 2 places for sharing. Possible value-add for updates/additions and/or adding additional units (Buyer would need approved variance from county). Units include: Unit 1: 2/1; Unit 2: 2/1; Unit 3: 2/1 with screened front porch; Unit 4: 2/1 (fully upgraded, see below). This is an AS IS property, but has 1 year old roof, 4 tankless water heaters, upgraded plumbing, electrical, new AC units and has passed all 4 point and wind mitigation reports. ALL UNITS were completely renovated to BRAND NEW CABINETS in kitchen and bath, and GRANITE COUNTER TOPS, BRAND NEW STAINLESS APPLIANCES, and has central AC. Other 3 units have mini spilts and multiple new AC window units, upgraded countertops, plumbing, paint, flooring in multiple units. All units have both ceramic tile and/or laminate/vinyl wood flooring, no carpet. UPGRADED ITEMS in various units include: ROOF, ACs, INTERIOR PAINT, BLINDS, Tankless water heaters, APPLIANCES, FLOORING, EXTERIOR DOORS, LIGHT FIXTURES, CEILING FANS, PLUMBING, PLUMBING FIXTURES, CABINETS with slow-close and dovetail drawers, COUNTERTOPS, TILE SURROUND, SCREEN DOOR. All 4 units have electric metered separately and paid by tenants. Water is paid by Owner, but could add meters to have tenant pay directly. Serious buyers only, Cash, Conventional and Seller financing.

Property Features