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710 Lincoln Avenue
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PRICED AT ONLY: $825,000

Address: 710 Lincoln Avenue, CLEARWATER, FL 33756

Description

NEW YEAR, NEW INVESTMENT! Turnkey Fully Rented FOURPLEX! Excellent opportunity to acquire a fully rented quadruplex producing immediate income!!! This well maintained property features old Florida charm with FOUR, self contained units with a long term rental history and reliable tenants (with leases) in place. Ideal for investors seeking steady cash flow with minimal vacancy risk. Each unit offers a functional layout with separate entrances, individual utilities (electric and Internet), and well kept interiors. Family owned and regular maintenance contribute to low operating expenses and tenant satisfaction. The property includes ample parking and is located in a safe area with convenient access to schools, shopping, transit, and downtown Clearwater and the beach! With solid in place rents and potential upside through future rent increases, or value add improvements, this quadruplex is a great addition to any investment portfolio. Highlights: Fully rented immediate income Four self contained units Strong rental history Well maintained property Desirable, convenient location Ideal for investors or portfolio expansion

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  • MLS#: TB8461556 ( Residential Income )
  • Street Address: 710 Lincoln Avenue
  • Viewed: 20
  • Price: $825,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1964
  • Bldg sqft: 0
  • Bedrooms: 4
  • Total Baths: 4
  • Days On Market: 9

Description

NEW YEAR, NEW INVESTMENT! Turnkey Fully Rented FOURPLEX! Excellent opportunity to acquire a fully rented quadruplex producing immediate income!!! This well maintained property features old Florida charm with FOUR, self contained units with a long term rental history and reliable tenants (with leases) in place. Ideal for investors seeking steady cash flow with minimal vacancy risk. Each unit offers a functional layout with separate entrances, individual utilities (electric and Internet), and well kept interiors. Family owned and regular maintenance contribute to low operating expenses and tenant satisfaction. The property includes ample parking and is located in a safe area with convenient access to schools, shopping, transit, and downtown Clearwater and the beach! With solid in place rents and potential upside through future rent increases, or value add improvements, this quadruplex is a great addition to any investment portfolio. Highlights: Fully rented immediate income Four self contained units Strong rental history Well maintained property Desirable, convenient location Ideal for investors or portfolio expansion
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Exterior Features: Fence, Lighting, Rain Gutters, Sidewalk, Storage
  • Flooring: Laminate
  • Living Area: 2768.00
  • Roof: Membrane
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
  • Parking Features: Assigned, Off Street, Parking Pad
Eco-Communities
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Utilities: BB/HS Internet Available, Electricity Connected, Sewer Connected, Underground Utilities
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Tax Year: 2024
Other Features
  • Appliances: Cooktop, Disposal, Electric Water Heater, Freezer, Range, Refrigerator
  • Country: US
  • Furnished: Turnkey
  • Interior Features: Ceiling Fans(s), Kitchen/Family Room Combo, Thermostat
  • Legal Description: LEMBO SUB LOT 2
  • Area Major: 33756 - Clearwater/Belleair
  • Parcel Number: 15-29-15-51066-000-0020
  • Views: 20
Nearby Subdivisions
Ardmore Place Rep   Belmont Sub 1st Add   Belmont Sub 2nd Add   Hibiscus Gardens   Lakeview Heights   Lembo Sub   Lillian Jean Sub  
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