121 Kenwood Ave., Clearwater, FL 33755

121 Kenwood Ave., Clearwater, FL 33755
Photo 1 of 1
$400,000
Sold on 11/14/17
Beds Baths Sq. Ft. Taxes Built
0.00 2,826 $4,326 2009
On the market: 612 days
View full details, 15 photos, school info, and price history
OWN THIS MOVE-IN READY, CUSTOM-BUILT DUPLEX FOR LESS THAN $520 OUT OF POCKET PER MONTH! Constructed in 2009, this no improvements necessary duplex represents an amazing opportunity for an owner occupant to live in one unit and rent out the other. Unit #123 has 4 bedrooms, 3.5 bathrooms. Unit #121 has 3 bedrooms, 2.5 bathrooms, 1 car garage. Each side of this duplex can rent for $1500/month. That's right! Your monthly rental income for just one of the units is almost enough to cover 75% of the monthly mortgage/expenses for the entire building, leaving you paying just $515/month. Similar duplex next door gets $1750 per month per unit! Both units have luxurious granite in the kitchen, cathedral ceilings, big windows and much more! A mere 3 miles to the beach and 2 blocks from golf at the Clearwater Country Club, this duplex pays homage to the old real estate maxim of “location, location, location.” Each unit has its own fenced in and spacious backyard, plenty of parking and separate water meters. **Monthly cost assumption based on a 30 year fixed rate loan at 4% with 20% down, $4597 in annual taxes (2016), insurance at $1300/year, and a market rate rent assumption of $1500 for each unit.** The photos are of unit 123. 121 is a mirror image of 123 with the exception of the 1st floor bedroom and full bathroom being a garage in unit 121.
Listing courtesy of CHARLES RUTENBERG REALTY INC