207 S Lincoln Ave., Clearwater, FL 33756

207 S Lincoln Ave., Clearwater, FL 33756
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$105,000
Sold on 10/20/14
Beds Baths Sq. Ft. Taxes Built
0.00 2,734 $2,794 1954
On the market: 208 days
View full details, 15 photos, school info, and price history
CASH COW! 14-17% CAP RATE! 3 Rental Units - 100% Occupied - Zoned Professional Office - Great Frontage - All long term tenantsbut on month to month agreements. Huge upside potential. Rent them as residential apts or convert to an office space or mix it up and have the tenants pay your office rent! Super flexible building. Currently set up a two 2/1 apt in front building and a deattached block studio in the back. All kinds of options. Gross Potential Income is $21,600 minus expenses of $3800 equals $17,8000 annual return! This redevelopment area of downtown clearwater is booming. Get in before the prices jump out of reach. Close to beach and walk to downtown.
Listing courtesy of Walter Penachio, PALM LIFE REALTY