1270 Franklin St., Clearwater, FL 33756

1270 Franklin St., Clearwater, FL 33756
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$300,000
Sold on 7/30/19
Beds Baths Sq. Ft. Taxes Built
0.00 2,904 $2,454 1960
On the market: 81 days
View full details, photos, school info, and price history
This four unit multi-family opportunity is located near downtown Clearwater and provides easy access to East/West thoroughfares. The building features four one bedroom, one bath apartments. The current in-place cap is 5.6%. This is a value-add opportunity with well below market rents. With some light remodel and repositioning in the market, the cap rate could be above current trends.
Listing courtesy of Bradley Meinck, PLL, COASTAL PROPERTIES GROUP