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$374,900
| Beds |
Baths |
Sq. Ft. |
Taxes |
Built |
| 5 |
0.00 |
2,549 |
$4,220.11 |
1949 |
|
On the market:
89 days
|
View full details, photos, school info, and price history
***Price Improvement – Excellent Investment Opportunity in Tavares!
Don’t miss this income-producing triplex located at 708/710/712 North St. Clair Abrams Ave—a rare opportunity to own a multi-unit property in a growing area with strong rental demand.
This property features three separate units, including two 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit, each with private entrances. All units are currently leased on a month-to-month basis, providing a new owner with the flexibility to adjust rents to market value and maximize cash flow.
Current rents are below market, with estimated market rents projected at $900–$1,200 per unit, offering significant upside potential. Ideal for investors seeking immediate income with the opportunity to increase returns through rent adjustments or light improvements.
Unit Breakdown:
Unit A (708): 2 Bed / 1 Bath – $750/month – Month-to-Month
Unit B (710): 2 Bed / 1 Bath – $750/month – Month-to-Month
Unit C (712): 1 Bed / 1 Bath – $550/month – Month-to-Month
***Estimated market rents are projected $900–$1,200 per unit.
Annual Rental Income: $24,600
Tenants are currently on month-to-month leases, offering flexibility for rent increases, owner occupancy, or new leases.
Property Features & Expenses:
Utilities Included: Water & Trash
Property Taxes: $4,093.51
Insurance: $3,413/year
Pest Control: $135/month + $95/quarter
Parking: Front & rear parking available
Laundry: Unit A inside | Unit B in shed | Unit C N/A
Outdoor Space: Units A & C feature fenced yards with patios.
Separate Entrances: All units
Ideal for investors seeking a value-add opportunity, this property offers both immediate cash flow and long-term upside. Conveniently located near shopping, dining, and major roadways, making it attractive for tenants and future leasing.
Whether you're expanding your portfolio or looking for your next income-producing property, this is one you don’t want to miss!
Listing courtesy of Yvette Hoover, ALL REAL ESTATE & INVESTMENTS